Expecting at least $15-17 (1.5x measured target) if we cross $10
There have been two bull runs so far for HBAR, each forming higher levels of support above its previous lows. It appears to be consolidating above the area of the first run; similar to how it consolidated above its original lows before the 2nd run. Trend-based fib extension also has the chart consolidating above the 1.618 fib of what could be an expanded flat...
If SUKU has double bottomed here, we could see potential growth from the area of 9 cents up to 2.3 - 2.7 dollars by winter of this year or early 2023. Trend-based fibs, measured from opening day -> bottom -> first top give us a golden pocket in the exact same target area as conservative and more aggressive measured double bottom targets, for confluence. For...
This is the weekly chart. A while back I published an idea that HBAR could be completing and expanded flat correction. This is an update on that, using the weekly chart - which makes things more clear. Here's why: 1.) Trend-based fib - has us ending correction right at the 1.618 fib, which is exactly what should be expected in an expanded flat 2.) EW wave...
Simple HSi measured targets prediction. We previously saw a failed HSi on the daily and made stops just below our 1x and 1.5x TPs 1 and 2. Now, we see the same pattern again. On the chart are TP 1 and 2 / 1x and 1.5x measured targets for either, success or failure: failure condition: if we drop and close below the right shoulder success condition: if we rise...
Every time the DXY has peaked, SPX has hit a trough and vice versa, either near the exact same time, or within a period of months. I previously posted this same comparison as it relates to Bitcoin vs. DXY: And, if you zoom out and look at the 3 month DXY chart, we've broken out of a giant falling wedge, re-tested the top and continued up: If we are in...
Good time to long a near perfect expanded flat. Expanded flat C waves typically stop somewhere around the 1.236 or the 1.618 fib extension level, and: -- Volume is increasing. -- Log chart C wave stops directly on the 1.618 -- Linear chart stops at the center point in between those two at the 1.427 And, we did this before: May see a wick down to 17.8 or...
Quick chart here. Is HBAR / BTC in a parallel uptrend? We still need 3 touches at top and bottom to confirm this. If this is correct, we're at the bottom of the trend now and should see another trip to the top. Should we do that and stop at the top, expect to see a third trip to the bottom as well. MACD and RSI are also pointing to a reversal here, as...
Around June 19th, we broke out of a daily falling wedge (shown above), and again around end of July we broke out of a weekly falling wedge (not shown). Since then Hedera has started a pattern of consolidation within a very tight range, just above support, and below resistance. Measured wedge targets take us right at previous ATH (candle close), and a more...
Top chart is 3 month timeframe, falling wedge breakout, followed by a W pattern: - Falling wedge breakout -- 0.5x measured target @ 131, and 1x target above 160, and closely lines up with the top of the wick from our previous ATH. - A W pattern (or double bottom) has formed and broken out following the falling wedge breakout, it's 2x target is also 131. Bottom...
Broke out of two falling wedges. Measured targets for the smaller wedge line up closely with the first measured target for the larger wedge. Fib levels also show confluence with these levels. HBAR charts vs. USD and BTC pairs are linked below under Links to Related Ideas
Just a quick post here. What if we saw a repeat of a similar pattern to what was witnessed during the 1929 stock market rise and crash that led to an extended economic depression? If that were the case, we might see something unexpected here: - an epic rise when everyone is expecting a crash, now - an epic and extended market crash after having reached the...
HBAR broke out of a falling wedge on its weekly chart a couple of months ago. It has since held above weekly support, and well above the wedge. If there is another dip prior to continuation, I could see it test the top of the wedge, near the bottom of support. However, if we lose support and close below the top of the wedge, this idea becomes invalidated. ...
Trend-based fib appears to want to visit ~100 dollars before seeing major upside again. We also failed to get and stay over the 50 day EMA and bounced just off of the 1.0 fib. We also haven't yet seen a 5th wave down in our ABC correction yet. Lastly, we've seen increasing bearish volume and decreasing bullish volume. This idea would be invalidated should we...
Caveat - both negative and positive effects of presidencies tend to carry well beyond their terms, we tend to forget this when judging performance. Link to related idea below - measuring stock market growth per term.
Rising Wedges are typically bearish, but I've indicated potential 1x, 1.5x, and 2x targets for exiting both bottom or top. Should we do the opposite of what's usually expected and exit from the top: -- Note that the 2x target for exiting top lines up just above the 200 day EMA. If we see a corrective rally, stopping at or a bit above the 200 day EMA is quite...
We never quite made it to the 1.5x target from our double top back in Jan 2021. That's not to say it's still possible we see it and even reach the 2X target making new ATLs. However, I can see the possibility of a weaker low made near the top of the green support area, and that occurs and we turn back up from there, dominance may for a triple bottom (or an...
This idea is just for fun, so what if... -- we do reach or almost reach 100k, but not until after the next halving --we stop there, quickly head back down to around where we are now (24k) -- and then right back to at or near 100k again -- double-top then an extended downtrend until 2028 halving (we don't actually have a date for this yet, just speculating) ...