Long

[HBAR] Hedara - BULLISH - Value Entries + Target areas

Updated

HBAR is on the way up. Looks like we still have a few areas of value to enter if it comes back to our trend line. Will watch and see.

Note

This is a strategy based off of SUPPORT and RESISTANCE zones and how to trade out of them. This is a very simple and effective approach to trading, especially when we have this ranging sideways market condition.

There were already two Pivot LOW entries so far on this current move up. Another possible Pivot LOW entry on HBAR if it drops to the 0.22 - 0.24 area at the TREND LINE. The Stop would be just slightly below it after entry, maybe around 2 cents below. And the target ranges are above. You can manage your try after entry by moving your STOP LOSS under each Pivot LOW as it continues to trend up. And adjust your trend line to go steeper if the Pivot LOWs get steeper.

No matter what approach you take in trading, always try to stick to the concept of "BUY LOW, SELL HIGH". That is the concept behind this charting set up and strategy.

TraderFromTheNorth

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