HBAR is having a correction after being rejected at $0.24 area. $0.20 area is a very strong support zone of HBAR and it can help HBAR rebound and move towards $0.26, $0.32 and $0.4 zones in late August and early September. But what if HBAR loses the $0.20 zone. then it will fall sharply to the area of $ 0.16

📈RED PLAN
🔴Buy : 0.195-0.205$. SL if B 🔴Buy : 0.254-0.266$ if A. SL if B
📉BLUE PLAN
🔴Sell : 0.254-0.266$. SL if A 🔴Sell : 0.312-0.328$. SL if A 🔴Sell : 0.39-0.41$. SL if A
🟣PURPLE PLAN
🔵Sell : 0.195-0.205$ if B. SL if A 🔵Buy : 0.156-0.164$. SL if B
❓Details
🕯Timeframe : 1 Day 📈Red Arrow : Main Direction as BUY & SELL section 📉Blue Arrow : Back-Up Direction as BACK-UP section 🟩Green zone : Support zone as BUY section 🟥Red zone : Resistance zone as SELL section 🅰️A : The Close price of candlestick is Above the zone 🅱️B : The Close price of candlestick is Below the zone

  • Hedera Hashgraph is distributed public ledger infrastructure. According to the team, it offers significant improvements over existing blockchains in five areas: performancesecuritygovernancestability, and regulatory compliance.
  • The project relies on Hashgraph, an asynchronous Byzantine Fault Tolerant (aBFT) algorithm, invented by CTO Dr. Leemon Baird, to achieve network consensus.
  • It features 10,000 TPS, transaction fee ~$0.0001, and a 3-5 second finality for confirmations.
  • The HBAR token is used for staking, as well as multiple services in the network.