Hedera (HBAR)

Hedera chart is tempting and promising too. An inverted wedge pattern, a big one, is formed which means HBAR's future upward waves can be huge; and currently price is at the bottom. Also, a big harmonic pattern ended too. More importantly, it seems a double triangle pattern has formed, which gives the possibility of a strong upward wave. Let's see what happens.

Note

So, after HBAR broke the major downtrend line, it went up. HBAR tried three times but couldn't pass through the resistance line (purple). Now, HBAR is going toward this line for the fourth time. Let's see if HBAR can break it this time or not.

Note

So, HBAR couldn't break the purple resistance line; thus, HBAR went down. Correction toke HBAR down to the bottom, and it seems HBAR bounced off the bottom and started a new upward wave that broke the minor downtrend line. Let's see if HBAR can reach the purple resistance line again or even break it. Let's see what happens.

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So, it seems HBAR is left behind in the crypto market upward move, and started its upward wave with a delay. Let's see if HBAR can reach the purple resistance line, or even break through it.

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Note

So, HBAR reached the first target; a 250% increase. HBAR may need to accumulate momentum, thus a minor correction is not unusual. Let's see what happens..

SaeedSalehinia

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