HBAR massively weekly falling wedge

23 במרץ 2022

HBAR has corrected from its high forming a falling wedge reversal pattern on the weekly chart with higher volume weekly candles forming as its come into a weekly demand zone. Price respecting higher high and higher low bullish structure on HTF and in the low of the leg. Id expect to see a reversal to form in the coming weeks and believe this is a bottom forming and waiting for a breakout to the upside out of the wedge. MADC on weekly showing signs of bullish momentum coming into the market as histogram and MAs converge. Another bullish looking alt coin I believe and may go for the highs on the next move