Optimistic Outlook for H-Bar
H-Bar has successfully broken above the $0.29 resistance area and has also surpassed the wedge pattern, signaling a bullish breakout. Given the overwhelmingly positive news surrounding H-Bar, a deep correction seems unlikely, and it appears poised for rapid growth in the coming days.
Similarly, Binance Coin is gearing up to test and potentially break the $203,000 resistance level, having held above $98,000 for the past two days. This indicates strong bullish momentum for BNB.
However, due to lower trading volumes and shrinking order books, there’s a possibility of market makers or exchanges triggering shadow moves to collect stop losses. To mitigate risk, we’ve set a small stop loss for this position.
Even if the stop loss is triggered, don’t lose sight of H-Bar’s potential. Look for another buying opportunity, as this valuable token could surpass $1 within the next month.
Similarly, Binance Coin is gearing up to test and potentially break the $203,000 resistance level, having held above $98,000 for the past two days. This indicates strong bullish momentum for BNB.
However, due to lower trading volumes and shrinking order books, there’s a possibility of market makers or exchanges triggering shadow moves to collect stop losses. To mitigate risk, we’ve set a small stop loss for this position.
Even if the stop loss is triggered, don’t lose sight of H-Bar’s potential. Look for another buying opportunity, as this valuable token could surpass $1 within the next month.
Trade active
Correction:
Similarly, BTC is gearing up to test and potentially break the $103,000 resistance level, having held above $98,000 for the past two days. This indicates strong bullish momentum for BTC.
Trade closed: stop reached
The declared stop loss was activated
But the price is coming back from exactly this area and the H-bar uptrend has started
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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.