To predict the future, you need to look into the past. In the past, whenever we cross on the Stochastic RSI on the daily, we increase between 50% - 354%. Today, we had a bullish cross. We also stayed strong above the 20EMA meaning bullish momentum! Next targets before we have a slight dip are the fib targets of 1.618, 2.618, and 3.618 (Roughly between $0.56 - 0.88). After the slight dip, I can see HBAR hitting well over $3 in the near future!
I don't usually follow fundamentals (news and events), but this crypto has one of the best fundamentals I have ever seen in the crypto space. 1. Partners with many big players (such as Google , IBM , LG.. Look at their link to see hedera.com/) 2. Will be a part of the Consensus 2021 3. Has a working product 4. Very low market cap crypto. The lower the market cap, the higher the reward ;) 5. Also one of the altcoins that may be added to Coinbase: blog.coinbase.com/coinbase-continues-to-explore-support-for-new-digital-assets-37c9737546b0
I will start taking profits at $3 and working my way up. Let me know what you think.
"Markets are a device for transferring money from the impatient to the patient. - Warren Buffet
"Be fearful when others are greedy and greedy when others are fearful." - Warren Buffet.
If you are on Telegram, you should join the HBARtraders channel. The group would love to see your analysis.
mdlb
⋅
Beautiful, been following
Hbar_enthusiast
⋅
Wonderful analysis. I follow what you are doing. Solid !!
marksms3
⋅
great analysis 👍
optimus9686
⋅
Awesome!
Vonpitt
⋅
Hi there when are you expecting the move to take place? i actually entered the project in a long today and then found your post. Would appreciate your thoughts
KrzysztofMiskiewicz
⋅
thank you!
UnknownUnicorn3410945
⋅
Def. agreed both TA & fundamental analysis. Good one!