๐ข $HBAR / $USDT | ๐ด SHORT | โญ 72.2%
๐ฏ Goal: $0.06728. Is it still falling?
๐ฏ Trading levels:
๐ข Entry: $0.06803
๐ Stop Loss: $0.06848
๐ TP1: $0.06728
๐ TP2: $0.06713
๐ TP3: $0.06683
๐ Analysis:
The structure of $HBAR shows a bearish alignment across all timeframes, with an ADX of 28.99, confirming a trend with enough strength to continue the impulse. The RSI at 36.09 (a momentum indicator marking oversold/overbought) and the bearish MACD crossover (a moving average that measures trend changes) validate the selling pressure after confirmation of the Triple Top pattern.
โ๏ธ Risk/Reward: 1:1.67
โฑ๏ธ Timeframe: 1H
๐ Technical confidence: 4/5
The thesis is invalidated if the Stop Loss is exceeded, invalidating the structure of lower highs. We will watch for the breakdown of the immediate support at $0.06716; breaking it with increased volume would confirm the move toward the stated targets.
Do you think the price has the strength to break through the main support in the short term?
๐ก This analysis is educational and not financial advice. Do your own research and decide calmly.
#crypto #HBAR #trading #Futures #MarketAnalysis
๐ฏ Goal: $0.06728. Is it still falling?
๐ฏ Trading levels:
๐ข Entry: $0.06803
๐ Stop Loss: $0.06848
๐ TP1: $0.06728
๐ TP2: $0.06713
๐ TP3: $0.06683
๐ Analysis:
The structure of $HBAR shows a bearish alignment across all timeframes, with an ADX of 28.99, confirming a trend with enough strength to continue the impulse. The RSI at 36.09 (a momentum indicator marking oversold/overbought) and the bearish MACD crossover (a moving average that measures trend changes) validate the selling pressure after confirmation of the Triple Top pattern.
โ๏ธ Risk/Reward: 1:1.67
โฑ๏ธ Timeframe: 1H
๐ Technical confidence: 4/5
The thesis is invalidated if the Stop Loss is exceeded, invalidating the structure of lower highs. We will watch for the breakdown of the immediate support at $0.06716; breaking it with increased volume would confirm the move toward the stated targets.
Do you think the price has the strength to break through the main support in the short term?
๐ก This analysis is educational and not financial advice. Do your own research and decide calmly.
#crypto #HBAR #trading #Futures #MarketAnalysis