HBAR ready to make a new Higher High?Is #HBARUSDT ready to make a higher high?
Here’s how this trade could unfold:
When the daily candle closes above the resistance line at 0.0596, we will have an official higher high.
The first target (wave 1) is around the 200 EMA at 0.0729.
After a retest of the resistance line (wave 2), which will then become the support line, the next target (wave 3) is between the 1 and 1.6 Fibonacci levels at 0.0929 - 0.1115.
We may then see a retracement (wave 4) to the 0.382 Fibonacci level at 0.0994.
The final leg (wave 5) will push to a new high above the top of wave 3.
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Cheers and have fun.
° Be Patient – Don’t panic – Trade Emotionless.
° Never lose a winning trade.
