$HBAR Log chart Elliott Wave Analysis.
Floki here with the first of many Elliott Wave Analysis crypto updates.
Starting with HBAR, a coin very close to my heart, which I will qualify as Blue Chip going forward. The RL use cases it brings to the table are undeniable.
But on the technical side, is the correction done? I'd say the odds of it being done are at about 70%. There is still room (30% chance) to go lower with a final 5th wave of Ⓒ. That would make this whole move up and down a Macro i & ii. And we all know what comes next right ? The infamous wave iii on macro scale.
My bias was way off in my last analysis on January. But the market has shown us its hand as of now.
Trade safe y'all.
Starting with HBAR, a coin very close to my heart, which I will qualify as Blue Chip going forward. The RL use cases it brings to the table are undeniable.
But on the technical side, is the correction done? I'd say the odds of it being done are at about 70%. There is still room (30% chance) to go lower with a final 5th wave of Ⓒ. That would make this whole move up and down a Macro i & ii. And we all know what comes next right ? The infamous wave iii on macro scale.
My bias was way off in my last analysis on January. But the market has shown us its hand as of now.
Trade safe y'all.
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Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Publications connexes
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.