#HBAR Bullish Butterfly Pattern (4H)
Compared to both Bitcoin and Ethereum, HBAR is fundamentally a superior Cryptocurrency.
Faster Transaction times,
Smaller Transaction fees,
and a plethora of real World applications.
Based on this premise I would advise Hodling HBAR as a long term investment.
Those of you who regularly view my published ideas will notice, on this chart, the lack of a position tool denoting a stop. The price of HBAR will continue to rise, and I intend to buy every dip as it does.
The Butterfly is a reversal pattern that can be found at the end of retracements (pullbacks) and long term trends. The structure is formed by five points (X,A,B,C,D), the final three of which are identified by measuring specific percentage ratios from the intial two. The final point, D, denotes the point of entry for a trade.
Check the links below for a more in-depth explanation on how to identify, measure and trade the butterfly. You can also watch video tutorials on all the major harmonic patterns by visiting my channel.
Faster Transaction times,
Smaller Transaction fees,
and a plethora of real World applications.
Based on this premise I would advise Hodling HBAR as a long term investment.
Those of you who regularly view my published ideas will notice, on this chart, the lack of a position tool denoting a stop. The price of HBAR will continue to rise, and I intend to buy every dip as it does.
The Butterfly is a reversal pattern that can be found at the end of retracements (pullbacks) and long term trends. The structure is formed by five points (X,A,B,C,D), the final three of which are identified by measuring specific percentage ratios from the intial two. The final point, D, denotes the point of entry for a trade.
Check the links below for a more in-depth explanation on how to identify, measure and trade the butterfly. You can also watch video tutorials on all the major harmonic patterns by visiting my channel.
