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Hashgraph

HBAR / BTC - Repeating Pattern End of July UpdateOur repeating pattern on the daily is dragging out further than originally drawn, and as we all know - the longer we drag along while moving within a range (between the red and green boxes), the larger our eventual move becomes when the chart finally decides upon a direction. I post multiple ideas*** and latch on to the ones I feel progress best. This is one of those that has progressed really well, though dragging out further - I'm anticipating a strong decision when it does decide. ***See previous updates about this under Related Ideas by scrolling to the very bottom of this page, including the original post suggesting a repeating pattern back on May 17th.*** So, let's talk about how we got here, and where we may be going - first zooming in on the 4H chart, and then a few looks at the weekly now and in the past: 4H chart & impressions: At the end of the current pattern, following a diamond reversal, we see a head and shoulders. As shown on the 4H chart below, we broke below the neckline forming a bearish target of approx. 368 sats, but.. we failed to stay below the neckline. Now we've broken back above the neck and have so far managed to stay above it. If this continues, it becomes a failed head and shoulders and and we have instead a bullish target of approx 716-728 sats (or higher). 4H Chart: Weekly chart & impressions: Our current 4 weekly candles look a lot like the last 4 that ended in a bullish move that closed around 710 sats and wicked above 820-830 sats, our most recent and highest high. (see more on this with each screenshot below) Weekly Chart: That 4th weekly candle ended high, but it began low, wicking down to test the bottom of our green box prior to moving up to make our high (this is a replay of the beginning of that weekly candle, from around May 10th): Now we are seeing similar behavior from the current weekly candle, which began looking bearish and wicked down to the exact same area at the bottom of the green box: Conclusions: - One difference in the current pattern that appears to be repeating vs the previous smaller one, is that the smaller one wicked down to re-test the top of the triangle it originally broke out of, see green circles on main chart from this post. We haven't yet done that, which is why (despite being extremely bullish) I believe that it's still possible we move down to 386 sats. That said, we need to cross back below the neckline of the head and shoulders to get there. However, if this does occur, I think it makes the chart all the more bullish and more likely to break our ATH of 864 and get into price discovery. - Should the above not occur, we have an interim bullish target of ~716-728 sats. This is bullish, but also puts us in a danger zone with the potential to form a giant head and shoulders pattern on the daily & weekly charts. To avoid this, we need a weekly candle to close above 710 - preferably, break 800 sats and then 864. If we wick up to 716-728 on the weekly but fail to stay there and close closer to mid-to-low 600s, we start to see the possible head and shoulders (however, even that could fail and make us bullish again). - long-term bull: if we eventually break our ATH of 864 and then manage to cleanly get above 1000, I really like the area of 1350-1450 sats as stopping point while in price discovery. - long-term bear: if we break down to 368 and don't turn back up quickly as I expect, instead falling further, I see the possibility of a triple bottom forming on the weekly chart (for it to become more bearish than that, we'd need something like a market crash to occur).
H
by dudebruhwhoa
3
HBAR/USDT Holding Support LevelWith today's bloodbath in many cryptos, such as BTC and ETH, I was expecting HBAR to follow their lead and drop with them. However, HBAR has held steady, and did not drop below a key support line that I have previously identified. With the recent pickup in new accounts created, and with stronger network effects, I believe we could see an HBAR price well above $1 if the crypto bull market continues. Of course, HBAR could rise in price even if other cryptos stay depressed, but a more positive outlook on the entire crypto market will help HBAR a lot as well. Let me know what you think.
Long
by Amci99
HBAR/BTC Confirming my outlook?I originally posted an idea about HBAR/BTC possibly seeing all-time-highs in the near future. I said that I would be watching for the 0.00000575 level, and at the time of me posting my other idea it was in the 0.00000540 range. Currently, it stands at 0.00000550, with no signs of stopping. I am still watching for the 0.00000575 level for confirmation/entry, but I believe we are setting up for a beautiful upside with the current levels as support. What do you think?
Long
by Amci99
HBAR/BTC Breakout Coming?Hedera Hashgraph (HBAR) has massive potential against BTC in the coming days/week. Its ATH versus BTC is around 0.00000850 BTC for 1 HBAR. It currently stands at 0.00000540. However, based on a wedge that has been building up in this pair, we could soon see it around 0.00000600 HBAR/ BTC , with no upside limit after it breaks out of this channel. I cannot post images as my account is new :( I am watching to see if it breaks 0.00000575. Let me know what you think!
Long
by Amci99
HBAR About To Join The Alt Party!It's that time again for Hashgraph to start climbing the CMC ranks with a move to $0.69 If you are planning on grabbing more Hbars; doing so before Sunday night may not be a bad idea, as I expect price to move up in a big way next week. It has broken out on the daily and is currently consolidating along with building strength for a price explosion. Should be a fun week for you Hbarbarians out there. Remember this is only my formed analysis outlook. This is not an endorsement or recommendation to buy or sell.
BINANCE:HBARUSDLong
by CryptoDude79
3
HBAR / USD - The Parabolic RoadHedera Hashgraph has found itself in a logarithmic parallel channel after breaking out of a linear one recently (see previous idea linked below). Short of a market crash occurring (possibility does exist), I expect continuation of our bullish momentum, for quite some time. Above are a several potential paths I think it could take from here, including the bearish scenario that I think is less likely. Let's see what actually happens, and please share your thoughts and ideas as well. Thanks for reading and discussing! Mr. Dudebruh
BINANCE:HBARUSDLong
by dudebruhwhoa
3
Hbar Gearing Up For A Big MoveThis project has multiple Fortune 500 companies on it's board and they are likely to announce more council members announced soon. Hedera currently has the most transactions per day out of any crypto with a daily average of 3.5 million transactions. They are currently approaching a milestone of 500 million total network transactions. I believe this DLT is going to be huge this year and now looks to be a good time to get in. This is my first post on Tradingview so if you could give me a like it would be appreciated. Remember this is only my formed analysis outlook. Research the project for yourself, as this is not an endorsement or recommendation to buy or sell.
BITTREX:HBARUSDLong
by CryptoDude79
7
HBAR FIRST WEEKLY CLOSE ABOVE RESISTANCE!I'll cut straight to the point as this is a super exciting development for Hbar. You will notice the debut week in September 2019 it plummeted down to just 3.8 cents. Since then it has tried multiple times to go higher only to find rejection at the $0.054 level. Wicks have gotten above it but no body candle. Well, for the first time ever the weekly close that just happened minutes ago managed to close ABOVE (purple line) resistance! This is super bullish and I expect fireworks for upwards movement in price the next 2 weeks. The train is ready to leave the station to higher price levels. Remember this is only my formed analysis outlook. This is not an endorsement or recommendation to buy or sell.
BITTREX:HBARUSDLong
by CryptoDude79