Long

HBAR finally on the move

Updated

Quick update - broke out of falling wedge recently, held above weekly support last night. Next up is likely 8 and then 9.7 cents. Doubting we'll see a re-test at top of wedge (but possible), if any re-test at this point, more likely the top of weekly support.

Meanwhile, the HBAR/BTC pairing just broke above previously weekly lows, and if it holds above 261 by close today, we should see it rise above weekly support next as well:

Long-term plan is still expanded flat correction:

HBAR Nearing Completion of Expanded Flat Correction

But, I have a running theory that most of crypto wants to see double-top here, with some outliers - HBAR may be an outlier considering it never ran as much as other promising technologies during the last bull stage:

Double-top may be in the cards for Bitcoin & Crypto Market

Trade active

Wick tapped TP 1 today:

Note

Update - if Bitcoin re-tests wedge top, near 17-19k HBAR could do the same and re-test either top of weekly support, or its wedge top near 4.3-5.2 cents or so, otherwise we'll continue up to targets - Bitcoin pictured below:

Note

Edit - could be more like 4.8-5.8 cents as well - if we don't just continue up

Note

Update - halfway to 2nd target. After reaching 2nd target - if we want to see it revisit previous highs or even a new high - first it needs to get well above 17 cents imho.

Trade closed: target reached

All targets reached on this chart, closing trade - again, need to see well above 17 cents for the much larger move:

dudebruhwhoa

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