Looks like a good breakout because of the bullflag. Breakout may be even more bullish, but I try to keep it realistic. Thoughts?
HBAR might be forming bull flag in an uptrend in a 4hour graph. ADX is also looking pretty good as well as RSI. It also might cross 20MA. There is also a long supp/res line that could make double-support. Is it gonna break up? I dunno. But it might. This is my first idea so if I did something wrong, feel free to comment it!
I think we will see a pullback to around 330 then we go 600
It's overbought on the RSI, and showing a bearish divergence on the daily MACD. I think it'll drop to 14.5 or 12.6 before making a beautiful run to test new highs in discovery, maybe finding resistance at 23.3 or 25.2.
Great rs flip here for hbar. .24 is looking like a great target zone for the short term. Good luck y’all!
Showing similarities between the two assets in their first full year of price development - HBAR / BTC vs LINK / BTC. The two charts can be lined up to look more similar, this comparison is one to one on timing of price over the first full year: - LINK / BTC launched September 19th, 2017, and from there showing price development over its first full year...
This triangle has formed over the past 6 days and is coming to the apex of the traingle. Can we confirm a breakout to the upside? If we break out of the upper trend line then I expect another 50-75% leg up over the coming week. This is invalidated if we bleed through the lower trend line.
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...
By my projections we hit around 12c by 25/01/2020. Based on us smashing out upwards of this ascending triangle.
HBAR has consolidated around the .05 mark for a few days now and is likely to see a nice push up here. Once we clear the orange triangle, I expect to see a pull back to confirm support and then a rather strong move up to .025 area. HBAR is becoming less and less affected by the BTC market so I expect support (around the .05 area) to hold even if BTC dumps to 29k...
we have a beautiful cup if the trigger line is broken HBAR go to moon
If we breakout, here are some quick and dirty trading ranges for HBAR / BTC pair. It's very possible we blow through a lot of these; without much chance to trade within them. Trade cautiously. Related ideas linked below.
HBAR has been in a long consolidation after the so-called Google pump. It has actually held up quite well over time. As we know, the longer these consolidation periods get drawn out, the more this increases the potential for larger moves. I believe we are forming a cup and handle, and have laid out conservative targets for the near term, but believe it could...
Corrective zig-zag wave about to be commence after todays surge - then we will embark on the next impulse wave up to just above 0.08c by mid next-week. This could take a bit longer than I expect and into next weekend however and I doubt will be entirely accurate but it'll follow a fairly similar pattern to this I assume. This is INVALIDATED if $BTC dumps and...
HBAR broke a year long down trend and is currrently trading in weekly resistance. A break and hold above this range could lead to a fun run up.... Still nothing confirmed, but I like the setup! Good luck y’all!
This is just my thoughts on the most bullish chart in crypto. HBAR will probably be listed on coinbase and many other major exchanges once they complete their Rosetta Integration. The token has been asleep for now and anything under .04 is a great long term accumulation in my opinion. The targets posted in the chart are conservative and only represent the first...
HBAR / BTC pair has been in a downtrend for a good while now without any significant corrections. It feels due for a correction soon. The USD pair here shows potential for an inverse head and shoulders pattern forming, and we could be at or near the bottom of the right shoulder. Volume is starting to rise as well. If it plays out as suggested on the chart idea...