HBAR broke out as I predicted (on my twitter... sorry if I forgot to post it here) and it's testing that important resistance (white line). Judging by candles it will probably get rejected and try again. If it does get rejected I'd suggest to buy some between 0.36-0.38 in case you don't have any.
If instead the volume increases during the retracement wait a bit...
Every time this coin had a breakout and retested the previous resistance it has SKYROCKETED UPWARDS! This time is no different. Absolutely PERFECT SETUP. Now is the OPPORTUNITY OF A LIFETIME to make money!
The show is just at the beginning...
The larger pattern has continued to repeat the smaller one since suggested back in May this year -see "HBAR / BTC - Repeating Pattern Idea - Worst Case Bull Scenario" in the related links below for my original post.
We finally got our move up during the first half of the month, as suggested in the End of August update.
For the 2nd half of September we've been...
$HBAR is still trading above an ascending support zone, if price hold this support then is it possible to head up and break both resistance zones shown in chart and reach $0.6.
but a break down of the current support will drop the price to $0.22.
The two white lines you see are two strong R/S I identified in Q1 when I bought HBAR. After a great pump which finished on 15th of last september HBAR has just retraced and also re-entered that zone within the two white lines. To date it's been a month since it pumped and looking at the chart I see an asymmetrical triangle whose base is indeed one of those white...
There is a Trading Signal to Buy in HBARUSDT
Traders can open their Buy Trades NOW
Rank : ⭐️⭐️
⬆️Buy now or Buy on 0.360
⭕️SL: Close bellow 0.315
🔵TP1 @ 0.455
🔵TP2 @ 0.575
🔵TP3 @ 0.725
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HBAR is currently trading near the bullish dynamic support. This dynamic support has been holding strong since August, so chances are that HBAR will reverse from this area.
First target is placed at $0.38, a previous local high. Second target at $0.42, the previous local top.
Two days ago I made an analysis on HBAR. In this analysis I argued that HBAR had likely found its local bottom at the support area and was prone to bounce.
Only two days later, HBAR smashed through both resistance targets and saw a nice 30% increase in value.
Daily candle successfully closed below 0.6 fib level which together with 0.5 are statistically most often visited levels by crypto. I would wait for a confirmation that the price will hold the white trade line which is measured from the 20 july's reversal and then go long.
BTC is bullish right now, it is a good time for alts, i can see HBAR going for a new all...
Over the course of a month or so, HBAR seems to have found support in the area indicated on the chart.
Assuming that we're going to see a more bullish October, there's a decent chance that this area will be functioning as a major support throughout the month. Furthermore, keep an eye on the upward sloping trend line.
Two targets in this scenario. First target at...
Hbar trend analysis
HBAR is the native, energy-efficient cryptocurrency of the Hedera public network. Hbars are used to power decentralized applications and protect the network from malicious actors. Developers use hbars to pay for network services, such as transferring hbars, managing fungible and non-fungible tokens, and logging data.
Hedera - Here comes "The Dip"....
Good Value Area:
GREAT Value Area:
I've gone to the DARK side with my charts. Better for night time but better overall as well IMO. Just never took the time to figure it out till now, ha.
We'll see what HBAR does if it gets to the value areas and I'll throw a trade plan together and update. Worst case scenario is that...
Hey everyone! Ill have more analysis updates coming soon. I've just been a little busy.
"Unlike most other cryptocurrency platforms, Hedera Hashgraph isn’t built on top of a conventional blockchain. Instead, it introduces a completely novel type of distributed ledger technology known as a Hashgraph.
This technology allows it to improve upon many...