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HBAR / USD - Possible W formation on 4H Chart

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BINANCE:HBARUSD   Hedera Hashgraph
New listing just announced @ Uphold, potential contract with NASA, a bullish W (a mini-double bottom) could be taking shape here. Completion of this W woud likely flip resistance back to support (green box/area).

This would be occurring at the end of a bull flag on BTC pairing daily chart:


BTC chart idea linked below, as well as an alternate theory for the bearish scenario.
Komen:
Updated the bottom right corner of the W, should've been even w/ the bottom, added a line to denote where double bottom should occur:

Pesanan dibatalkan:
idea invalidated, crossed below bottom

Penafian

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