BigLava

HBAR TECHINCAL ANALYSIS

BigLava Updated   
BINANCE:HBARUSDT   Hedera Hashgraph / TetherUS
This chart is solely based on cyclical events.

Hbar is now back to critical accumulation levels from 2020.

RSI is extremely oversold on the weekly.

An early fed pivot could invalidate this analysis.

BTC halving: Apr 29, 2024
Comment:
Almost a year later:

Sitting on the sidelines with #HBAR for now, as its future seems uncertain. Opened a short, details here 👉
Potential spot entries at $0.03 or lower, depending on how things unfold. HBAR sounded great during the bull, kind of like 90% of projects. Only time will tell. Mainly looking to see if social communities are growing and active.
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.