Momentum on RSI suggests HBAR still has room to grow.
RSI still showing bullish momentum, but I will not be entering a trade here.
With no established support, and volume slowing down, the risk is above my profile, but if I were bold enough to take entry here I would set my targets on $.34 and $.40 with SL at $.275.
If a reversal establishes support on the red trend, HBAR is heading to new price discovery.
With no established support, and volume slowing down, the risk is above my profile, but if I were bold enough to take entry here I would set my targets on $.34 and $.40 with SL at $.275.
If a reversal establishes support on the red trend, HBAR is heading to new price discovery.
Comment:
first target hit. If it double tops and bounces on $.30 we're looking good, if it falls below, we've got some gap filling that needs to happen.
Comment:
Second target scraped. I'm looking for confirmation of support around $.31 before I add to my bags.