HBAR headed to range lows if this happens

This idea will probably fail if bitcoin goes bananas. Anyways this chart is pretty self explanatory. The idea is that HBAR is in a longer consolidation similar to the one it was in last year. I marked some similarities between back then and now. If HBAR dumps below the 21 EMA on the weekly chart, keep this idea in mind.
Chart PatternsTechnical IndicatorsTrend Analysis

Feragatname