HBAR/USDT – (BUY) HBAR reached 0,1240 and keeps upside potential
Traduction faite par Deepl pro
Market & Ticker: Hedera Hashgraph – HBAR/USDT
Date: 18/11/2024
Horizon / Timing: Tactical Mid-term / 1 to 3 months
Scenario:
According the recent result in US election (trump), we do expect a larger HBAR adoption abroad pushing the Native Hedera token to next upside potential.
As long as 0.083 on a long run a larger move is expected to 0.20 before 0,30
Update : The first resistance at 0,1240 has been reached and support is adjusted from 0,06 to 0,083
Technical Key Elements:
- Auto similar move potential shows target at 0,30
- RSI indicator already confirmed the bullish momentum and keeps potential to the upside
- The Moving average are support
- Fibonacci key support is adjusted at 0,083 while the Elliot wave shows upside potential towards 0,20 and 0,30
Trade Idea conclusion: Buy
Target 2: 0,30
Target 1: 0,20
Tactical support: 0,0830 (Daily close)
Chart: Daily Basis (Candle Stick) - Logarithmic
Indicators: Exponential Moving Average (21/34/89) - RSI (21)
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