HBARUSDT Price Action Range| Range High| Range Low| Trend Evening Traders,
Today’s analysis – HBARUSDT- trading within a large range where a deviation towards the lows is probable,
Points to consider,
- Price Action Impulsive
- Range High Resistance
- .618 Fibonacci Support
- Low Volume
HBARUSDT’s immediate price action is trading in a rising channel that has a probability of breaking down.
The .618 Fibonacci is a key level that needs to be respected for a continued move back up.
The current volume profile is below average, an influx is highly imminent on the next expansion.
Overall, in my opinion, HBARUSDT is a valid long with defined risk; price action is to be used upon discretion/ management.
Hope this analysis helps
Thank you for following my work
And remember,
“Fear, inherently, is not meant to limit you. Fear is the brain’s way of saying that there is something important for you to overcome.”
― Yvan Byeajee
