Hedera

$HBAR Pull Back Started, What is the target?

451
HBAR doing extremely well, the R5 daily pivot point has been hit and a pull back should be expected before continuation!

It appears wave 3 is now complete and wav4 i expected to pull back to the 0.382 Fibonacci retracement which adds confluence to the High Volume Node in the same place at $0.22 our previous take profit #2 target.

Daily RSI is overbought but no bearish divergence yet! Price behaviour can often pop above the swing high just made to trap new buyers before dumping hard! Watch out for that, that would be the bearish divergence print also.

The next take profit is $0.39

Safe trading



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