HBAR TECHINCAL ANALYSIS
Updated
This chart is solely based on cyclical events.
Hbar is now back to critical accumulation levels from 2020.
RSI is extremely oversold on the weekly.
An early fed pivot could invalidate this analysis.
BTC halving: Apr 29, 2024
Hbar is now back to critical accumulation levels from 2020.
RSI is extremely oversold on the weekly.
An early fed pivot could invalidate this analysis.
BTC halving: Apr 29, 2024
Note
Almost a year later:Sitting on the sidelines with #HBAR for now, as its future seems uncertain. Opened a short, details here 👉
Potential spot entries at $0.03 or lower, depending on how things unfold. HBAR sounded great during the bull, kind of like 90% of projects. Only time will tell. Mainly looking to see if social communities are growing and active.
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