HBARBTCAlmost forgot about this cause in all honesty i thought it's a scam. Couple of months back they had a huge dilemma with regards to their token metrics which caused the price to tank.
been throwing 500 bucks at it which turned out to pay for my next mini vacation.
Let's see how long the google hype will last or until whales will dunmp on everybody. Moving stops as we go higher.
HBARBTC
HBAR Channel Cup Ross hooks Growth potential to resistance +65%The main trend is a downtrend. Downstream channel. The secondary trend is upward. A cup. Ross hook. Buyer Volume.
The upside to the first resistance is about + 65%.
A breakthrough of resistance and consolidation above it will mean a reversal of the main trend and exit from the downward channel.
Also do not forget that the price may fall to the bottom of the downward channel. Therefore, choose the correct entry point. Never rush to enter the market.
Ross hooks are a work in a local trend.
I described in more detail about working with these formations in this training - trading idea using the example of BTC / USD.
Note the example was shown at work online , and not on the old schedule. The example worked completely. Target + 22% taken.
TRAINING
Ross hooks on the example of BTC.When confirming the trend + 22%
HBAR/BTC longThis one looks really interesting.
As you can see in the chart, the coin has been in a prolonged downtrend against btc, until buyers stepped in forming a beautiful rounding bottom which could in my opinion morph into a cup and handle pattern.
The buyers pushed the price higher from the bottom, producing a high RSI level, which needs to get lower.
That's the reason why I am expecting this to retrace a little bit more before breaking the blue upper line.
Once we break that line, we would have a perfect cup and handle reversal chart pattern. This combined with the green volume is a good sign of a reversal.
Also notice how the price pushed higher as soon as the ema 8 moved above the 21 ema, that would have been a perfect entry point, but one rarely enters at the very bottom, that's why I am expecting to correct and afterwards break that blue line to enter long positions.
Check my other ideas if you like this one. My posts are clearly for educational purpose only, not a financial advice.
Hedera HashgraphHBARUSD is the one of the worst performing tokens, with ICO Price $0.12, Low at $0.0095 is at firts serious resistance, but still with limited growth potential.
Binance Pairs, HBARBTC, HBARUSDT,HBARBNB
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HBAR short term look easy 50%+ potentialAfter a long decline and accumulation as you can see downtrend was broken. After pullback to indicate support zone we can open long position.
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HBAR/BTC 1D (Binance) Broke-out of falling wedgeHedera Hashgraph is looking quite good for mid-term after this breakout and pullback.
The road to last triangle support (became resistance) is just starting, set-up:
Entry= 0.00000127 - 0.00000135
Take Profit= 0.00000163 - 0.00000195 - 0.0000259
Stop Loss= 0.00000099 or below
Risk/Reward Ratio= 1:1 - 1:2 - 1:4
HBAR/BTC | Descending Channel !!HBAR/BTC (Update)
Forming Lower Lows in DAILY Chart From Long time & Now Buying Volume is Increasing .
RSI & MACD Both Are Turing Bullish as well. Moving Below the Daily EMA10, If Broken it then Chances of Uptrend Will Increase.
Key Resistance/Breakout Zone : 237 Sats
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HBARBTC formed bullish Butterfly | Upto 47% bullish movePrice action of Hedera Hashgraph / Bitcoin has formed a bullish Butterfly and entered in potential reversal zone.
This PRZ area should be used as stop loss in case of complete candle stick closed below this area.
I have used Fibonacci sequence to set the targets:
Buy between: 0.00000269 to 0.00000238
Sell between: 0.00000293 to 0.00000351
Regards,
Atif Akbar (moon333)
HBAR / BTC Downlink formed. Step 40%. Pivot PointsAfter breaking through support, a downward channel looms in 40% increments.
Trading within the channel from trend lines that act as support / resistance.
Pivot points (zones) and targets on the chart.
A break of the channel and price fixing above the downtrend line (red) will mean a trend reversal. The coin is new, there was no pumping.
Stop loss
Under key support levels during your entry into the market.