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HBAR time has come. Choo choo!This analysis is based on Elliott, fibonacci, pitchfork, and pattern of past bull runs. I am posting charts of smaller time frames below too for more detail. The algos tagged the golden zone (0.618-0.65 fibonacci) in log scale. Because of this, I do the target estimations in log scale. This results in an uber target estimation. I pattern the estimation based on previous 4-yr cycled bull runs. The white squares are based on timelines (month it occurred) of previous waves 3,4 and 5. For example, past bull runs ended wave 5 top November or December. Notice the yellow wave 2 off the bottom is very long in comparison to the yellow wave 1. This leads me to believe, that a major pump is in the works after such a long correction/accumulation. Take the estimate with a grain of salt, as still quite early to be projecting 2 years in advance.
Long
by gz1968
SHORT HBAR 4H AFTER PRICE BACK TO POI AREAHedera is the most used, sustainable, enterprise-grade public network for the decentralized economy that allows individuals and businesses to create powerful decentralized applications (DApps). It is designed to be a fairer, more efficient system that eliminates some of the limitations that older blockchain-based platforms face — such as slow performance and instability. It was funded through an initial coin offering (ICO) in August 2018 and first launched open access to its mainnet just over a year later in September 2019. As part of the ICO, investors were able to purchase the platform’s native utility token (HBAR) at the lowest possible pricing. The HBAR token has a dual role within the Hedera public network. First and foremost, HBAR the fuel that powers Hedera services, such as smart contracts, file storage and regular transactions. Second, it's used to help secure the network, since HBAR users can stake their tokens to assist with maintaining the integrity of the platform. Hedera (HBAR) is the native cryptocurrency of Hedera Hashgraph, a platform that is positioned as an alternative to traditional blockchain technology and aims to excel in speed, efficiency and security. Older blockchains tend to use a consensus mechanism like proof-of-work (PoW) to validate transactions, while younger blockchains opted for proof-of-stake (PoS). The Hedera Hashgraph system has a structure that was created from scratch particularly for the project. Hedera is based on a PoS model that is believed to increase the efficiency of transaction verification in the network, provide a high level of security, and protect the network from hacker attacks. Its ecosystem has the underlying hashgraph consensus algorithm and the global enterprise governing body. Hedera Hashgraph is a distributed ledger technology (DLT). According to the project website, Hedera differs from other blockchains because it uses a new consensus algorithm called hashgraph. It intends to process and execute transactions faster, eliminate delays, and smooth out the TPS (transactions per second) indicator. Hashgraph is claimed to be an upgrade in transaction speed, cost, and scalability. Core network services by Hedera: Consensus Service (HCS). With HCS, clients send messages to the network to negotiate consensus timestamping and order. In this case, the state is stored offline, and users can define privacy and access control. Hedera Token Service (HTS). Thanks to HTS, token creation and management are available to customers. It supports built-in tokenization. The goal of Hedera’s hashgraph is to increase the speed of transactions. Moreover, the network is also focused on high-volume operations: micropayments, data integrity and tokenization. Like the EVM, the Hedera network maintains a virtual machine that writes smart contracts in the Solidity programming language. On top of that, Hedera offers a set of built-in KYC and AML checks. From a technical point of view, Hedera is a form of distributed ledger technology. It is a hashgraph, or consensus algorithm, where users agree on the order in which transactions should be performed. However, Hedera is not exactly a blockchain. It has its own distinctiveness and works differently. With hashgraph, all transaction branches are merged, no block equivalent is thrown away, and each is used to reach consensus. One of the most noticeable features of the network is the Gossip-about-Gossip protocol. According to Dr. Leemon Baird, Hedera's inventor, within the system nodes randomly transmit data about themselves to other nodes via hashgraph using the Gossip protocol. Soon, all nodes in a cluster become familiar with each other. Then a certain data structure is formed. It consists of a payload of transactions, a timestamp, a digital signature, and hashes to the previous structures. HBAR is Hedera's native token that powers applications on the Hedera network. HBAR is utilized to pay for network services, transaction fees, in-app payments and micropayments. Developers can pay network fees with HBAR tokens, namely: work with smart contracts, file storage and currency exchange. HBAR is used to incentivize and pay network nodes. Hedera Hashgraph has a decentralized governance system that is set apart. All critical decisions about pricing policy, software updates, and wealth management are made by the Governing Council.
Short
by sungoku5
Eyeing the $12.5 TargetHBAR is currently encountering a pivotal resistance level, marking a critical juncture in its pricing trajectory. This level is identified as the primary resistance zone, indicative of a significant barrier in its upward movement. Market analysis suggests the potential for a pullback and subsequent correction phase as the price interacts with this resistance. Such a retracement is a common phenomenon in asset pricing behavior, reflecting a consolidation of gains and a reassessment of market value. Should HBAR successfully navigate this resistance and the accompanying market dynamics, there's a plausible scenario where it could advance towards a higher resistance target, specifically the $12.5 mark. This analysis is for guidance only and shouldn't be taken as direct trading advice.
by MonoCoinSignal
HBAR/USDT bullish horizons? 👀 🚀HBAR Today Analysis💎 Paradisers, let's take a closer look at #HBARUSDT as it's currently displaying a promising pattern. Positioned at a crucial support level, it is hinting at an impending bullish movement. 💎 Recently, #HederaHashgraph has seen a resistance level transform into support. Currently, it is maintaining strong momentum above the support level of $0.0772. Should it continue to demonstrate strength above this level, we might witness an upward trajectory, aiming to overcome the significant resistance at $0.1363. 💎 However, should #HBAR fail to sustain its momentum above the $0.0772 support, we could see a bullish recovery strategy coming into play, potentially from a lower support level at $0.0676. 💎 It's crucial to be prepared for all possibilities. If #HBAR breaks below the $0.0676 support level, it could signal a shift towards a downward trend. 🌴💰
Long
by MyCryptoParadise
HBAR/USDT Bulls Set Sights on Breakthrough? 👀 🚀 HBAR💎 Paradisers, an exciting opportunity is emerging with HBARUSDT. The asset is currently attempting to break through a significant supply level, suggesting a strong likelihood of a bullish trend upon a successful breakout. 💎HBAR has shown a pattern of ascending after breaking through supply levels. Recently, it has made a second attempt to surpass the supply level at 0.0641. If HBAR successfully breaches this level, we can anticipate a bullish trajectory towards a higher supply level. 💎 Notably, HederaHashgraph is maintaining robust momentum above the EMA100, which bolsters the bullish outlook. This scenario requires a nuanced understanding of the dynamics between probabilities and mathematics, offering investors a clear view of the potential risks and rewards. 💎 Alternatively, if HBAR fails to overcome the robust supply level, we might see a bullish continuation from the lower demand level at .0549. However, a break below this demand level could lead to a significant downward movement towards the next support level. 💎 This analysis underscores the importance of monitoring price action around these pivotal levels for strategic trading decisions.
Long
by MyCryptoParadise
4
HBAR: $0.1 SOOON ! Get ready for Breakout🌐 Hello Crypto Enthusiasts, Exciting developments are underway on the HBAR chart, and it's time for a closer look! HBAR has recently undergone a double retest of a crucial trendline that has been shaping its trajectory since 2020. The market is now in a consolidation phase, presenting an imminent opportunity for a breakout. Let's dive into the details of this chart setup. 📊🚀 Analyzing HBAR Chart: Setting the Stage for a Breakout Double Retest of Long-Term Trendline: Historical Significance: The trendline in question carries historical significance, originating from as far back as 2020. Double Touch: HBAR has recently achieved a noteworthy feat by retesting this trendline not once but twice, emphasizing its relevance. Range Trading Dynamics: Consolidation Phase: The current price action indicates that HBAR is in a consolidation or range-trading phase. Trendline as a Pivot: The lower trendline is acting as a pivotal support, putting pressure on the price and setting the stage for potential upward momentum. Anticipating the Breakout: Technical Indicators: The double retest and consolidation suggest an imminent breakout scenario. Volatility Awareness: Traders should be prepared for increased volatility as HBAR approaches a decisive point in its price action. Trading Strategy Considerations: Breakout Confirmation: Upper Resistance Break: A confirmed breakout above the upper resistance of the range would signal a bullish continuation. Volume Confirmation: Verify the breakout with increased trading volume for added confirmation. Risk Management: Protecting Capital: Traders are advised to implement robust risk management strategies, considering potential volatility. Stop-Loss Placement: Determine strategic stop-loss levels based on risk tolerance and technical analysis. Price Target: Initial Target: The first price target following a successful breakout could be set at 0.1, considering the historical context and technical analysis. Conclusion: As HBAR hovers on the cusp of a potential breakout, traders and investors alike should monitor the situation closely. The double retest of the long-term trendline and the current range trading dynamics make HBAR a coin to watch for potential price acceleration. ❗️Get my 3 crypto trading indicators for FREE! Link below🔑
by AlexWhale
2
Potential Trend ReversalIn the daily timeframe, HBAR experienced a significant growth of around 50% after performing well in recent weeks. Eventually, it encountered the area of daily supply and the descending trend line it had. These two areas merged, gaining more strength in this price zone, potentially driving the price downwards towards the demand area and its support level. If this range is invalidated, and the descending trend line we have is broken, HBAR could experience growth towards the price range of $0.08900. This analysis is for informational purposes only and should not be considered as financial advice.
by MonoCoinSignal
HBAR/USDT Break the descending pattern. Bullish Momentum ??💎 HBAR has undeniably garnered significant attention in the market. Currently, it has broken out of the descending channel pattern and is in the retesting phase at the resistance trendline of the descending channel. 💎 A bounce from this trendline is necessary to sustain the upward movement towards the next resistance area. If successful in breaking the resistance at $0.077, there is a potential for HBAR to continue its upward trajectory, reaching our target supply area. 💎 However, if HBAR fails to bounce from the resistance trendline or makes a false break, there is a possibility of retracement to the demand area at $0.0575. In such a scenario, HBAR needs to reclaim or break the pattern again; failure to do so could result in a breakdown below the demand, leading to a downward movement back to the strong demand area.
by MyCryptoParadise
3
Falling Wedge Targets Old Lows or HighsBINANCE:HBARBTC weekly bar chart has formed a falling wedge over the last couple of years, starting around September 2021 until now. Bullish Scenario A move to wedge top with a breakout would target the "Google Pump" era highs of March 2020, and with a potential secondary target at or above ATH. To see a bullish breakout, it needs to hold the 150-160 sats area and break 247. Breaking 247 would both confirm a double bottom and a wedge break out. Double bottom targets would send it on its way towards 395 and then 500 sats, which would be crucial to stay above to get the move back towards March 2020 highs, around 854-866. Bearish Scenario A move to wedge bottom would target pre "Google Pump" era lows of January 2020. Should the 150-160 sats area be lost, it'll likely see another touch at wedge bottom near 115-120 sats and Jan 2020 lows. If wedge bottom is lost we will likely revisit ATL and potentially make a new ATL. Short-term Bear, Long-term Bull Scenario If it gets the move back down to wedge bottom and the wedge holds up, those higher targets near ATH or higher become even more likely imho. There's also a possibility for a double bottom at or just below 91 sats if wedge bottom is lost but no stronger move below 91.
by dudebruhwhoa
HBAR/USDT Next Possible Move? HBAR Analysis Today💎Yello, Paradisers! take note of the promising setup with HBARUSDT as it positions itself for a potential leap beyond its current confines. 💎Hedera has been diligently testing the limits of a descending trendline, regularly challenging the supply level but not yet securing a breakthrough. The building momentum now hints at a ripe opportunity for HBAR to shatter the supply barrier and aim for the subsequent major supply zone. 💎If HBAR finds itself unable to break through the supply, we're looking at a likely bullish resurgence from the demand level at hand. This bullish sentiment is further supported by an RSI divergence, which suggests a bullish undercurrent. 💎Nevertheless, if HBAR dips below the demand level, we could see a shift towards a bearish trend heading to the support level. Keep a close eye on these pivotal levels as the situation develops.
Long
by MyCryptoParadise_Simon
2