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Monday, August 23, 2021

HBAR Update - Pay close attention to the MACD on the weekly!

HBAR Update - Pay close attention to the MACD on the weekly!

Before reading, get rid of your moonboy mentality and no emotions for dips/corrections!

People are so focused on the hourly/ daily timeframe that they get emotional on every dip! Take a step back to the weekly/ monthly timeframe and see why I'm so bullish now. Stop looking at the short term dips/rise. Short term is irrelevant for the move that is coming!

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. Everything 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. Don't follow the majority, because the majority will lose in the end! Also, don't 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 gains opportunity in the coming months! Never trade blindly. Use multiple indicators to make calculated decisions. Trade with no emotions!

1. July 19th weekly close, we created a dragonfly doji / hammer candlestick which signals "Capitulation" by sellers to form bottom and price reversal!
2. Bullish falling wedge continuation pattern! Breakout from falling wedge confirmed!
3. MACD - When blue line cross over orange line, it indicates a trend reversal. Last time we had a Bullish cross was in January 2021. HBAR 15x right after! May have another bullish cross very soon!!
4. Stochastic RSI - crossed above the 20 level for Bullish confirmation

Buy Targets: Have a huge order between $0.181 - 0.238! Though we could skyrocket from current prices though!
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

"The secret to investing/trading is figuring out how rich you want to be and how poor you're willing to become."

from TradingView Ideas
via gqrds

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