HEDERA HBAR: Looks Like It Is Going to Dump Hard?
Based on what we have on the daily timeframe, the
HBARUSDT
has broken out of an uptrend, this is an indication that it will likely dump further.
The sellers are not done yet, they want to crash the price further.
Fundamentally, there is a coin unlock event in the next 35 hours from this moment.
This on-chain data has validated my bearish sentiment.
What are your thoughts about this analysis?
Let me know in the comment box.
Finally, if this analysis makes sense to you, kindly follow me now and support my idea.
Cheers!
HBARUSDT
has broken out of an uptrend, this is an indication that it will likely dump further. The sellers are not done yet, they want to crash the price further.
Fundamentally, there is a coin unlock event in the next 35 hours from this moment.
This on-chain data has validated my bearish sentiment.
What are your thoughts about this analysis?
Let me know in the comment box.
Finally, if this analysis makes sense to you, kindly follow me now and support my idea.
Cheers!
Trade active:
Let's see how far we can go with this...
Manage your risks.
Manage your risks.
Comment:
You may close the trade now as there is a possible reversal from here
Trade closed: target reached:
Made cool money on this analysis
Follow me for more.
Follow me for more.
And close half of your margin in profits, then allow the trade to run.