HBAR/USDT - Little spike in last 24hrs- Is it time?
HBAR- One to keep an eye on in the coming days.
If Hedera can hold support on previous resistance I believe we can ride it for excellent gains. (About 2 hrs until candle close- it's going to be tight!)
Solid project that has drifted into the background over the last few months but if a few things fall in it's favour in 2021 it will be one of those projects that you wish you were on early.
As the the long winded retrace meets lower support we could potentially see a huge bounce as it will bring buyers to the table.
I think the pump over the last 24 hrs or so has been induced by the news from the OCC which while in it's infancy could push drastic changes to certain projects.
MACD on both the daily and weekly looks primed. -The little spike yesterday does corrupt the data a bit as it was no doubt based on the OCC news so a few options moving forward-
Either we hold above resistance and kick forward immediately or get rejected and create another buy option before heading further North.
Personally bullish.
As always not financial advice - DYOR,
Just my thoughts and TA.
Feedback welcomed, I'd love to get some different perspectives.
Bingaz.
If Hedera can hold support on previous resistance I believe we can ride it for excellent gains. (About 2 hrs until candle close- it's going to be tight!)
Solid project that has drifted into the background over the last few months but if a few things fall in it's favour in 2021 it will be one of those projects that you wish you were on early.
As the the long winded retrace meets lower support we could potentially see a huge bounce as it will bring buyers to the table.
I think the pump over the last 24 hrs or so has been induced by the news from the OCC which while in it's infancy could push drastic changes to certain projects.
MACD on both the daily and weekly looks primed. -The little spike yesterday does corrupt the data a bit as it was no doubt based on the OCC news so a few options moving forward-
Either we hold above resistance and kick forward immediately or get rejected and create another buy option before heading further North.
Personally bullish.
As always not financial advice - DYOR,
Just my thoughts and TA.
Feedback welcomed, I'd love to get some different perspectives.
Bingaz.
Commento:
Further gains!
Always consider your own position regarding protecting profits.
Always consider your own position regarding protecting profits.
Happy Days!