FieryTrading

🔥 HBAR Massive Channel: Bounce Opportunity

BINANCE:HBARUSDT   Hedera Hashgraph / TetherUS
Since early November, HBAR has seen a very strong down trend. HBAR has been bleeding for 4 consecutive weeks.

However, the long-term view on HBAR is still bullish in my opinion because HBAR is still trading in a bullish channel.

Therefore I'm looking at the channel's support area (yellow) for a potential bounce, just in case we're going to drop further in the coming weeks.

Happy trading!

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