dudebruhwhoa

HBAR / BTC - Ready for the Next Move Up

Long
dudebruhwhoa Mis à jour   
BITTREX:HBARBTC   Hedera / Bitcoin
Our trend line has acted as a pivot for the last 3 moves, each time we found a bottom, twice, which ended near the trend line, and followed with a significant move up. Assuming this occurs again and we don't break below the trend line, we can expect a move to ~1000 sats, possibly as high as 1125.

Close below the trend line on the daily invalidates the trade. Possible outcomes of a break below the trend line are:

- repeating pattern idea:


- triple bottom vs. btc (or a giant HSi may form)

Chart from this post is Heiken Ashi daily chart, levels were drawn using multiple time-frames, main trend line is drawn from daily candlestick. Targets are chosen via double bottom projection and fibs.

2 Hour Candlestick Chart zoomed in:


Daily Candlestick Chart, also zoomed in:

Commentaire:
Here's another interesting look, what if HBAR / BTC weekly is in a parallel channel (same scenarios still apply as described above):


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