🔥 HBAR Multi Year Head & Shoulders: Waiting For The BearsHBAR seems to have formed a bearish Head & Shoulders pattern over the last couple of years. There's no confirmation of the pattern yet, so wait for that before drawing any conclusions.
HBAR is arguably one of the weaker alts at the moment, so wouldn't be surprised if it breaks bearish at some point in the future; patience is key.
In case of a bearish break out, I'd be looking at the yellow areas for potential targets. Will come back to this trade once we see more bearish price action.
Hbar
Trade Alert - Take Profit HBARNew level spotted providing significant resistance and causing me to pause and adjust my final target. Taking the rest of my profits here. This level comes all the way from Nov. of last year, so, there will be significant resistance. And with many of the altcoins still showing bear flags, I am not going to push my luck.
Congrats, to those who followed me on this trade!
Stew
Trade Alert - Long Hedera HashgraphI know, I know. Very last post. The title of my video, “Now is not the time to be buying altcoins”. And I do stand by that statement for the most part. Because for the most part many of the larger cap alts (which is mainly what I trade in a bear market) do employ a variant of the PoS mechanism. And this is really what the SEC has been targeting at the moment, minus Ethereum for some unknown reason. Hedera is not a traditional blockchain and does not use either PoW or PoS. Hedera Hashgraph is a distributed ledger technology that aims to provide a secure, fast, and fair platform for decentralized applications. To accomplish this, Hedera Hashgraph employs a consensus algorithm called "hashgraph." This algorithm enables high transaction throughput by leveraging a directed acyclic graph (DAG) structure, where each transaction is represented as an event. These events are then asynchronously gossiped among network nodes, forming a shared history of all transactions. By utilizing a gossip protocol and virtual voting, hashgraph achieves consensus on the order and validity of transactions. Moreover, Hedera Hashgraph incorporates a governance model to ensure decentralization and fair decision-making. The technology offers potential benefits for applications requiring speed, security, and scalability, such as decentralized finance, supply chain management, and social networks.
Now, that I have touched a bit on the fundamentals in hopes of helping to justify my trade :-) let’s quickly look at the technicals.
Hedera has reached the end of a bullish descending wedge which also runs into some very solid support at .044. Should this break then, yes, we’ll probably drop down to that next level at .036. But odds are in our favor here that we go up instead. I’ll be shooting for that 200 day ma which, right now, sits at .058. My stop out will be right around .0415.
Let’s go!
Stew
$HBAR/USDT 8h (#Bybit) Bear flag breakdown and retestHedera Hashgraph lost 100EMA support and is pulling back to it, bearish continuation seems likely after.
⚡️⚡️ #HBAR/USDT ⚡️⚡️
Exchanges: Binance Futures, ByBit USDT
Signal Type: Regular (Short)
Leverage: Isolated (2.7X)
Amount: 5.1%
Current Price:
0.06247
Entry Zone:
0.06327 - 0.06769
Take-Profit Targets:
1) 0.05406
2) 0.04547
3) 0.03687
Stop Targets:
1) 0.07503
Published By: @Zblaba
$HBAR #HBARUSDT #Hedera #Hashgraph
📉 Falling Wedge Alert on $HBAR! Potential Reversal Opportunity?Hey traders! Check out the falling wedge pattern I identified on CRYPTOCAP:HBAR (Hedera Hashgraph). Is a bullish reversal in the cards? Let's analyze and explore potential profit-taking levels! 📊💡
Pattern: Falling Wedge 📉🔽
Symbol: CRYPTOCAP:HBAR 💰
Overview:
A falling wedge pattern on CRYPTOCAP:HBAR suggests a potential trend reversal from bearish to bullish. It forms when converging trendlines indicate decreasing volatility and selling pressure. Now, let's discuss potential profit-taking levels! ⚡💹
Key Features of the Falling Wedge on CRYPTOCAP:HBAR :
Converging Trendlines: Upper trendline connects lower highs, while lower trendline connects higher lows, indicating a potential shift in sentiment. 📈📉
Decreasing Volume: Observe declining trading volume as the pattern develops, implying diminishing selling pressure. 📉🔻📈
Breakout Expectations:
A bullish breakout from the falling wedge can be anticipated. Traders often await a decisive move above the upper trendline for confirmation. Exercise patience and confirm a clear breakout before executing trades. 🚀📈
Profit-Taking Levels:
Take Profit 1: Consider booking partial profits as CRYPTOCAP:HBAR breaks above the upper trendline and reaches the first significant resistance level around $.07. 🎯💰
Take Profit 2: If the bullish momentum continues, look for the next resistance level around $0.10 as a potential profit target. Adjust your position accordingly. 🎯💰
Risk Management:
Implement effective risk management techniques to protect your capital. Set appropriate stop-loss orders below the lower trendline to mitigate potential downside risk. Adapt your trading plan as market conditions evolve. ⚠️💼💡
Disclaimer: Trading cryptocurrencies carries risks. Conduct thorough analysis, seek professional advice, and take responsibility for your investment decisions.
#FallingWedge #HBAR #Cryptocurrency #TradingOpportunity #TechnicalAnalysis #ProfitTakingLevels #BullishReversal #TradingStrategy
In conclusion, the falling wedge pattern on CRYPTOCAP:HBAR indicates the potential for a bullish reversal. Monitor the breakout and adapt your strategy accordingly. Don't forget to implement proper risk management techniques. Good luck! 🚀📊
(Note: This post is for informational purposes only and should not be considered as financial advice.) 💡💼📚
HBAR Bottoming HereRSI trending up during the entire falling wedge, it bottomed as the wedge started, and then moved above 30 at its bottom. Wedge broke out, price fell back to weekly support near the same bottom.
So, we have bullish divergence b/w RSI and price, a bullish falling wedge that broke out but hasn't risen yet. Price fell back to weekly support a second time, potential double-bottom.
Finally, price is moving within its tightest range on the daily in its entire history.
Could we see a final strong drop before it moves up? Yes, but it looks good and ready to at least make a move into the first area of resistance, and back into the 200s.
I think a larger move is in store, however. Let's see.
See my other post on HBAR/USD in the related ideas below. I think HBAR wants to move back into the middle of weekly resistance vs. USD (around 21-31 cents)
🔥 HBAR Falling Wedge Reversal Signal: Patience!HBAR has been selling off for months now. In this process, it has formed a falling wedge, which is generally a bullish reversal pattern. The signal will be activated once the price has broken through the top resistance and closed above it. Patience!
A more risky bet would be to make an entry around the current area in anticipation of the break out.
Stop below the recent low, target at 2023 top. Risk-reward of >7 is very respectable for this trade.
Previous Pattern Targets vs. Possible Path Back to Top or BottomHBAR made two major wedge patterns that hit pattern targets with incredible accuracy.
First - a bullish wedge exit that led to a 3x measured move up and a final wick up that ultimately stopped approx. halfway between 3.5x and 4x.
Second - a bearish wedge exit that has so far reached a 2x measured move down from where it exited.
Let's see if it makes a 3rd wedge that, when exited in either direction, may revisit weekly top or hit all-time low on a 2x measured move in either scenario; potentially creating a double-top or a double-bottom at its completion.
Short Momentum Gains (LONG)I think it is good opportunity to enter HBAR long trade.
As this is leveraged position, I have low SL target in case it wouldn't go as expected.
HBAR Foundation unlocked some tokens www.investorsobserver.com
The next dump on retail should happen at september.
We had SEC sue binance and declaring some of the projects as securities + atomic wallet hack.
Unless any other hack will be revealed or FUD, we have good trading opportunity for HBAR.
Bad news for HBAR (1W)Hi, dear traders. how are you ? Today we have a viewpoint to SELL/SHORT the HBAR symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
HBAR Could Move into Weekly ResistanceHBAR could move into weekly resistance if it continues to hold the top of weekly support, if it crosses and remains above the yellow neckline shown on the chart above.
If it doesn't just move up from here, it may move back down towards its previous low at the brighter green / stronger area of weekly support. If it does that first instead, I would expect a stronger move up than shown here.
Keep an eye on DXY as it could affect things positively or negatively, long-term:
Also, pay attention to HBAR's bitcoin pairing, it is also at the top of weekly support and in between that and its weekly resistance. It had a long wick down into weekly support so it could drop more, depending on how it moves against Bitcoin and what Bitcoin does:
$HBAR final target $.30?CRYPTOCAP:HBAR looks poised for a move higher form here.
Once it breaks $.08, next targets are $.15, $.21, $.30. I do think it can potentially reach the $.21 and $.30 this cycle.
I'd expect the move to play out by July.
HBAR Chartlots of folks interested in this, weird following this coin has for some reason i cant figure out. chart looks okay i guess seems to be trending lower, would accumulate sub yellow box below .04 if i wanted to take the 5x trade back to .20 which wont happen until the rest of crypto turns, there's potential here tho after gaining .07
🔥 HBAR Falling Wedge: Break Out SoonHBAR has been trading inside this patern for the better part of April. Since falling wedges are classically bullish reversal patterns, we're expecting a bullish break out in the near future.
HBAR will break out either on the current move, or will retest the bottom support again. Wait for confirmation.
Targets in blue.
HBAR / BTC What If? :)Well, it would def be nice! Big, if true! :)
I actually posted something like this before, but the HSi's right shoulder is now parallel with the left one - that is, if... it stops here instead of making a double bottom or a 3rd bottom that is yet again lower.
Silly ideas sometimes work out, let's see.
Decision Time for HBARHBAR should be making a decision here soon. To reach targets it needs to cross the neckline above and hold above it (approx 9-10 cents). If successful, the next move should target somewhere in the middle of weekly resistance.
Alternative decisions:
- a move back down to weekly support or even back down to the stronger section of that around 3.7 - 4 cents
- drag out sideways (HBAR loves to do this)
✳️ Hedera Hashgraph vs Bitcoin | Long-Term Bullish, Easy 100%+Hedera Hashgraph has been growing long-term vs Bitcoin, we say this based on the fact that a low was hit December 2020 and higher lows have been printed since.
Prices peaked September 2021 and this marked the beginning of a long downtrend.
A higher low comes in May 2022 followed by another one December 2022... Now, in 2023 HBARBTC breaks the downtrend that started in Sept. '21.
Just this week the weekly candle is moving above this downtrend line while the RSI turns bullish and prices move above EMA10.
With the higher lows in place the potential is set for a higher high on the mid- to long-term.
Short-term a nice bullish wave can happen, easy 100%.
If case of a negation/rejection, the last low at 0.00000215 satoshis can be used as a stop-loss.
We use manual stop-loss, that is one or two full candles closing below the desired level.
We do this in order to avoid being taken out by liquidity/stop-loss hunt moves.
Namaste.
HEDERA HBAR price can growth +100%-300%Hedera's price is now in an interesting liquidity zone.
Previously, the HBARUSDT trading chart showed the following: whoever controls the liquidity zone of 0.055-0.065$ organizes a powerful impulse in the direction they are interested in.
Since it now looks like buyers are trying to keep the price at the liquidity zone retest and not let it go lower, it means that they are the ones who are "calling the tune". That is, the chance for an x2 move on the blue route looks quite promising.
However, it is worth remembering that at the same time, the BTCUSDT price is currently in a critical zone.
In the event of a breakout to the downside, altcoins will definitely repeat the movement of the BTC price, even if it is short-term. This is the white scenario for the HBAR price.
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