HBAR / BTC - Alternate Idea: Double-Top + Continued Correction
I've been bullish on HBAR with my other published charts. Here's an alternative idea:
We have been in a downward channel since the Google pump ended after we hit our most recent high.
We recently re-tested 500 area after a recovery from 350-370s. This idea predicts we tap near or at 500 one more time, at the top of the channel listed above. A conservative target would be 493-495, possibly in 480s.
After reaching the target, we will correct back towards all-time lows before heading up to new heights.
Sell @ 493-495 (give or take 10 sats)
Buy back @ 114-122 (give or take 10 sats)
We have been in a downward channel since the Google pump ended after we hit our most recent high.
We recently re-tested 500 area after a recovery from 350-370s. This idea predicts we tap near or at 500 one more time, at the top of the channel listed above. A conservative target would be 493-495, possibly in 480s.
After reaching the target, we will correct back towards all-time lows before heading up to new heights.
Sell @ 493-495 (give or take 10 sats)
Buy back @ 114-122 (give or take 10 sats)
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.