HBAR with a strong close and the .618 Fib

7 lug 2021

If we can stay above the .618 fib next candle body, I expect a strong bounce for HBAR over the next few months to break ATH. Buyers bought the dip up quickly creating a long wick before the last 2 week close. If we fail to hold the .618 I expect HBAR to fall to the .786 before we start the bounce. The fear and greed index has been in fear for a couple months. That tends to be where the market finds its bottom.