Technical analysis by Kosta_P about Symbol HBAR: Buy recommendation (12/13/2023)

HBAR has been grinding up and has reacted well during this BTC drop. A retrace back to 0.064 is possible and if it holds the 365 day MA it should be prime for a rip up.This one has played out to perfection, barring any bad news regarding the BTC ETF I think HBAR can make a move towards $0.20 which is where I expect major resistanceWe can see that this one reached the 0.10 target and has now retraced and respected the trend line I had applied. If we continue to hold we should see higher prices in 2024.