FieryTrading

🔥 HBAR Targets Reached: Break Out Soon?

Long
BINANCE:HBARUSDT   Hedera Hashgraph / TetherUS
Two days ago I made an analysis on HBAR. In this analysis I argued that HBAR had likely found its local bottom at the support area and was prone to bounce.


Only two days later, HBAR smashed through both resistance targets and saw a nice 30% increase in value.

As for now, it appears that HBAR has found short term resistance at $0.39. I'm expecting this resistance to get taken out in the near future. Expect a break out through the resistance area soon.

Next target: $0.44

Happy trading!

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