Hedera (HBARUSD) hit today the top of its 3 month Channel Up. Such Higher Highs have called within this pattern for a pull-back to the 1D MA50 (blue trend-line) for the most optimal buy entry. If a 1D candle closes above Resistance 1 (0.07000) before such pull-back, we will have a new pattern emerging and we will buy the break-out, targeting Resistance 2 at 0.077950.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.