The last idea for today, will not write a long read and will keep it short instead.
With
HBARUSDT
we're moving inside the long shallow uptrend, then formed the triangle with the descending wedge inside, which guided us to the lower zone of this long uptrend. We're not having other chance than to get some new liquidity in and break out of the wedge for probably the last leg of this uptrend before coming down into the possible autumn correction.
What else adds confidence to these words? I just LOVE how this Big Guy indicator plays out on HBAR showing the good moves everytime after the zones with big guys walking in. And we've just had another one pop up.
We're currently AT the resistance zone and we might either break out right about now, or will test out the liquidity zone again within next few hours and pump!
Consider short Stop Loss below the yellow trendline, or the longer one below the previous higher low.
Have a good buy in and a calm night
👁️ A.I.Vision
With
HBARUSDT
we're moving inside the long shallow uptrend, then formed the triangle with the descending wedge inside, which guided us to the lower zone of this long uptrend. We're not having other chance than to get some new liquidity in and break out of the wedge for probably the last leg of this uptrend before coming down into the possible autumn correction. What else adds confidence to these words? I just LOVE how this Big Guy indicator plays out on HBAR showing the good moves everytime after the zones with big guys walking in. And we've just had another one pop up.
We're currently AT the resistance zone and we might either break out right about now, or will test out the liquidity zone again within next few hours and pump!
Consider short Stop Loss below the yellow trendline, or the longer one below the previous higher low.
Have a good buy in and a calm night
👁️ A.I.Vision
Trade active:
We're now slightly below the Big Trendline (Yellow), at the point of the Wedge support (White) at the same time, which is connected to the Zone of Interest (Red Box) for me.
Not seeing high buying volumes right now, expecting it to be a matter of time or a matter of 1-2 more touches to the Wedge support within the zone of interest.
Not seeing high buying volumes right now, expecting it to be a matter of time or a matter of 1-2 more touches to the Wedge support within the zone of interest.
Comment:
Second Touch
Comment:
Today was a heavy one, definitely!
We didn't hit the Stop Loss, retested the Aug 17th zone and now are trying to get back to the upside of the trendline. It's hard though, at the moment. What I can totally say - HBAR is out of the Wedge formation at the moment, retesting both wedge resistance AND Big Trendline. Going back to the trendline will show the strength and will confirm that the breaking down move was just the manipulation. If not - expect going a bit deeper, while BTC's showing volatility on the news.
We didn't hit the Stop Loss, retested the Aug 17th zone and now are trying to get back to the upside of the trendline. It's hard though, at the moment. What I can totally say - HBAR is out of the Wedge formation at the moment, retesting both wedge resistance AND Big Trendline. Going back to the trendline will show the strength and will confirm that the breaking down move was just the manipulation. If not - expect going a bit deeper, while BTC's showing volatility on the news.
