Decision Time for HBAR
Updated
HBAR should be making a decision here soon. To reach targets it needs to cross the neckline above and hold above it (approx 9-10 cents). If successful, the next move should target somewhere in the middle of weekly resistance.
Alternative decisions:
- a move back down to weekly support or even back down to the stronger section of that around 3.7 - 4 cents
- drag out sideways (HBAR loves to do this)
Alternative decisions:
- a move back down to weekly support or even back down to the stronger section of that around 3.7 - 4 cents
- drag out sideways (HBAR loves to do this)
Note
Here's another weekly drawing/idea that coincides with the one above, where 1x and 1.5x measured falling wedge targets below are nearly the same as 1x and 2x measured targets from the chart above:
Related publications
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.