Long

HBAR - Riding The Beast!

Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.

📈After breaking above the $0.1 mark, HBAR surged by almost 400%.

Currently, HBAR is in a minor correction phase.

Moreover, the green zone is a strong demand.

🏹 Thus, the highlighted blue circle is a strong area to look for buy setups as it is the intersection of the demand zone and blue trendline acting as non-horizontal support.

📚 As per my trading style:
As #HBAR approaches the blue circle, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)

📚 Always follow your trading plan regarding entry, risk management, and trade management.

Good luck!

All Strategies Are Good; If Managed Properly!
~Rich

TheSignalyst

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