HBAR Update- Falling wedge bullish breakout confirmed!
Before reading, get rid of your moonboy mentality and no emotions for dips/corrections!
People are so focused on the hourly/daily timeframe that they get emotional on every dip! Take a step back to the weekly/monthly timeframe and see why I'm so bullish now. Stop looking at the short term dips/rise. Short term is irrelavent for the move that is coming!
You can't be emotional in these markets (stocks, forex, crypto, real estate, etc.). You will lose this game following the news and doing what the majority does. News creates emotions. Everything you need to know are on the charts. News are manipulated by the elites, and they take advantage of our emotions. Stop listening the news and pay more attention to the charts. Don't follow the majority, because the majority will lose in the end! Also, don't buy the hype when everyone is buying.. instead buy the fear when everyone else is selling
Everything is on the chart! Cryptocurrencies are on the verge of exploding higher. Dips/Corrections are normal and needed in a bull market, and are buying opportnities! Huge gains opportunity in the coming months! Never trade blindly. Use multiple indicators to make caculated decisions. Trade with no emotions!
FACTS:
1. July 19th weekly close, we created a dragonfly doji/hammer candlestick which signals "Capitulation" by sellers to form bottom and price reversal!
2. Last time we bounce off this RSI Trendline, it idnicated a trend reversal to bullish and HBAR 15x. Can we do it again?
3. Bullish falling wedge continuation pattern! Breakout from falling wedge confirmed!
4. Stochastic RSI D/K lines both cross above the 20 level on the weekly timeframe for confirmation of trend reversal!
Buy Targets: Have a huge order at $0.181! Could skyroket from current prices though!
Sell Targets: Price Discovery!
Good Luck!
"If you can't beat the fear, do it scared!"
"Be fearful when others are greedy, and greedy when others are fearful!" - Warren Buffet.
"Markets are a device for transferring money from the impatient to the patient. - Warren Buffet
"Show me the charts, and I'll tell you the news." - Bernard Baruch