HBAR BUY/LONG 0.28 to potentially 0.515 By Mid July 2021TICKER CODE: HBARUSD
Company Name: Hedera Hashgraph
Industry: Cryptocurrency | Blockchain
Position Proposed: BUY
Technical Analysis
1. Large Flag Pattern (Forming)
2. Fibonacci Retracement reached to 0.786
3. Fibonacci Expansion 1st Partial Safe Take Profit Level 1 (Grey Zone) at the length of Flagpole Price Range
Buy Entry: NOW READY (0.28-0.35)
1st Partial Take Profit: 0.515 (End June - Mid July 2021)
2nd Partial Take Profit: 0.705 (August-September 2021)
Stop Loss: 0.15
Hbar
HBAR/USDT Holding StrongWith today's firesale in most cryptos, HBAR definitely got its own beating. It went as low as 0.16~0.17 versus USDT, which was definitely a good entry point.
However, it was quickly rebought and is now holding my support level strong. This is on a log shart, with exponential bollinger bands.
HBAR / BTC - May test ATH soon @ 864 satsBroke out of bull flag and have formed a symetrical triangle / bull pennant after the 67% rally that occured w/in hours a few days ago.
A bullish break out of the symetrical triangle has a strong target right at 864 sats, our current all-time-high vs BTC, here's what it looks like zoomed in on the 1H chart:
Should we break and stay above that, a conservative target is the yellow dotted line in the mid-900s, but considering the larger structure of HBAR as shown on the daily chart, a more likely target puts us above 1100 sats.
There is potential we repeat a pattern from our previous run up & bull flag break, for that I posted an alternative scenario, linked below. If we drag out and do this instead, mid 900s to 1100 sats become conservative targets and we have the potential to go much higher.
HBAR - LONG ENTRIEStry to accumate in all buying positions
buying 1 - 22% buying
buying 2 - 33% buying
buying 3 - 44% buying
If it doesn't reach at buying position 3 or 2 don't worry, enjoy the profit from 22% or from 33% buying
(If the market comes down more this technique will help to average out and gain profit in every situation)
Remember - NO greed by putting whole fund, enjoy small profits and strategic investing.
HBAR/BTC Looking Really Bullish Super bullish on the HBAR/BTC pair in the coming weeks/months. This may take a while, most likely it will not be a 100% pump type of move. It looks like HBAR is now in an upward trend versus BTC, and I think this outperformance in terms of USD will continue for a while.
HBAR Bullish Cross-over, Support Formed, Ready for Launch...What's up everyone, So Hedera Hashgraph has recently made a bullish signal.
One bullish signal is that we have a bullish cross-over of our EMA's on the 4hr.
Next, HBAR climbed to .40 before falling back down to bounce off it's initial break-out line, forming support.
The SELL BOX's illustrated by the two red boxes on the chart, are only potential places I plan to take profit at this time:
SELL BOX 1: .51-.53
SELL BOX 2: .70-.72
Again, these are only temporary profit taking points right now and are subject to change as we see the market play out a little more...
Note: for best and safest practice, wait for an hour candle close above .34 (Dashed red line), before entry. :)
HBAR BUY/LONG 0.18 to 0.92++ By end 2021TICKER CODE: HBARUSD
Company Name: Hedera Hashgraph, LLC
Industry: Crypto Currency | Blockchain
Position Proposed: BUY
Technical Analysis
1. Large Flag Pattern (Breakout Incoming)
2. Fibonacci Retracement at 0.618 (Golden Zone)
3. 1st Take Profit will be at Fibonacci Expansion Safe Take Profit and Flagpole Length
Entry: NOW READY (0.18 - 0.30)
1st Partial Take Profit: 0.63 (June - August 2021)
2nd Take Profit: 0.92 (October - December 2021)
Please note that the Market could fall to 0.18 but it's currently sitting on a pivot point of a new potential support level hence more likely to launch up!
HBAR looks bullishI think HBAR chart formed a double bottom where I've put the yellow line, from there it started pumping ad the momentum is still bullish as the bullish DIV show on RSI and especially on MFI where DIV is super steep.
BB have a great contraction on 4h, 1h and also 15min. At the same timeframes TMA show as price broke out the upper bands, an evend which usually leads to a price drop inside the TMA unless the bullish strenght is so powerful to create a pump.
At 4h VLPR show that in the last 3d control line is at 0.2668 but a lot of transactions (especially buys) happened at 0.3359$ which is good because means people is buying and pushing the price higher. However in the last 2h volume lowered and this might not be enough to sustain the pump but I think it'll create a R/S zone so eventually we'll get there again. Price is getting out of the ichimoku cloud (at daily) but I think it won't because I expect a little retracement before HBAR starts pumping again.
My advice: set buy (30% of the money) at 0.3367 because looks like a small R/S, then see where the price goes. If it goes down try to buy more stuff between 0.31 and 0.30. If it goes up buy more unless chart looks at the top.
The big white line on the bottom is your stop loss!
HBAR / BTC An uptrend. Local channel Potential pumpingA secondary uptrend is developing. At the moment, after the second pumping, a pullback is in the trend.
Which formed the descending channel. The price dropped almost to the uptrend line.
Potential reversal zone. Enter on a breakout / pullback after the breakout of the downward resistance line of the local channel.
Please note that in a trend, as the price rises, the percentage of pumping in% decreases, which is logical.
My past work on this trading instrument.
Updates work for observation 17 11 2020. Downtrend.
Entering in cases of breakout, rollback after the breakdown of the trend line.
+ 213% from the breakout of the downtrend secondary trend line. An ascending flag is forming.
+ 155% from the breakthrough of the resistance of the local descending channel (flag canvas).