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...
There's a decent chance for a trend reversal occurring on HBAR / BTC pair right now: 1.) RSI is bottomed and turning upwards 2.) We've just barely broken above the triangle. 3.) Volume has been insanely low throughout the downtrend, any real volume coming in will pump this Need to stay above 201 sats to continue. Good luck!
Observation - There are 8 days left in the 192 day gann cycle where we expect major pivots to occur (measured from day after last highest peak), and we've broken resistance on all triangles. See linked charts for targets.
Pretty sure this is the team behind wolfram alpha doing the blockchain. Weekly chart turning up after really nice consolidation. Seems like a very good candidate to test the old highs in the next few weeks. "Undervalued" you might say. First target 800+ sats
1H HBAR is approaching the end of yet another symmetrical triangle. Targets listed above, watch out for fake outs (in either direction). Beware BTC and BTC Dominance.
Zooming in on the bull flag printed on our monthly chart shows a break of resistance and a re-test. Beware BTC and BTC Dom.
See comments on chart, see related ideas linked below. Thoughts, comments, feedback, criticisms, critiques - all welcome. Thanks for your support! Beware BTC and BTC Dominance, we are at a critical level.
Look familiar? Also the weekly chart displays the same pattern.
Liftoff possibly imminent, and imminent CB listing announcement rumors floating around (HBAR has been under consideration for CB Custody since April 2018, reiterated by them a couple weeks ago along with other coins). Beware of bitcoin, prepare for all scenarios. Weekly resistance is around 454 sats, Daily is much higher - most recent resistance was around...
$HBAR #HEDERA
Fib retracements added for targets comparison
HBAR/BTC LOOKING GOOD ABOVE THE ZONE, RECENTLY BROKEN THE TREND LINE RESISTANCE AND RETEST IT AND ALSO ABOVE THE ZONE ,SO LOOKING GOOD TO ENTER WITH GOOD RR. SUPPORT:430-437 TARGET:460-484-540 FOLLOW ME ON TWITTER FOR MORE ANALYSIS @ARISH5533 DROP A LIKE :)
Straight to the point guys, HBAR is looking bullish in coming days, WHY? 1. Weekly resistance was broken at 445, and once that was broken it became support and it is tested and has been rejected which indicates bullish move. 2. Also the accumulation zone between two trend lines has been broken and the new candle is formed above the upper trend line. The candle...
HBAR broke out of its long-term triangle after printing a bull flag, then it bounced off of triangle support and has now broke previous resistance at 454 sats. Now we are re-testing that area while printing a second bull flag - beautiful! Keep an eye on this to see if it breaks 500 again, I believe 100+ % gains are possible from here if we can break cleanly...
This is an exercise on the Wyckoff accumulation. To be noted that price may retest the lower level of the range (at 382) before moving up. To estimate the target, I used the counting Wyckoff method (not shown on the chart): .00000361 + (68 bars x 0.00000004 x 3) = .0000118 On the chart, I am showing a more conservative target at .00001 based on the Fibonacci...
Bull flag forming on 4H at resistance of symmetrical triangle on weekly. A break up could potentially see a significant move. Breakdown of this trend will also likely see a significant move downwards. Hope for the best, prepare for both scenarios. ** not financial advice, just a noob learning and having fun, please send feedback and critiques/criticism, I love...