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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
HBARUSDT.PRecently, a list of cryptocurrencies that follow ISO 20022 has been revealed, showing how digital assets are becoming part of the global financial system. In the ever-changing world of financial communication, ISO 20022 stands out as a crucial standard that creates a common financial language and structure. Including cryptocurrencies in this standardized system is a big step towards making them globally accepted and compatible with traditional financial systems. This progress is reflected in the ISO 20022 crypto-list, which is a detailed inventory of digital assets that meet these strict standards. In response to this significant change, many cryptocurrencies have shown their compatibility with the ISO 20022 standard. This alignment not only brings these digital assets into the global financial arena but also positions them for potential growth once the standard is universally adopted. Hedera Hashgraph stands out with its Hashgraph consensus, providing a scalable, secure, and fair platform for decentralized applications. HBAR, its native token, plays a crucial role in transaction fees, network security, and consensus. BE CLEVER AND CHOOSE YOUR SIDE THEN TRADE THE ADVICE . If u want to have more our private idea text us. Short position 🔻 SELL HBAR 📌Entry: 0.05207 🚫 SL: 0.06519 ( -25.37% ) ✔️ TP: 0.01550 ( +70.19 % ) Long position 🔺 BUY HBAR 📌Entry: 0.05207 🚫 SL: 0.04535 ( -14.83% ) ✔️ TP: 0.107 ( +105.49 % )
by BanooCrypto
HBAR Creating same pattern?HBAR UPDATE: Actually, HBAR is the first amazing chart I will came across today since I have been trying to check the market…. As we can see clearly on HBAR daily TF chart…. HBAR is currently on its daily TF strong support and clearly HBAR is trying to repeat the same pattern that was repeated previously when double bottom was made on daily TF…. If HBAR get supported again we are going to see a good move from here to imbalance above on daily TF at 0.8288 Follow for more market update
by MICHELXM
HBAR/USDT In the Crucial ZONE. Need to Break or Downward ?💎 HBAR has undoubtedly garnered our attention. Currently, HBAR is facing a tough battle, unable to breach the local resistance and the resistance of the descending channel, resulting in a rejection from these levels. 💎 It's plausible that HBAR might undergo a correction, pulling back towards the nearby support to gather strength for another attempt at breaking through the resistance. Success in surpassing these barriers would signal a bullish momentum for HBAR, with the odds favoring a continued ascent towards the formidable supply zone. 💎 However, there's a precarious scenario on the horizon. Should HBAR fail to maintain its footing at the proximate support, it might embark on a downward journey to the significant demand zone. This area is critical for HBAR's trajectory, demanding a robust rebound to avert a deeper descent. If this support crumbles, it could spell further declines for HBAR, intensifying the bearish pressure.
by MyCryptoParadise_Nathan
11
Bull | Bear Daily TargetsQuick and simple chart showing shorter term targets for the HBAR daily chart, bull and bear, with support and resistance. I think there's a good chance at this point that we hit the area within the green box, likely on the dot on the top and bottom, prior to moving up. However, there's still a possibility that we reclaim the uptrend recently lost, after having made a double bottom at 4.65 cents. Should that occur, then we head up much sooner. Either way, when we head up, the resistance area will begin and end at the first two bull targets, or the bottom and top of the red box. It is crucial that HBAR get above ~11.6 cents to see a stronger move, and it will again begin to face resistance around 15-17 cents before getting a chance to move up near its old bull market highs. Just the same, it really needs to hold ~3.46 cents, or we could see a stronger move down below 3 cents.
COINBASE:HBARUSD
by dudebruhwhoa
🔥HBAR Triangle: Breakout Will Have a Tremendous Influence HBAR fell by -94% from it's highs as the most of altcoins. It has and additional advatage: someone's support it's price. It bounced by +150% and +80% while most altcoins just consolidating. The pressence of the buyers support gives me additional confidence that this altcoin will be a top gainer at the bull market. The closest targets are about +108% ($0.1) and +450% ($0.27). It's possible to reach the second target only in case of $40-46,000 per Bitcoin. like❤️ and follow Check the links and get a BONUS🎁 from me👇
by Alex_Dehtiarov
6
Support range: 0.0441-0.0494Hello? Hello traders! If you "Follow" us, you can always get new information quickly. Please also click “Boost”. Have a good day. ------------------------------------- (HBARUSDT chart) The key is whether the price can be maintained above 0.0341 and rise above 0.069. (1D chart) This chart has an ambiguous boundary between the bottom section and the top section. Accordingly, if the price rises above 0.069 and maintains the price, it is expected to rise without even knowing that it will rise. The key is whether it can receive support around 0.0441-0.0494 and rise above 0.0593. Accordingly, we need to check whether we can receive support in the 0.0525-0.0687 range. If it receives support and rises around 0.0441-0.0494 this time, it is expected that the trend will be successfully reversed. -------------------------------------------------- ------------------------------------------- ** All explanations are for reference only and do not guarantee profit or loss in investment. ** Trading volume is displayed as a candle body based on 10EMA. How to display (in order from darkest to darkest) More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA ** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own. ** This chart was created using my know-how. ---------------------------------
by readCrypto
1