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Technical analysis by Stoic-Trader about Symbol HBAR: Sell recommendation (10/29/2024)

https://sahmeto.com/message/2931138
Stoic-Trader
Stoic-Trader
Rank: 143
3.6
:Sell
Price at Publish Time:
$0.049779
Sell،Technical،Stoic-Trader

Corrective price action suggests the downtrend is not over yet.Lack of RSI divergence supports this idea.I expect a lower low below the purple line.A recovery above the purple line and descending trendline will be indicative of a reversal.

Source Message: TradingView
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