🔥 HBAR Bullish Channel: Bearish Pressure

٢٥ يناير ٢٠٢٢

Bearish pressure is mounting for HBAR, which has been dropping since half October. Furthermore, there's much more downside risk for HBAR for the coming weeks.

HBAR is trading in a huge bullish channel, which exists for >2 years now. I'm looking at the yellow marked area for a potential entry. Be aware that we're only going to reach this area if we see more bearish price action in BTC and the overall stock markets.

Happy trading!