HBAR - Bulls are breaking out of the triangle
We have some big opportunities on HBAR so lets not sleep on them.
50 cents as a target in these current market conditions is a piece of cake. And that piece of cake is about a 30% gain from the current price.
A large green candle broke the mirror level of the tringle to the upside - this is the start of the rally.
We can see the growth in bullish momentum on the MACD graph below - lets pray this kind of momentum sustains.
Volume and price are moving in the same upwards direction - adding some nice confirmation to the strength of the upcoming move.
I'm expecting for some resistance at the current price ceiling (and current ATH). Once this level is broken it will be retested - this is when the price ceiling becomes the new price floor and when we can get ready for the main money making moves.
50 cents as a target in these current market conditions is a piece of cake. And that piece of cake is about a 30% gain from the current price.
A large green candle broke the mirror level of the tringle to the upside - this is the start of the rally.
We can see the growth in bullish momentum on the MACD graph below - lets pray this kind of momentum sustains.
Volume and price are moving in the same upwards direction - adding some nice confirmation to the strength of the upcoming move.
I'm expecting for some resistance at the current price ceiling (and current ATH). Once this level is broken it will be retested - this is when the price ceiling becomes the new price floor and when we can get ready for the main money making moves.