HBAR looks to be forming a nice Cup & Handle pattern!

HBAR has been on an absolute tear as of late, but it appears that the momentum is slowing. If it does, it is likely to pull back deeper into the wedge pattern and is also likely to form a 'handle' pattern to accompany the cup it has now formed. This would be a great opportunity to short as the handle forms and go long once it has bottomed and the price action breaks out, finishing the pattern.

Good luck, and always use a stop loss!
Chart PatternscupandhandlepatterncuphandlecupnhandlehbarHBARUSDhbarusdcHBARUSDThederaTechnical IndicatorsTrend AnalysisWedge

Juga pada:

Penafian