Since I predicted the coming cup & handle pattern well before anyone else on Jan 2nd, HBAR has broken out of the cup's handle and ran for more than a 100% gain. The price peaked, dropped, and retested the rim-line; now it's going to make the biggest gain of the entire pattern. Buckle your seatbelts! Good luck, and always use a stop-loss!
Having observed sufficient weakness in the market today, we are ready to place a limit order for Hedera. We've decided to set our limit order at the 38.2% retracement level, primarily because we are already close to the level of Wave 1. However, it's essential to note, from a realistic standpoint, that theoretically, Wave 4 should not drop into the level of Wave...
HBAR has formed a Descending Broadening Wedge on all timeframes. The depicted is the daily showing price movement between two descending trendlines with volume confirmation at the top and bottom of the wedge as price nears the trendlines. The RSI on the daily is lower as the price is near the same where we entered the pattern suggesting hidden Bullish...
Hbar is consolidating inside of a macro range and has been for 3 weeks now. This is not a bad thing, it's good in fact. It was recently broken out of a major resistance area at 0.09 (give or take), which is major and now all price is doing is consolidating right above. Preparation for another leg up imo. Green is target, but expecting higher (point of...
The bears have pulled HBAR's price down so sharply over the last seven days that it has broken through our (now grayed out) target zone to the downside. We now see the coin continuing in the green wave (ii) correction. As part of this movement, the (new) green Target Zone between $0.0948 and $0.0752 should be approached. Long positions can be built up there, with...
It certainly looks as though hbar is already validating the breakout from this inverse head and shoulders pattern…however with price action this far above the 50 and 200mas at the time of its golden cross, there’s always a likelihood it may dump back down to the MAs at the time of the cross or shortly thereafter, even dipping back below the neckline temporarily to...
Adding another cryptocurrency to our portfolio, Hedera, or HBAR-USD. On the daily chart, following the last low at $0.0357, we've developed waves 1 and 2 and are now in wave 3. This wave is expected to reach between $0.14 and $0.27. The exact placement remains to be seen, but we'll definitely be looking for entries for our wave 4 afterward, planning to hold...
Impressive Jump: HBAR records a staggering 90% price increase in just five weeks. Fibonacci Alignment: Aiming for a breakout above $0.136, aligning with the 23.60% Fibonacci level. Extended Bull Run Potential: Following another bullish breakout, HBAR's uptrend might reach $0.20 and potentially $0.25. Market Recovery Contribution: As Bitcoin hits a new all-time...
Analysis of the market structure of accumulation of Hbar/USD with wyckoff accumulation pattern.
HBAR recently saw a failed breakdown its 4h falling wedge (dotted) and its daily falling wedge (solid). Since then it has risen back to wedge top, breaking wedge top on the 4h and now attempting to do so on the daily. We also saw the largest daily green volume bar ever printed on Coinbase when it moved back up into the wedge, though that is likely somewhat...
HBAR is breaking out of the daily bar chart's falling wedge after having already broken out of a weekly line chart's falling wedge, both here on the weekly candle chart. Initial targets are near top and bottom of weekly resistance. A move down could re-test wedge top, and this weekly candle needs to close above the wedge (already has daily closes but want to see...
This is a simple theory that COINBASE:HBARUSD can be divided into two parallel uptrends on the weekly: one that acts as support another that acts as resistance When it first broke out of parallel support, it made a 2.5x measured move up, and then dropped back down near the 1.5x measurement, forming what would become parallel resistance after making a...
It has passed over this threshold before and has also been rejected, this time based on the current market I am bullish!
Just being creative about what could form out of this current price action.
Market Cap $2,489,663,131 9.22% Fully Diluted Market Cap $15,067,834,183 9.22% Volume 24h $657,357,987 63.52% Volume / Market Cap 0.2634 Circulating Supply 8.26B HBAR 17% Max Supply 50,000,000,000 Total Supply 50,000,000,000 www.hedera.com Hedera long term strategy to go with the hype around this coin. I'm not one for fundamentals, as I feel all coins are...
Hbar looking bullish on daily, according to trend based FIB extension if 0.09 breaks next target should be 0.1688
Looks like the overall trend for me is clear. Up in some way. I am looking for a structure like this to form and to enter at confirmation points exiting at top level.
Non financial advice We are generating a triangle with the ATH trendline + the current rejection zone. If we beat that trend line in the next few days. If we break above that level, I think we could have some corrections between 0.16 , 0.30 and 0.45. If ATH is breached, perhaps a new ATH at 0.90 will be reached. In any case, anything around 0.80 will be a good...