HERO has come to the end of the triangle. Which way will it go?

4 Şub 2022

We have come to the final squeeze of the long resistance line since its top here.
Interesting things to note:
1) There is parallel channel we are caught in. We have bounced off the bottom of this channel, which is causing this mini rally of 10%.
2) To gain momentum, we need to break out of the resistance line that is drawn coming from the top.
3) The public sale for EVERDOME will be live very soon, and this could trigger a bearish or bullish movement. Let's wait and watch what happens as Binance is involved in this.

Sell targets? Those two red rectangular boxes indicate some local resistance zones, and we can expect to take profit there.

I will post a new chart once this resistance is broken, and the public listing date has been fulfilled.

4 Şub 2022

Not

SL/TP: $0.044

4 Şub 2022

İşlem aktif

resistance line broken

9 Şub 2022

Not

Still in consolidation (means it's stuck in the parallel channel)

13 Şub 2022

Not

First resistance / sell zone / take profit hit!! Congrats