HBAR loosing spirit?
Just to jut down my thoughts for later review. With little fundamental knowledge of HBAR the technicals look highly uncertain.
All of this occuring within a mini alt run.
How will the repeating price pattern that has happened since march affect this?
Is there a fixed institutional interest? the pattern is pretty cyclical. every 10-18days the price and volume go up, then it slowly bleeds out down to the same level.
Is someone accumulating and not willing to let HBAR fall or rise?
- A slightly descending triangle with little volume and weak momentum
- Projections indicate that 200MA will be catching up to 99MA and 50MA
- A negative Kumo cloud
All of this occuring within a mini alt run.
How will the repeating price pattern that has happened since march affect this?
Is there a fixed institutional interest? the pattern is pretty cyclical. every 10-18days the price and volume go up, then it slowly bleeds out down to the same level.
Is someone accumulating and not willing to let HBAR fall or rise?
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