Hbar
HBAR/BTC Breakout Coming?Hedera Hashgraph (HBAR) has massive potential against BTC in the coming days/week. Its ATH versus BTC is around 0.00000850 BTC for 1 HBAR.
It currently stands at 0.00000540. However, based on a wedge that has been building up in this pair, we could soon see it around 0.00000600 HBAR/ BTC , with no upside limit after it breaks out of this channel. I cannot post images as my account is new :(
I am watching to see if it breaks 0.00000575.
Let me know what you think!
HBARUSD :: Don't buy Hedera Hashgraph... I'm stackin'! :DPresently taking another crack at closing over the 50D MA, has been in a solid consolidation zone for about 6 weeks. I got in in Jan, Feb & a bit in March. One of my top 3 holdings. Will it take off to re-test the recent high around .5, or stay in stack zone? Dunno, don't care! :)
HBAR BUY at structure BREAKOUTGood morning, Alkalites. Today we woke up with very good news! Ethereum broke above $3k, and the cryptocurrency market is slowly being filled with institutional billions.
Today we are adding to our long term portfolios Hedera Hashgraph (HBAR). As you can see, HBAR struggled to maintain its demand levels even when BTC was consistently uptrending. However, it finally rebounded following the current market bias.
As we stated in the past, this token can be considered as a good long-term opportunity because of its "Hashgraph" technology, although it can be affected by the low quantity in circulation. The HBAR team publishes monthly reports with the dates of the respective token unlocks.
BTC recovered its uptrend, so it boosted the capitalization of the entire market, and now we are able to catch purchases at a relatively good price.
We will try to find more entry points following the DCA strategy to avoid unnecessary risks.
Have a nice Monday, Alkalites!
Crypto In My BagALGO is my fav, but I'm heavy on CVC, HBAR & VET as well. Drew some lines on here. They'll change, bag composition will as well but my commitment to most of these jingle bags will not!
Dunno where my entries are, the only recent additions are 1INCH, AMPL, CRV, SOL & SUSHI. Will probably flip Sushi for something else soon and bag up on the rest.
Got out of ENJ a while back for a 2x but got back in during the recent consolidation. Might bag up on it, the Enjin games look the best of all the chain-games, imo.
The FUTURE of HBAR As you can see, HBAR has struggled to maintain its demand levels even when BTC was consistently uptrending.
Although this token can be considered as a good long-term opportunity because of its "Hasgraph" technology, it can be affected by the low quantity in circulation. The HBAR team publishes monthly reports with the dates of the respective token unlocks.
The massive gains it has made since its ICO in 2018, could produce big waves of sales in the mid-term until new investors determine its future value.
At this point, it is in a situation similar to the analysis we did of GRT. We could have two scenarios, if BTC recovers its uptrend, it could boost the capitalization of the entire market, and after the rush of possible sales, we could catch purchases at a good price. On the other hand, if BTC continues to fall and the major Altcoins continue their bull run in the coming weeks, HBAR could be left struggling with its price action.
This is not a recommendation for you to sell, or to place shorts, as we this token as revolutionary in a long-term approach.
Stay tuned in our socials! Check our Crypto Telegram!
Best wishes, Alkaline.
Hbar will surprise us soon in next 2 weeks ... last call✅ Buy: 0.34 - 0.35 ✅
🎯TARGETS:
1- $0.4360
2- $0.5060
3- $0.6000 (take profit for 70% - 80%)
4- $0.6800
💵 Trade Size: 5-7% of Portfolio
🚫Invalidation(SL): daily candle close below $0.28
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HBAR / USDT - $3 Possible by June 1stThis is just a quick hopium theory, but I do think it's actually a possibility:
If we are in a logarithmic parallel uptrend, the completion of this all-time W pattern has HBAR at 3 dollars by June 1st.
Several notable predictions have had targets of 3-5 dollars for HBAR for this bull run, but could it actually get there this soon?