Challenger nยฐ3 : $HBAR ๐
Project: @hedera
Following the previous analyses (23 Aug) I was totally right. -30% โ ๐ฅ
For the long term:
๐In my opnion the bear phase is not over, and we should see a retest of the 0.410 - 0.400$ support
Mid term & short term:
๐Local bottom forming, with an oversell zone on the daily.
H4 view is neutral but is showing good buy signal an potential breakout.
๐It's also possible to see a retest of the precedent trend . The retest is corresponding exactly to the 50% fib daily! (flat kijun) (see the charts)
For this bullish scenario, we must see a daily close above 0.04810$
A rejection and a new low is also possible...
๐ง๐ปMy point of view:
Retest of the 0.050 - 0.05100$ zone, then dump toward the 0.04100$ support.
Find the key resistances / supports in RED into my daily chart.
I will not risk a long position as long as we don't see a daily close above 0.510 ๐จ
