Technical analysis by tradeasan about Symbol HBAR on 3/14/2025

tradeasan

Daily Chart Review and Analysis: Overall Approach and Comprehensive Description: The above image ( # 1) displays the long -term trend of Hedra digital currency. The final part of the chart, which began on November 2024, is located in the fork of Andrews. Just look at this section. The price of Hedra from the $ 0.04,000 range, with a positive approach in the currency market, has begun a major growth so that none of the resistance points within Andrews can prevent the upward trend, with the price being over $ 0.19,000 in the $ 0.19 trolley. Grow $ 0.40145. That is, the price of the digital currency "Hedra" at the top of the fork has grown more than 100%. But after it reached 2.618 percent of Fibonacci, the resistance stopped in the area and was corrected. The correction continued to 1.618 percent of Fibonacci and then re -moved to the price area of 0.40145, but with the collision of the price, it was re -corrected, which did not stop at 1.618%. This procedure made the twin roof pattern that is clearly visible. The current situation is that the price has hit the fork ceiling, which is a relatively stable resistance area, which was a sign of a severe price drop in Hedra. In the current situation, there were two things ahead of the price: the start of the uptrend for the price: Given that the price has previously collided with the area and has resistant and up to 1.618 % and has again hit the fork ceiling again in the current situation. This situation has been able to form a twin floor pattern in this area. The twin floor pattern is capable of rushing the price towards $ 0.40145 for the third time in the current stage. Falling and elephant pattern: If the price penetrates into the fork, the twin floor pattern becomes elephant, and the price drop will continue until the Madin Line Line. In this price area, there is an important $ 0.10000 support that is very important and can prevent the price drop for a while and reduce the speed of falling. The signal I put in the analysis is my personal opinion, but better to monitor Hedra because it finally chose a direction.