Hedera HashgraphLong
HBAR completed a running flat for wave 4 & holds 0.25
The big breakup candle low of last Dec was retested several times
to see if there are buyers who were not able to hop on the train.
So far 0.25 has proven to be a demand zone.
Looks like the black uptrend line is still valid although
a fake-out down to 0.20 support may still happen & will be bought up very quickly.
Next resistances are 0.30, 0.40 & 0.49.
After a running flat or perhaps at worst, a regular flat, wave 5 shall continue.
This is not trading advice.
to see if there are buyers who were not able to hop on the train.
So far 0.25 has proven to be a demand zone.
Looks like the black uptrend line is still valid although
a fake-out down to 0.20 support may still happen & will be bought up very quickly.
Next resistances are 0.30, 0.40 & 0.49.
After a running flat or perhaps at worst, a regular flat, wave 5 shall continue.
This is not trading advice.
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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.
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.