๐ #HBARUSDT Analysis โ Potential Reversal Underway
Published: April 23, 2025
Timeframe: 1D | Exchange: Binance
๐ Technical Overview:
HBAR has been in a prolonged downtrend within a falling wedge pattern โ a bullish reversal structure โ which seems to have broken to the upside recently.
๐ Pattern Detected:
โ Falling Wedge Breakout
This is typically a sign of trend exhaustion and early momentum shift.
๐ป Panic Level (Invalidation Zone):
๐ $0.15548 โ Breakdown below this key horizontal support will invalidate the current bullish setup and may trigger a deeper dump zone toward: โ ๏ธ $0.12147 โ High-risk capitulation area.
๐ฏ Trade Setup:
๐ฉ Entry Zone: $0.18172 (Current market price)
๐ฅ Stop Loss: $0.15548
๐ฆ Risk: ~12.95%
๐ฉ Take Profit Targets:
โข TP1: $0.27908 (+56.24%)
โข TP2: $0.39163 (Major Resistance - Full Target Zone)
๐ง Strategy Insight:
HBAR is reacting well from oversold levels, supported by wedge breakout and bullish momentum.
If BTC maintains stability, mid-cap alts like HBAR can rally sharply.
Favoring partial TP strategy to secure gains in a volatile market.
๐ฃ Whatโs next?
If we hold above $0.18 and flip $0.20 zone into support, we might start seeing higher highs formation. Key confirmation would come from reclaiming the $0.279 zone.
๐ฌ Are we back in the early accumulation phase? HBAR bulls need to hold this breakout. Watching for confirmation above $0.20.
Please keep in mind that this is not financial advice and the purpose of these charts is to provide an idea of coin movement, not buy or sell signals. The cryptocurrency market is highly volatile and not suitable for everyone, so be aware of the potential risks before making any investment decisions. The information presented here is a personal effort and is subject to success or failure, and we welcome constructive criticism.
Good luck to all.
๐we ask Allah reconcile and repay๐
Published: April 23, 2025
Timeframe: 1D | Exchange: Binance
๐ Technical Overview:
HBAR has been in a prolonged downtrend within a falling wedge pattern โ a bullish reversal structure โ which seems to have broken to the upside recently.
๐ Pattern Detected:
โ Falling Wedge Breakout
This is typically a sign of trend exhaustion and early momentum shift.
๐ป Panic Level (Invalidation Zone):
๐ $0.15548 โ Breakdown below this key horizontal support will invalidate the current bullish setup and may trigger a deeper dump zone toward: โ ๏ธ $0.12147 โ High-risk capitulation area.
๐ฏ Trade Setup:
๐ฉ Entry Zone: $0.18172 (Current market price)
๐ฅ Stop Loss: $0.15548
๐ฆ Risk: ~12.95%
๐ฉ Take Profit Targets:
โข TP1: $0.27908 (+56.24%)
โข TP2: $0.39163 (Major Resistance - Full Target Zone)
๐ง Strategy Insight:
HBAR is reacting well from oversold levels, supported by wedge breakout and bullish momentum.
If BTC maintains stability, mid-cap alts like HBAR can rally sharply.
Favoring partial TP strategy to secure gains in a volatile market.
๐ฃ Whatโs next?
If we hold above $0.18 and flip $0.20 zone into support, we might start seeing higher highs formation. Key confirmation would come from reclaiming the $0.279 zone.
๐ฌ Are we back in the early accumulation phase? HBAR bulls need to hold this breakout. Watching for confirmation above $0.20.
Please keep in mind that this is not financial advice and the purpose of these charts is to provide an idea of coin movement, not buy or sell signals. The cryptocurrency market is highly volatile and not suitable for everyone, so be aware of the potential risks before making any investment decisions. The information presented here is a personal effort and is subject to success or failure, and we welcome constructive criticism.
Good luck to all.
๐we ask Allah reconcile and repay๐
๐ Be a trader, not a gambler, by following risk/capital management!!
๐Get Your Discount Today! (Limited offer)
t.me/PCS_Signals_Results/6922
We ask Allah reconcile and repay โค๏ธ๐
๐Get Your Discount Today! (Limited offer)
t.me/PCS_Signals_Results/6922
We ask Allah reconcile and repay โค๏ธ๐
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
๐ Be a trader, not a gambler, by following risk/capital management!!
๐Get Your Discount Today! (Limited offer)
t.me/PCS_Signals_Results/6922
We ask Allah reconcile and repay โค๏ธ๐
๐Get Your Discount Today! (Limited offer)
t.me/PCS_Signals_Results/6922
We ask Allah reconcile and repay โค๏ธ๐
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.