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In our last HBAR analysis, we discussed how the price was leaving liquidity below and could climb after a solid liquidity sweep—and that's exactly what happened!
HBAR respected our liquidity analysis and dipped to grab a portion of the liquidity before reversing to the upside.
Now, as the price approaches an interesting demand zone, there might be an opportunity here.
Could be a good entry to try and touch the liquidity above.
If HBAR respects the demand and starts climbing, we could see a push toward the liquidity left above. If that liquidity remains intact, the chances of a breakout increase.
If demand fails, the price could continue lower to hunt for deeper liquidity pools before making a move.
One thing remains true - certainty doesn’t exist in trading. The market can shift unpredictably, so risk management is key.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research！
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
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