After a great parabolic rise, HBAR is now looking to correct with a bearish RSI divergence and a falling MACD histogram (see yellow lines). On daily we are also overextended, so probably a good time to explore some cooldown in price.
Targets are on the chart. Once we break the parabola, the up-trend will be stopped and we may fall.
My bias is bearish. We should know by tomorrow if this is confirmed.
Like and follow if you liked this idea!
Targets are on the chart. Once we break the parabola, the up-trend will be stopped and we may fall.
My bias is bearish. We should know by tomorrow if this is confirmed.
Like and follow if you liked this idea!
📣 Find more Alpha by joining Your Crypto Community 🔰 LINKs BELOW 🔰
🔹 Over 5,000 members!
🔹 Real trades & wins explained
🔹 Trading ideas, crypto trends & alpha
Likes and follows appreciated! 🚀
🔹 Over 5,000 members!
🔹 Real trades & wins explained
🔹 Trading ideas, crypto trends & alpha
Likes and follows appreciated! 🚀
