Hedera Hashgraph / TetherUS

🔥 HBAR Bullish Channel: Bearish Pressure

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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!

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