HBARUSDT is currently forming a promising bull flag pattern on the daily chart.
Bullish Scenario:
If you're not in the trade yet, you can consider entering now for a potential long-term position, or wait for a confirmed breakout followed by a retest for added confirmation.
Bearish Scenario:
If the price breaks down from the bull flag, the next major support lies around the 800 SMA on the 8H, 12H, and daily timeframes.
!!! REMINDER !!!
Always pay attention to the signals when you're in a profitable trade. Secure your gains and consider re-entering on the next pullback.
Be Patient - Don't Panic - Trade Emotionless
Bullish Scenario:
If you're not in the trade yet, you can consider entering now for a potential long-term position, or wait for a confirmed breakout followed by a retest for added confirmation.
Bearish Scenario:
If the price breaks down from the bull flag, the next major support lies around the 800 SMA on the 8H, 12H, and daily timeframes.
!!! REMINDER !!!
Always pay attention to the signals when you're in a profitable trade. Secure your gains and consider re-entering on the next pullback.
Be Patient - Don't Panic - Trade Emotionless
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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.
If you like my scripts/ideas please donate some coins to share your appreciation.
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.