A Crypto on a journey from bigger Time-F's & Big move-up
Updated
https://www.tradingview.com/x/0YKXbdMA/
I have been following HBARUSD for a bit over a week. I was wondering why it was getting huge volumes lately. Hidden away on higher time frames 'monthly' & 'weekly' charts reveals the reasons volume and buying is on increase.
Price breaking out of a triangle on Monthly chart very, very recently and price moving back to retest this breakout and give buyers another opportunity at the better price.
Weekly chart is a Top 2 and price snapping back to retest the Top of this system.
A good trade with a longer term view, or cash in on the short term with its volatility supportive of long prices.
I have been following HBARUSD for a bit over a week. I was wondering why it was getting huge volumes lately. Hidden away on higher time frames 'monthly' & 'weekly' charts reveals the reasons volume and buying is on increase.
Price breaking out of a triangle on Monthly chart very, very recently and price moving back to retest this breakout and give buyers another opportunity at the better price.
Weekly chart is a Top 2 and price snapping back to retest the Top of this system.
A good trade with a longer term view, or cash in on the short term with its volatility supportive of long prices.
Trade active
Buying market price 0.14 up to 0.1430
SL: 0.1198
TP1: 0.1530
TP2: 0.35
Note
Very low timeframe a few moments ago
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Break-Through:
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How about a 1HR buy:
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Price wound up in a head n shoulders to the downside.
Watch out for a very sharp snap back to the LONGSIDE when this pattern completes. 15M tf.
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