HBAR has been in a re-accumulative state since around the 15th of March. A recent change of character and break out show that supply has diminished as we formed higher lows through out the range before breaking out.
We are currently now retesting the top of our trading range sat in the oversold condition on the long term trend line .
Some more consolidation in...
I believe we could be seeing a phase c of our re-accumulation structure.
We are seeing a lot of speculation and fear in the market which has been incredibly greedy and overheated.
RSI is approaching the oversold condition for the first time since March 2020 Covid 19 Sell off which was a spring action.
I expect institutional buying to take place around the 43...