HBARUSD Short-term buy opportunity

14 בספט׳ 2023

Hedera (HBARUSD) is having a 3-day 1D candle bullish streak for the first time since the August 15 High. Considering the completion of a Bullish Cross on the 1D MACD and the fact that the 0.04555 level (Support 1) held, we treat this as a similar buy signal with March 16.

That fractal rose up to the 0.5 Fibonacci retracement level. That is our short-term target (0.06050) towards the end of the month.

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