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Hedera Hashgraph Fake Breakdown Complete, Bulls Time!
Hedera / Bitcoin
Long
Hedera Hashgraph Fake Breakdown Complete, Bulls Time!
By AlanSantana
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Aug 10, 2020
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Aug 10, 2020
Do you remember a few weeks back when I kept on mentioning the "fake breakdown" being printed on many altcoins charts?
Here we go again...
Hedera Hashgraph (HBARBTC) had a fake breakdown recently... Meaning that prices moved below support just to quickly move back above it.
This can also be called a "shake out", or stop-hunt... Looking for liquidation... Whatever...
What is really important here is that this is a bullish move and supports additional growth.
Of course, the charts can always change... and we switch to bearish if prices move back down and close below support.
That's why we always use a stop-loss when trading.
As for the chart signals...
We have the MACD, RSI, volume... etc.
You already know my classic signals :)
Thanks a lot for your support.
Namaste.
alanmasters
altcoins
Beyond Technical Analysis
binance
bittrex
crypto
Cryptocurrency
hbar
HBARBTC
hederahashgraph
Technical Indicators
Trend Analysis
AlanSantana
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