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Sunday, August 01, 2021

HBAR Update - Did we break bullish through the falling wedge?!?

HBAR Update - Did we break bullish through the falling wedge?!?

BEFORE READING, GET RID OF YOUR MOOONBOY MENTALIY AND NO EMOTIONS FOR DIPS/CORRECTIONS!

It's hard to predict a good buying price target since HBAR hasn't been around long enough to make any good educated guesses but please take a look at the chart.

Short term bearish (although we can just skyrocket from here, we need to have buy opportunities just incase we head down short term). BUY THE DIPS!!

Please see my older HBAR chart!! We broke through the falling wedge!!

HBAR Update- Bullish Falling Wedge? Time to buy soon?

You can't be emotional in these markets (stocks, forex, crypto, real estate, etc). You will lose this game following the news and doing what the majority does. News creates emotions. EverythXing you need to know are on the charts. News are manipulated by the elites, and they take advantage of our emotions. Stop listening the news and pay more attention to the charts. Dont follow the majority, because the majority will lose in the end! Also, dont buy the hype when everyone is buying.. instead buy the fear when everyone else is selling

Everything is on the chart! Cryptocurrencies are on the verge of exploding higher. Dips/Corrections are normal and needed in a bull market, and are BUYING OPPORTUNITIES! HUGE GAIN opportunity in the coming months! NEVER TRADE BLINDLY. USE MULTIPLE INDICATORS TO MAKE CALCULATED DECISIONS. TRADE WITH NO EMOTIONS!!
FACTS:
1. JULY 19TH WEEKLY CLOSE, WE CREATED A DRAGONFLY DOJI / HAMMER CANDLESTICK WHICH SIGNALS "CAPITULATION"
BY SELLERS TO FORM BOTTOM AND PRICE REVERSAL!
2. LAST TIME WE BOUNCE OFF THIS RSI TRENDLINE, IT INDICATES A TREND REVERSAL TO BULLISH AND
HBAR 15x. CAN WE DO IT AGAIN?
3. BULLISH FALLING WEDGE CONTINUATION PATTERN! DID WE JUST BREAKOUT FROM FALLING WEDGE?? AWAITING
ANOTHER WEEKLY CANDLE BODY CLOSE FOR CONFIRMATION!
4. STOCHASTIC RSI CROSSED BULLISH! AWAITING CONFIRMATION ON BULLISH CONTINUATION ONCE WE HIT OVER
STOCH RSI 20 LEVEL!

BUY TARGETS: WAIT FOR WEEKLY BODY CLOSE (NOT WICKS) NEXT WEEK, SINCE IT COULD BE A FAKE OUT.
SELL TARGETS: PRICE DISCOVERY!!

Good Luck!


"If you can't beat the fear, do it scared!"

"Be fearful when others are greedy, and greedy when others are fearful!" - Warren Buffet.

"Markets are a device for transferring money from the impatient to the patient. - Warren Buffet

"Show me the charts, and I'll tell you the news." - Bernard Baruch


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