HBAR seems to have formed a bearish Head & Shoulders pattern over the last couple of years. There's no confirmation of the pattern yet, so wait for that before drawing any conclusions.
HBAR is arguably one of the weaker alts at the moment, so wouldn't be surprised if it breaks bearish at some point in the future; patience is key.
In case of a bearish break out, I'd be looking at the yellow areas for potential targets. Will come back to this trade once we see more bearish price action.
HBAR is arguably one of the weaker alts at the moment, so wouldn't be surprised if it breaks bearish at some point in the future; patience is key.
In case of a bearish break out, I'd be looking at the yellow areas for potential targets. Will come back to this trade once we see more bearish price action.
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🎯Official Channel: t.me/FieryTradingChannel
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
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✅Monster Signals: t.me/monster_cryptosignals
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Related publications
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.