I haven't posted an update on
$HBAR in a while because I covered it in my last Youtube vid on alts and nothing has changed- we are still about 20% above the area of interest on the HBAR/BTC chart which is when I think the
$HBAR USD pairing will be ready for liftoff.
With that being said, we can see that on the USD pairing we are technically re-testing our HTF accumulation zone.
I am currently watching a potential lower TF range (in blue) and I think that before we see the next expansion phase we are likely to see those range lows again.
That level is currently about ~23% below where we are today and considering the HBAR/BTC pairing area of interest is also ~20% lower than we are today- it seems quite likely that this zone will be met at some point or another.
A 10%
$BTC pullback from our HTF supply zone (which we are still battling) would almost guarantee this zone is met imo.