The Trust Layer for Market Analysts

The video is a technical analysis of Hedera (HBAR) with price predictions. It is the 15th of September. The analyst uses EMA ribbons. He notes HBAR has had a bearish ribbon flip bullish, which is rare. The price backtested for support, finding immaculate support in July. August wasn't as strong, but the price didn't give back much. The analyst zooms in on a weekly chart and says the ribbon went below, contracted, and is now in expansion phase. The weekly EMA shows HBAR dipped into the ribbon but closed above it on a weekly perspective every week. Closing above the ribbon is a good sign. The prior yellow EMA line provided support, the ribbon reacted and rose 10% as of last week. He forecasts growth for weeks, months, to the end of the year/cycle. The OGs in crypto are speaking about alt season, which is only just beginning now. Based on prior areas of resistance, he draws a horizontal line, noting it's finding support. The weekly chart looks good and very positively structured. The analysis moves into daily view with similar patterns as bitcoin, also pulls up the 3-day chart. There is a note that on the weekly timeframe, he expects HBAR to be around $1.21 by the end of October and between $1.80 and $3.15 before the bull market ends, noting it may take longer. He wraps up the analysis and gives a more granular target: $22.66 to $23.5 cents, also showing it with a golden ratio trend line. Before ending, he states as long as there is a 4 hour candlestick closes above 24.38 cents, the bull run is on and the targets should be expected.