Just to jut down my thoughts for later review. With little fundamental knowledge of HBAR the technicals look highly uncertain.
How will the repeating price pattern that has happened since march affect this?
Is there a fixed institutional interest? the pattern is pretty cyclical. every 10-18days the price and volume go up, then it slowly bleeds out down to the same level.
Is someone accumulating and not willing to let HBAR fall or rise?
- A slightly descending triangle with little volume and weak momentum
- Projections indicate that 200MA will be catching up to 99MA and 50MA
- A negative Kumo cloud
How will the repeating price pattern that has happened since march affect this?
Is there a fixed institutional interest? the pattern is pretty cyclical. every 10-18days the price and volume go up, then it slowly bleeds out down to the same level.
Is someone accumulating and not willing to let HBAR fall or rise?