HBARUSD has enormous upside potential

31 Mac 2023

Hedera (HBARUSD) broke today above its 1D MA50 (blue trend-line) again for the first time in 1 month (March 01). It is still inside the High Volatility Zone that is holding since June 2022. A break above it targets initially the 0.5 Fibonacci level as the February 12 High did and then a Higher High most likely on Resistance 1 (0.11000) or even the 0.618 Fib. Any pull-back after those can be re-bought as the Channel Up that started on the November bottom, ultimately targets the 0.786 Fib at $0.17500.


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