Hedera Hashgraph / TetherUS
Updated

HBARUSDT - alt season may get delayed a bit

388
hi traders,

We were promised the alt season but it look like there's a chance that it will get delayed a bit.
A lower high is not what bulls want to see.
The price is approaching the key support. If it fails, it may get ugly.
Even 40 % drop is in the cards.
If the support holds, we may get the bounce and more consolidation.

If you want to short, wait for the breakdown with a volume surge to avoid the fakeout.
3 targets are shown on the chart. Take profit when the price reaches each of those targets.

If you're bullish, long at the support and put the stop loss around 0,27.
The target for bulls may be at the downsloping resistance line.

Good luck

Trade active
Target 1 for shorts reached.

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