Hedera Hashgraph's chart seems to follow exactly the same trend as Harmony ONE.
The chart shows us an increase of around 1700% during a first bull run. This time followed by a retracement in the area just below 0.61 Fibonacci forming a symmetrical triangle.
This has led to a new breakout and a 230% increase the chart at this time appears to be following the previous pattern within a new symmetrical triangle as in the case of Harmony.
If it continues on this trajectory we could find ourselves facing a new bull run around March / April 2022.
If, on the other hand, the pattern breaks, then also in this case we can talk about a temporary bear market.
Note: The symmetrical triangle in both the former and the latter demonstrated a small upside breakout during the retracement, indicating strong bullish pressure.
The chart shows us an increase of around 1700% during a first bull run. This time followed by a retracement in the area just below 0.61 Fibonacci forming a symmetrical triangle.
This has led to a new breakout and a 230% increase the chart at this time appears to be following the previous pattern within a new symmetrical triangle as in the case of Harmony.
If it continues on this trajectory we could find ourselves facing a new bull run around March / April 2022.
If, on the other hand, the pattern breaks, then also in this case we can talk about a temporary bear market.
Note: The symmetrical triangle in both the former and the latter demonstrated a small upside breakout during the retracement, indicating strong bullish pressure.
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Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.