The HBAR/BTC pair has reached a double bottom + Daily Buy signal.
First of all, If you followed my analysis from the beginning of the year and you bought HBAR around 120 sats and sold it around 1200 sats you got a 10x 1000% gain.
Congrats to all of you who have followed my signals and got the balls to hold.
It is very importent to have the balls not to rebuy if the crypto pairs drop 10%. Wait until you receive a new Buy signal on the 4 hour or Daily candles. This can take weeks even months.
This all needs to be a part of your strategy. If you don't have a strategy please start one right now and improve it on the way.
Now my new analysis:
We can see a double bottom + a daily Buy signal + a 5 wave down of the Fibonacci Retracement Tool.
Wait for a clear reversal to get into this trade.
For me this reversal starts when:
- 20EMA cross up the 50SMA on the 15 minute candles. This is my first buy.
- 20EMA cross up the 50SMA on the 1 hour candles. This is my second buy.
- 4 hour and 1 day RSI is in a clear uptrend and preferably above 50 + CCI cross over above 0. This is my third buy.
My targets for the long run:
.00000645 (.236 fib)
.00000751 (.382 fib)
.00000838 (.5 fib) Here we will find some big resistance and will probably fall back to the .382 fib. Check the graph and look left.
.00000924 (.618 fib)
.00001016 (.786 fib)
.00001203 (1 fib)
.00001402 (1.272 fib)
.00001654 (1.618 fib)
I will take 30% profit when it hits the .5fib and buy it back if it comes down around the .382 fib. If it does not comes down I will not buy it back but I will have my profit.
Don't forget:
- Use a strategy, If you don't have a strategy you should start right now with following a strategy.
- Get profit or set alerts when you hit your targets.
- You can always buy it back on a retrace.
- It will not go in one straight line to the next targets.
Also keep a close eye on BTC . If BTC starts to pump it is better to move some of your profits into BTC .
Your end goal should always be to increase your BTC amount.
Cheers and have fun.
° Be Patient – Don’t panic – Trade Emotionless.
° Never lose a winning trade. You can always get back in later.
First of all, If you followed my analysis from the beginning of the year and you bought HBAR around 120 sats and sold it around 1200 sats you got a 10x 1000% gain.
Congrats to all of you who have followed my signals and got the balls to hold.
It is very importent to have the balls not to rebuy if the crypto pairs drop 10%. Wait until you receive a new Buy signal on the 4 hour or Daily candles. This can take weeks even months.
This all needs to be a part of your strategy. If you don't have a strategy please start one right now and improve it on the way.
Now my new analysis:
We can see a double bottom + a daily Buy signal + a 5 wave down of the Fibonacci Retracement Tool.
Wait for a clear reversal to get into this trade.
For me this reversal starts when:
- 20EMA cross up the 50SMA on the 15 minute candles. This is my first buy.
- 20EMA cross up the 50SMA on the 1 hour candles. This is my second buy.
- 4 hour and 1 day RSI is in a clear uptrend and preferably above 50 + CCI cross over above 0. This is my third buy.
My targets for the long run:
.00000645 (.236 fib)
.00000751 (.382 fib)
.00000838 (.5 fib) Here we will find some big resistance and will probably fall back to the .382 fib. Check the graph and look left.
.00000924 (.618 fib)
.00001016 (.786 fib)
.00001203 (1 fib)
.00001402 (1.272 fib)
.00001654 (1.618 fib)
I will take 30% profit when it hits the .5fib and buy it back if it comes down around the .382 fib. If it does not comes down I will not buy it back but I will have my profit.
Don't forget:
- Use a strategy, If you don't have a strategy you should start right now with following a strategy.
- Get profit or set alerts when you hit your targets.
- You can always buy it back on a retrace.
- It will not go in one straight line to the next targets.
Also keep a close eye on BTC . If BTC starts to pump it is better to move some of your profits into BTC .
Your end goal should always be to increase your BTC amount.
Cheers and have fun.
° Be Patient – Don’t panic – Trade Emotionless.
° Never lose a winning trade. You can always get back in later.
Note
The first target of .00000645 (.236 fib) has been met. Before we reach our next target of.00000751 (.382 fib) we probably will find some support back on the .236 fib. In the best case we could also go straight on to the .5 fib. Make sure you take some profit here.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
If you like my scripts/ideas please donate some coins to share your appreciation.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.