Hello Friends.
There is a massive triangle pattern forming in HBAR. I am not able to determine the price target after break out. Please do not leverage long. Spot buying is only way to go. If you long futures the insiders benefit if price goes down therefore they start dumping. If you buy spot then insiders benefit by price going up. Hence the price moves up.
Note: If you want me to analyze any other tokens, please let me know in comments.
There is a massive triangle pattern forming in HBAR. I am not able to determine the price target after break out. Please do not leverage long. Spot buying is only way to go. If you long futures the insiders benefit if price goes down therefore they start dumping. If you buy spot then insiders benefit by price going up. Hence the price moves up.
Note: If you want me to analyze any other tokens, please let me know in comments.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.