Technical analysis by AvenueWork about Symbol HBAR: Buy recommendation (7/16/2023)

Market Cap $2,489,663,131 9.22% Fully Diluted Market Cap $15,067,834,183 9.22% Volume 24h $657,357,987 63.52% Volume / Market Cap 0.2634 Circulating Supply 8.26B HBAR 17% Max Supply 50,000,000,000 Total Supply 50,000,000,000 www.hedera.com Hedera long term strategy to go with the hype around this coin. I'm not one for fundamentals, as I feel all coins are basically the same. This is purely a high-risk, low capital long term strategy. Much like my TRX play. But I do favor this one more. Anticipating 3 areas of DCA on this. Technicals: Weekly time frame, Binance. Original fork still an option but favoring modifier for now due to passage of time and symmetry. Currently resistance in upper parallel. However, the longer this goes sideways and remains above 21 Week MA I will be more bullish to the upside. I have marked my areas of potential zones I would prefer to see bounces and levels which I will add to bag. Anticipation of this is 2-4 years so patience is key. Will update upon further market information. Short term: Anticipating profit taking and return to median line. Also would like to see more passage of time (~eoy 2021). However, any moves back above 40 cents will lead me to believe in more immediate upside.Comment:Comment: I can tell this is gonna be a crappy coin to trade. Long sideways and pumps, much like XRP. Hopefully I'll find out that I was wrong. Anyway, still waiting for lower prices. September maybe?Comment: 3 Day chart. Current thoughts. Approaching median.Comment: Quick Daily UpdateComment: Just wanted to make a quick update on HBAR. Seems that people are beginning to notice this post for some reason. Chart is a 3 Day. Going to be some tough resistance to crack but the fork remains validComment: USD PairComment: 3 Day BTC Pair UpdateTrade closed: target reachedComment: Quick Monthly BTC Pair UpdateComment: Saving for my Records :Comment: Will be looking for lower entries on the MonthlyComment: Respect to @eloquentplatypus for bringing my attention to a few new coins in the space. Worth a follow, here is his HBAR post for referenceComment: Looking for those lower entries....Comment: HBAR levels updatedComment: Weekly updateComment: Weekly : Not loving this break here but won't count HBAR out just yet.Comment: BTC pair 786Comment:Comment: Warning line low TF