Hedera Hashgraph ANALYSIS ,HBARUSD Update ๐๐
HEY traders, what's going on today ?!
Since Aug 6, 2021 , that I posted an analysis for ' Hedera Hashgraph ' after retesting prior resistance zone ,it has been declining till now and wasn't able to rise more . (more than 300%๐ฐ (1x)long).
So today I'm gonna have another analysis on the weekly timeframe for HBAR/usdt , so as you can see It is already trading over support zone and between (38.2 -23.6 ) of fibo Level and due to recent 'Hist divergence' that already has revealed , in first step , it can reach the pivot zone(yellow) then it may decline again . . but if it be able to breakout the descending trendline and overcome the pivot zone it can even retest the higher resistance zone or blue line (vwap ) . but otherwise if it loses the current support zone It'll likely fall to lower Demand zome .
โ๏ธ Good luck with your trading and investing and remember: Trade smartโฆOR JUST DONโT TRADE!
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๐This analysis is my personal opinion ,not a financial advice ,so do your own research.
๐if you're fan of my analyses please follow me , give a big thumbs ๐ OR drop a comment ๐ฏ
Since Aug 6, 2021 , that I posted an analysis for ' Hedera Hashgraph ' after retesting prior resistance zone ,it has been declining till now and wasn't able to rise more . (more than 300%๐ฐ (1x)long).
So today I'm gonna have another analysis on the weekly timeframe for HBAR/usdt , so as you can see It is already trading over support zone and between (38.2 -23.6 ) of fibo Level and due to recent 'Hist divergence' that already has revealed , in first step , it can reach the pivot zone(yellow) then it may decline again . . but if it be able to breakout the descending trendline and overcome the pivot zone it can even retest the higher resistance zone or blue line (vwap ) . but otherwise if it loses the current support zone It'll likely fall to lower Demand zome .
โ๏ธ Good luck with your trading and investing and remember: Trade smartโฆOR JUST DONโT TRADE!
--------------------------------------------------------------------------------------------------------------------
๐This analysis is my personal opinion ,not a financial advice ,so do your own research.
๐if you're fan of my analyses please follow me , give a big thumbs ๐ OR drop a comment ๐ฏ
