Since breaking the long term corrective downtrend with a huge bullish impulse to new all time highs, price has mad a nice correction to retest the previous trendline resistance as new support in confluence with the 0.618 fib. Price is showing a deceleration and rejection to the downside we have a big double bottom forming on the daily. Looking for entry...
💎 HBARUSDT has formed a symmetrical triangle, and it has also formed a Bullish flag. After the breakout it might go lower to the Pullback zone and then It continues to go higher.
🏁 Short & Medium Term
💵 Invest Only 5% of your Portfolio
🎳 Entry at Market or at 0.3400
☕️ TP1 0.4000
🍺 TP2 0.4525
🍻 TP3 0.5555
🍾 TP4 ______
🍷 TP5 ______
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...
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.
$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.
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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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...
I believe the bottom for the beginning of this quarter. We can set our sights for a thanks giving price as cryptos usually perform well leading into this holiday. I have trend high between the high $1.XXs. Lets see, be patient
Keep In Mind ❗
🟣 Purple structure -> Higher Timeframe Structure.
🟢 Green structure -> Daily Structure.
⚫️ Grey structure -> 4h Structure.
🟡 Yellow structure -> <4h Structure.
Important : Please Use RM (Risk Management) and MM (Money Management) If You Decide To Use My Ideas, There Will Always Be Unprofitable Ideas, This Will Definitely Happen, The Goal Of The...
HBAR broke out above the downtrend as projected in my previous analysis, now the market is testing previous daily resistance as new support. We saw a break below the zone in a attempt to shakeout bulls and hunt high leverage stop losses of buyers. Now waiting for a break back above to confirm this move and we can look at entering on the retest of this zone.