Remains Bullish Above the Wedge
Updated
HBAR will remain bullish as long as it remains above the wedge it broke out of. This is a re-draw of the previously posted wedge that I think makes a bit more sense.
Should it stop moving down anywhere above or within the green box, I'll expect it to continue up towards targets marked on the chart above - TP 1 and 2.
Should it stop moving down anywhere above or within the green box, I'll expect it to continue up towards targets marked on the chart above - TP 1 and 2.
Note
Down in the re-test area now, still above the wedge -- daily candles need to continue closing above the wedge or this becomes invalid. Let's see if we close above it todayNote
Note
Update - bounced off of re-test area perfectly. Wedge re-drawn w/ wedge lines snapped to line chart and then converted back to candlesticks:Trade active
Headed towards targets finally:Trade active
Should start heading up towards 6-7 cents soon
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