A trader analyzes HBAR's 12-hour chart, noting an indecisive candle swinging between 14.1 and 13.5 cents. He's bullish long-term but wants a deep entry at 5 cents, a 60-70% drop, where he'd deploy serious capital despite most seeing that price as catastrophic.
Each of these candles is 12 hours of time. You have to remember that. And this represents what's happening over 12 hours of time. What you guys can see on this 12-hour candle, it doesn't even have a body. It doesn't even have a body. It's an upside-down cross. Okay, uh, we're not satanic over here, um, but that's an upside-down cross. What this means is HBAR cannot make up its mind, right? Within this 12 hours, we pushed all the way to 14.1 cents and we fell all the way to 13.5. HBAR cannot make up its mind right now. Uh, the, the box right here is our accumulation zone, but we will continue to watch this. So far it's following my line a little bit. Um, we do have to actually extend this out, right? It's not like the accumulation zone just stops. We will find the stop for this. I can't wait to see this, uh, with you guys on the channel, uh, finding the stop. Still bullish on HBAR. Um, I hope we— you know, there's two sides of me. Like, I hope we do get an entry at 5 cents. A lot of people would think that HBAR is gonna die if we go to 5 cents, just because that would be another— what is that, like, that would be another, like, that would be another, like, 60% maybe 67% down, right? Which we do not want to see. Um, however, I'm backing up the truck for that, which means I am putting a lot of money in at 5 cents. Um, yeah, okay, let's keep it moving.
