HBAR has been coiling in this triangle, since July. Every time we gotten to the bottom of the range, supply evaporates, as evidenced by the steep and sharp ledge on the range VP. Buyers are stepping in aggressively at the lows so no shortage of demand. Sellers seem to have very little belief that selling below the range VAL is a good idea.
I am long from the VAL, looking to add after a breakout of the upper trend channel, once price is above the volume shelf and showing strength.
Good luck all
-Trend_Chaser
I am long from the VAL, looking to add after a breakout of the upper trend channel, once price is above the volume shelf and showing strength.
Good luck all
-Trend_Chaser
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Follow me on Instagram and Youtube
Disclaimer
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.