As you can see in Fig. A, HBAR has often printed some nice, recognisable diagonal patterns (in this case, A was a leading diagonal for a nice 5-count rally).
I believe we have another such diagonal forming now at Fig. B
It's clear that this is a slightly smaller pattern, suggesting a degree lower (I have labelled the first one as intermediate and the recent pattern as minor respectively).
If this is the case, I believe there is every reason to believe that we are about to see HBAR assert itself and embark on a Wave 3 extension - this means that the diagonal rally at B would be wave 1 and we should expect a further rally with wave 3 starting soon and running 1.618 at least of Wave 1 and Wave 5 probably being parity with Wave 1 for length.
Standard elliot wave estimation.
However, we should bear in mind that crypto often involves significant variance on these base estimates so, I'm expecting a really good pop in the near future.
Trade safe!
I believe we have another such diagonal forming now at Fig. B
It's clear that this is a slightly smaller pattern, suggesting a degree lower (I have labelled the first one as intermediate and the recent pattern as minor respectively).
If this is the case, I believe there is every reason to believe that we are about to see HBAR assert itself and embark on a Wave 3 extension - this means that the diagonal rally at B would be wave 1 and we should expect a further rally with wave 3 starting soon and running 1.618 at least of Wave 1 and Wave 5 probably being parity with Wave 1 for length.
Standard elliot wave estimation.
However, we should bear in mind that crypto often involves significant variance on these base estimates so, I'm expecting a really good pop in the near future.
Trade safe!
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Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.