HBAR's breakout from the W pattern suggests a bullish reversal.
💎 Paradisers, #HBAR has successfully broken out of a W pattern, indicating a potential bullish reversal. If #HBARUSDT undergoes a retest of the broken resistance level, confirming the validity of the W pattern, it could provide us with targets towards the next resistant level, given the nature of this reversal pattern.
💎In the event of a pullback, we may anticipate a bounce from the Bullish OB, which often serves as a significant support level.
💎However, if the price breaks down below the bullish OB as well, it might be wise to exercise patience and wait for clearer price action to develop before considering any trading decisions.
💎In the event of a pullback, we may anticipate a bounce from the Bullish OB, which often serves as a significant support level.
💎However, if the price breaks down below the bullish OB as well, it might be wise to exercise patience and wait for clearer price action to develop before considering any trading decisions.
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