Technical analysis by CryptoPAMM about Symbol HBAR: Buy recommendation (7/23/2024)

Based on the Elliott Wave theory, it seems that HBARUSDT has been undergoing an ABC corrective pattern throughout the past two months. The correction has ended right at the previous supply area, which has transformed into a demand zone. Therefore, it is reasonable to assume that buyers are starting to be active from the current price and we expect quite a rally from this coin. By the way, out buy signal has triggered, with precise stop loss and exit price.