Login / Join

Technical analysis by ModernKnowledge about Symbol HBAR: Buy recommendation (11/7/2021)

https://sahmeto.com/message/2755174
ModernKnowledge
ModernKnowledge
Rank: 12540
1.5
Buy،Technical،ModernKnowledge

We have been making higher lows since 21 july's reversal, trendline measured from it is a very strong support. It bounced from it really well.Now the 0.382 fibb extension is becoming the new support, in my opinion it will hold but we should wait for a confirmation. Eth is making new ATH's, DOT aswell and BNB is close to it. It is not a alt season but its a very good time for certain coins. I can easily see HBAR going for the ath again.A bigger correction would be really healthy but from the technical site i dont think is gonna happen soon, of course its crypto so i would not be surprised ;)Targets are 0.43 and 0.46 - but there is a possibility we will test the ATH.Sorry for the chart cluster, didnt have time to have fun and change fibb colors :)1st target reached ;]:)

Translated from: English
Show Original Message
Signal Type: Buy
Time Frame:
4 hours
Price at Publish Time:
$0.38561
Share
Signals
Top Traders
Feed
Alerts