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 has been rangebound for 2 years. Nice action between top and bottom and has been consolidating nicely mid-range with low volatility.
Expectation is an imminent breakout of the range and a decent trip North. Target on the chart.
Note: This is guess work at best, not analysis and therefore should not be considered advice to buy.
80% Weekly bar closed above ATH & starting the monday with a retest of crossed level..
Volume doing HHs week after week while UCTS remains bullish across the board (~60% since latest 1D UCTS Buy signal)
If manages to hold/flip this area, then aiming toward ~1k sats
Hi followers, sorry for posting late, after the pair already reached 1st target.
BINANCE:HBARBTC formed recently beautiful kind of symmetrical triangle, which already broken to the upside with retest.
Great opportunity, 2nd part still in play, with trailing stop.
Don't forget to manage your risk! 👌
Good luck and trade with care 🙏
If you like my content - 👍...
With positive fundamental news coming to HBAR in the past few weeks and days (LSE as GC member, NFT support on Mainnet, and rumours about a Fortune 10 company...), HBAR could be setting up for a breakout against Bitcoin.
My thoughts is that if we take out the resistance level at .575, we could potentially test All-time-highs in the pair again. I will be watching...
Monthly chart here. We formed a very clear double-bottom, or W pattern, on our monthly chart.
After seeing an ATH of 864 sats during the "Google" pump of February 2020, last year - we consolidated and returned to bottom (a slightly lower bottom than the one we saw prior to the pump.
Following our double bottom, we rose sharply, not quite reaching our ATH @...
So HBAR has essentially been going sideways vs BTC for about 2 years now. When it launched it got a few big listings, but not that many and after that it only got listed on Huobi. So it currently has enough liquidity to have big pumps, but a few additions especially to Coinbase could send it flying higher. We've seen the effects listings have had recently to some...
HBAR is likely repeating the same pattern it did before we made the move above ~460 and tapped 800s.
- Back in May we experienced a diamond reversal after two daily candles closed at our last highest highs @ 776 and 791, both wicking into 800s. That reversal brought us back to our support area (green box) around the red target line.
- Next, after failing to...
Just to jut down my thoughts for later review. With little fundamental knowledge of HBAR the technicals look highly uncertain.
A slightly descending triangle with little volume and weak momentum
Projections indicate that 200MA will be catching up to 99MA and 50MA
A negative Kumo cloud
All of this occuring within a mini alt run.
How will the repeating...
Hello Traders, from the chart we can see HBARBTC is on a strong accumulation zone and we expect a bounce off the zone for good profits.
Further breakdown is on the chart with our projected take profit levels.