HBAR shows a rising wedge pattern on a smaller timeframe.
Fails the pattern.
Massive sell volume.
This was just a quick paper trade and a test. In hindsight, if trading with real money it would probably be a smarter idea to take a longer position. But I am watching many coins at the moment and constantly testing new and tried and tested strategies in harmony!
Happy Trading.
T.
I Bet when I have finished typing it has fallen straight out of the box! LOL.
Always be patient and DCA.
But I Just noticed this and thought it would be useful to people to help recognise Bearish patterns like this and be able to take quick Profits.
RRR 1.5+
Fails the pattern.
Massive sell volume.
This was just a quick paper trade and a test. In hindsight, if trading with real money it would probably be a smarter idea to take a longer position. But I am watching many coins at the moment and constantly testing new and tried and tested strategies in harmony!
Happy Trading.
T.
I Bet when I have finished typing it has fallen straight out of the box! LOL.
Always be patient and DCA.
But I Just noticed this and thought it would be useful to people to help recognise Bearish patterns like this and be able to take quick Profits.
RRR 1.5+
I can see a bit of support but will leave this for testing purposes.
If I decide to extend the position I will Update and Explain.
Thank You.
T.