HBAR into a rising channelThis is a promising project which certainly will do great things in the future, off course it's now suffering as every other altcoin. I see a bearish DIV even on the weekly but that's NORMAL in such patterns and usually it takes time to play out its effects. However if BTC will go down as I expect HBAR's price could break down the channel even during this leg down, even though those last that weekly candle about to close should be a reversal sign.
I'll try to post updates because once reversal will start HBAR will be a great pick to hold for the future. Be sure you check my updates.
Good luck
Hbar
SL369 crypto reading - HBARGeneral Notes:
- There will be a sense of urgency to always check the prices
- When the markets make new highs, it will come very fast and go very fast. Maybe last 4-5 weeks I think???
- Massive jump in markets. There are some highlighted coins:
- XLM, XRP, HBAR, DGB, ADA, STAR ATLAS, MATIC, SHIB, TERA
- HBAR – Going to have a great month
- DGB – will showcase why it has chosen to solve certain problems
- ADA – will have an extraordinary month
- MATIC – people will be surprised
- I like tracking what people say, maybe we re-create what they are saying on the charts??
Susan Hudd - Thank you for the reading, I always enjoy listening
SL369 - You are the BEST!
HBAR Wedge pattern with some juice?Hellow traders!
Here’s a quick idea with a few tips on entering the trade.
Listed on this chart are 3 different buying areas. The first is the bottom of the pattern entry. This entry area will give you the least amount of risk when pattern trading. If you’re looking for this entry, you will want to see price action bouncing off of the bottom of the pattern on its third swing to the bottom support trend of the pattern. Waiting for a closed candle and another bullish candle to appear in this area will grant you better win statistics purchasing here. This entry presents the best gain potential but, will most likely hinder your win rate.
The second entry point is the breakout area, to me this is one of the more risky plays as you can see here there were multiple wicks crossing out of the upper trend followed by a swift reversal in price action. The best play to take this entry is to wait for a decent time frame to close a candle outside of the pattern. 2hr at very least but, I like to look for a 4 hourly candle. This entry is the riskiest imo, due to the fake outs, the lessor of the 3 entries when it comes to profitability and larger risk compared to your reward.
The last area to enter is the retest area. This is arguably the best area to enter a trade. This one takes patience but, will pay off in the end as a few things happen when you wait for the retest. First, you will see the price breakout of the pattern which in this case is in a downtrend, making a higher high then giving you the first sign of a trend reversal, all you need next is a higher low. Which comes when you have the retest at the top of the pattern. When the price comes to retest you want to see bullishness within the candles structure, which confirms that other market participants may be in the same direction as your trade and has a higher likelihood of success.
Have a Green week and pray for all of those displaced in the dispute in Ukraine!
SAVVY
Potential very large bull-flag on HBAR/USDAlthough I am a crypto-sceptic, I am very bullish on HBAR because I believe it is the only real contender with any potential in the crypto marketplace and it is very likely to displace the majority of it's competitors and become the dominant crypto of the future.
I held HBAR from 1 cent to 30 cents until I liquidated anticipating a pullback and a 2nd entry opportunity.
The pullback did indeed occur, however, it's looking likely that we will not ultimately dip that far below 20 cents.
We can see that HBAR during the 2021 dip-and-rally formed strong MACD convergence during a downmove.
This time, we have an even stronger MACD convergence combined with what appears to be a bull-flag formation within a falling wedge.
Although I haven't done a proper count, I also suspect this may constitute wave 4 which means we could see a substantial Wave 5 move over the Spring + Summer.
The last time this occurred, HBAR pumped by about 260%.
I suspect a similar range could be on offer this time around.
HBAR is also in a Running FlatSimilar to Bitcoin, HBAR is completing a running flat correction, in an uptrend, and should be expected to revisit ATHs; with a good chance of making higher ATHs.
We need our monthly lows to continue closing above 19.5 cents to confirm, and we need the overall market to hold up (BTC continuing in a running flat correction as well).
A couple of positive confirmations we can see that this is the case, now:
1.) Wave B retraced more than 100% of Wave A
2.) Wave C retraced less than 100% of Wave B, and stopped exactly at the 100% trend-based fib extension
3.) The most common relationship between waves A & C is 1:1, on the monthly we are less than 2% shy of exactly 1:1 (very good)
For more confluence, see the links to related ideas below. HBAR's BTC and ETH pairs look very bullish, and BTC's running flat looks quite similar to this one.
HBAR Running out of Runway, Approaching Golden CrossHBAR / ETH pair doesn't have a whole lot of runway left on the weekly chart here, and we're approaching a golden cross of the daily 50/200 MAs.
A break above the triangle that reaches our 1.5x target would take us to the exact location of the 4.236 fib if this drags out nearly all of the way to the end of the triangle, around April or May.
Either way, it looks like HBAR wants to revisit its ATH, potentially higher vs. ETH. Keep an eye on this one.
HBAR wants a new ATH, but needs to break above daily MAsQuick chart, HBAR has an unconfirmed HSi reversal formation, and it's formed right at support (old resistance).
Get and stay above the daily 50/200 MAs and then 710-740 sats and our first target is higher than our highest daily close and our 1.5x target is higher than our ATH.
Related idea linked below.
Almost Time for HBARIt is very near time for HBAR to exit its Right-angled Ascending Wedge (also called: Right-angled Broadening Wedge). I'm expecting a bullish exit, though the opposite is possible. Everything points to the bull case here, we flipped resistance to support, and we've spent the last year above it, recently making higher lows. Now we have a potential inverted HS on the daily chart here, if confirmed, it would take us right to the top of our RAA wedge.
Our wedge exit target lines up with trend-based fibs, and our HSi target lines up with top of our wedge. We call that confluence.
Even the best charts can still fail, so be wary and be wary of what Bitcoin is doing, but in most circumstances with a chart like this one, we should be able to expect what it's telling us, and it's telling us that it wants to make a significant move up, and very soon.
Related ideas for the HBAR bull case are linked below, two comparisons to other similar bullish moves, and my first post about the RAA Wedge and its targets (weekly view, this is the daily view - but showing weekly trend and 2day trends for our wedge top).
Here's a candlestick view of the same chart, showing the trend-based fibs:
Here's a zoom-in on the potential HSi:
And another:
HBAR: almost ready?Hedera is forming a falling wedge for half a year now.
The breakout is nearing and each day.
Hedera team is also working more on marketing strategies, releasing new advertising campaign around the world, starting with Denver airport.
Recently ubisoft joined hbar's governing council, this gave some boost to hbar price increasing its value.
That move took hbar out of the downtrend and it's now retesting the flipped resistance.
The falling wedge is close to the breakout and all the good news (not only for hbar but also for the crypto world) are coming togheter. This will make a "blow up" effect which will take the price to a breakout.
Thx for reading.
Here for you, as always, CryptoSoap!
HBAR vs. LINKQuick comparison, HBAR and LINK / USD (BTC as well) charts share similarity. I brought this up a long time ago, early into HBAR's chart.
This similarity has continued to be true, and I think HBAR is due for another major leg up soon. There may be a bit more downside beforehand, but I don't think it will stand for much longer.
There was also some similarity shared with early LTC, and a new comparison yesterday with SOLANA and HBAR for their BTC pairings.
See links to original posts below under links to related ideas for the various comparisons at different times.
HBAR today vs. Solana Last AugustWeekly charts for both create a nearly identical pattern in a right-angled ascending wedge. Solana happened faster, HBAR is taking it's time.
What do we know about things taking their sweet time to move? The longer it drags on, the bigger the move.
Pattern similarities shared:
- both in right angled ascending wedges
- both made 3 pushes higher
- push 1 follows with a higher low than push 2
- push 2 follows with our lowest low
- push 3 is significantly higher than the rest
- push 3 correction is steep, drawn-out, but ending in a higher low than all the other pushes
Let's see if HBAR continues to share similarity here when it finally decides to exit the wedge.
HBARUSDT, It can make new LLHello everybody
One of the most popular and powerful project in crypto is hedera hashgraph, You must be asking yourself, Why ?? Because ...
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According to the chart and our previous serial analysis, after the price broke that trendline support zone area the price its be ready to fall down and make new LL and this scenario happend and after some pullback we were made new LL and now the kind of last cycle can be happend and what kind of root that we shown on chart can be happen and make new LL.
If you wanna entrance in position and make profit from this maybe drop price you should observe your capital and put your stop loss at the end of the higher shadow of HL a little upper and sit and only manage your position, because the trend do everything we wanna need . :D :D :D ;D
Good Luck
Abtin
Previous analysis :
HBARUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in the daily time frame. There is the S1 line which the price has hit several times and moved up. You see that the price has hit the S2 line 2 times and then moved up. There is the R1 line which the price hit several times and could not break it. The price has now broken it but is not stabilized yet. We expect the price to move up to the R2 zone from here. If it goes below the S1 line, it can go down to the S2 line. If it goes lower than that, we will update our analysis.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
HBAR looks primed and ready!I Feel like I am posting a lot of wedge formations at the mo but I presume that is because a lot of coins have been following btc. This chart setup looks lovely from my perspective! we have the higher low red trend line as major support and is being respected with some nice sharp rejections. also an enormous falling wedge formation which looks textbook with each trend line being respected with good rejections. The latest rejection on the upper trend line looks softer then the previous which is a good sign. A pullback now to 0.23 will be perfect for entry after confirmation before HBAR breaks out impulsively.
HBAR Breakout!!Hedera is looking very nice as talked about yesterday, we had a bullish breakout of our bullish triangle and another significant now support level at 0.254 cents (USD). Overall its looking like we could be in for a bit more of a run before cooling off for a healthy couple red days, keep in mind Bitcoin is the biggest factor aswell so we need to keep an eye on that for market direction. My thoughts are that we could possibly get up to the 0.2 FIB level before coming back down briefly but then again we could smash right through aswell. Heres why... the bollinger bands, our top band lays directly above our current price action we actually wicked too it today, but if we can get up and close ontop of this top band price action could get some big momentum. Most of the time when we see closes ontop of this top band price action goes for a significant run to the upside, the same applies with the downside. Now lets look at our wavetrend, this is where i start to feel like we could see this bullish wave coming to an end soon, but then again we still could have a long ways to go. We are just breaking through the midline and we are still pointing pretty vertical, we are seeing a slighyt tick down but we are still point up (good sign) the slight curl down makes me believe that the bullish steam is fading away. Now this will tell us more when we get here, but the white resistance line we got rejected at 2 times in a row, we are quickly approaching this level and if we can successfully breakthrough we are looking at a potential run to the top zone!! If we reject or start to curl heavier we could be coming down for brief downside. Now the MACD is looking decent, we are still seeing increasing green bars day after day but our current bar doesn't have much increase from yesterday, this could be a sign of momentum fading and the beginning of a decrease to come! Now i personally hope we see a little downside as i will be DCA more into this project as discussed yesterday! Not financial advice just my opinion!
HBAR Analysis1W/1D Charts
HBAR price action on weekly looks nice here, big impulse moves up and corrective moves back into demand zones.
Had a nice reaction off weekly demand zone forming another reversal candlestick formation with a pinbar close on prior weekly candle.
Again, MACD converging and showing some signs of strength with bullish divergence on the daily.
Come into a daily supply zone, expecting a reactionand pullback into the weekly demand zone again.