Logarithm. Time frame 3 days. Fresh cryptocurrency. This main trend of this cryptocurrency itself (the entire history of trades) acts as a secondary trend in meaning.
The legend of the utility-imitation of this cryptocurrency is the tokenization of assets. A very good idea for the future hype of this kind, especially if they will continue to hype the "American" HBAR.
The chart shows the zones (support/resistance horizontal and dynamic) of maximums and minimums for work.
Now, after breaking the logic of the descending wedge (all the price drop), the price went into sideways consolidation. The channel step and local levels are shown. If they draw an inverted head and shoulders with the price in the channel canvas (part is already there), then there will be an exit to % of its base up, just to one of the following designated resistance zones. If the market as a whole is negative, then from this consolidation there may be another wave of decline. The zones are shown in the idea.
The asset itself was dumped after a local listing pump by -91%, these are not the minimum values for assets of such liquidity. But, sometimes if the market as a whole looks bullish, then the trend of the wrapper is reversed, this is an acceptable decline, but not minimal. Consider this in your money management and work tactics.
The legend of the utility-imitation of this cryptocurrency is the tokenization of assets. A very good idea for the future hype of this kind, especially if they will continue to hype the "American" HBAR.
The chart shows the zones (support/resistance horizontal and dynamic) of maximums and minimums for work.
Now, after breaking the logic of the descending wedge (all the price drop), the price went into sideways consolidation. The channel step and local levels are shown. If they draw an inverted head and shoulders with the price in the channel canvas (part is already there), then there will be an exit to % of its base up, just to one of the following designated resistance zones. If the market as a whole is negative, then from this consolidation there may be another wave of decline. The zones are shown in the idea.
The asset itself was dumped after a local listing pump by -91%, these are not the minimum values for assets of such liquidity. But, sometimes if the market as a whole looks bullish, then the trend of the wrapper is reversed, this is an acceptable decline, but not minimal. Consider this in your money management and work tactics.
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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.
✅ Telegram. Finance + Trading: t.me/SpartaBTC_1318
✅ Telegram. Сrypto trading only: t.me/SpartaBTC_tradingview
✅ Instagram: instagram.com/spartabtc_1318
✅ YouTube (Rus): goo.su/vpRzRa2
✅ Telegram. Сrypto trading only: t.me/SpartaBTC_tradingview
✅ Instagram: instagram.com/spartabtc_1318
✅ YouTube (Rus): goo.su/vpRzRa2
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.