HBAR Looks Primed for Another Downtrend Leg
As long as HBAR stays below the 0.0809 resistance, I believe it's primed for another leg down, and we may see a test of the 0.0653 support level.
10-bar trend remains bearish
MAs are in downtrend territory
Last candle shows a bullish reversal but the trend is still bearish
A daily close above 0.0809 invalidates this short setup.
Do you think HBAR will break below the 0.0653 support level?
#MarketAnalysis #CryptoInsights
As long as HBAR stays below the 0.0809 resistance, I believe it's primed for another leg down, and we may see a test of the 0.0653 support level.
10-bar trend remains bearish
MAs are in downtrend territory
Last candle shows a bullish reversal but the trend is still bearish
A daily close above 0.0809 invalidates this short setup.
Do you think HBAR will break below the 0.0653 support level?
#MarketAnalysis #CryptoInsights