HBARUSDT zoom into the 1 hour and you'll see a serious amount of consolidation, and building a good base. Let's see if it holds and blast off the next few days.
HBARUSDT buyer and sellers are in a big fight here at 0.220 trying to turn weekly green or red , it's a gambling zone , since it was down ten percent this week , price have now two choice , going up another 10% or go down 10% and fill that big wick to the downside , this will be a nice weekly reversal candle if it manages to close it in 10% green ,I defenetily like it to happen since i still hold 50% of my buys but I'm not that optimistic BTC can still get rejected from 99-100k for the 10th time since last 15 days
HBARUSDT There is two major resistance in this area , 1_weekly open at 0.220 2_previous low now acting as resistance at 0.217 (it's also 0.618 fib level) so it's probably wise to take some profit here or putting stop loss in profit , this also lack of proper 5 wave structure to go up ( we may also be in the process of forming some sort of ABC correction) it can also shoot up through resistance if BTC manages to go above 98k which probably depends on FOMC meeting news, but going down to make a better structure is more probable , I closed 50% of my positions and will buy if back it goes back to 0.2 level again
HBARUSDT got stopped out , I become greedy and jump in too soon . but as long as it remain above 0.2 the chart is still valid , buying some again lets see what will happen