HBAR / USD - Possible W formation on 4H Chart

New listing just announced @ Uphold, potential contract with NASA, a bullish W (a mini-double bottom) could be taking shape here. Completion of this W woud likely flip resistance back to support (green box/area).

This would be occurring at the end of a bull flag on BTC pairing daily chart:

BTC chart idea linked below, as well as an alternate theory for the bearish scenario.

Kommentera:

Updated the bottom right corner of the W, should've been even w/ the bottom, added a line to denote where double bottom should occur:

Order avbruten:

idea invalidated, crossed below bottom