It appears that HBAR has bottomed out and just about completed a triple bottom pattern. It has also broken through it's trend line resistance and retested it and found support on it. In the next few days it should retest the top of the triple bottom and find support. After that there should be plenty of upside potential. The first target is $0.018. We'll see if it...
By taking use of an old trick, we can now pinpoint HBAR's main performing formation, as 'Descending Channel'. We do that by connecting 2-point axis lines at exact 'open' and 'close' coordinates to imitate continuous performance into the future (see below). This method can be traced back to the 18th century of Japanese rice trade, where the usage of candlesticks ...
As trading rules reverse psychology, Hedera Hashgraph must prove its utility to be valued at (least) current prices.
I see the token way overpriced at this moment, with the circulating supply against the total supply of HBAR @ 1,273%. HBAR can surely visit the area between $ 0,005 - 0,015. However, the prices may not fulfill if there will be an alt season...
Before we get into the technicals, let me say this right off the bat. There is not a single doubt in my mind that Hashgraph is the future of ALL crypto currencies. It will replace the old and problem-infested system that we know today as Blockchain by finally solving the "unsolvable" Byzantine General's Problem (ultimately solved by Dr. Neemon Baird ). It...
Opinion: consistent downtrend since launch.
Approaching price floor. Volume strengthening.
Up-leg must be accompanied by volume.
Expectation that macro crypto conditions will have minimal impact on HBAR price. Hedera generation 3 DLT underpinned by sound technology fundamentals.
