HBAR breaks out 10.44% in the early hours.As I've posted previously, HBAR is in a massive cup & handle chart pattern on the daily chart, and this morning popped up a massive 10.44% in the early hours, but this is just the beginning of what I believe we are going to see over the next few weeks/months.
The gains in HBAR are going to be EPIC heading into summer, as crypto investors and trader's alike are going to realize just how undervalued HBAR is in the utility crypto sphere.
Good luck traders, and always use a stop.
HBARBTC
Things may be looking UP for HBAR!HBAR has formed a clear cup & handle formation, and is nearly completed the handle. All that's left at this point is for the price to breakout of the handle wedge.
I would be cautious with this particular play, and look for a bullish engulfing candle previous to the breakout candle, and run a tight stop until you breakout above the upper cup trend line. (White dashed line)
Good luck!
HBAR will DOUBLE in the next 6 to 8 weeks!HBAR has been forming a very clear cup & handle formation for the past 10 months (since February 2023), and is now starting to work on creating the handle. HBAR has nearly doubled since mid October and over the next six to eight weeks WILL DOUBLE AGAIN!
Pick your spots, pack your bags and buckle your seatbelts!
The journey to the moon first starts with an ignition!
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.
HBAR's best buying rangeWe are in a situation where we can think about buying HBAR.
An ascending CH is formed on the chart, and there is an order place below, which I marked with a green box.
If the price returns to this area, you can enter a buy/long position.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
HBAR is close to bottoming.I think we'll see HBAR bottom out at the bottom trend line of the descending wedge pattern around the .0445 level. After this we will ascend to the top trend line hitting it somewhere around mid to the end of December. If HBAR price can break the upper wedge then hold on tight!
Support range: 0.0441-0.0494Hello?
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(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.
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** 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.
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Examining HBARBTC Trend💎In the world of cryptocurrencies, #HBARBTC stands out as one of the coins that has managed to maintain a valid uptrend against Bitcoin. This distinction becomes evident when we observe the price consistently staying above the uptrend trendline. Currently, it's intriguing to see that the price is testing this trendline once again. This area holds the interest of buyers, although it's worth noting that it carries a degree of risk. Paradisers, always remember that patience and careful analysis are your allies in trading.
💎Adding to this, during the current month, we've witnessed a noteworthy development—a clean bounce off the 200 Simple Moving Average (SMA) on the daily chart. This moving average has effectively marked the 205 Satoshis level as a significant resistance point. While the temptation to buy may be strong, it's often wiser to await an upside breakout before taking action. At MCP, we will steadfastly monitor this prevailing resistance and exercise patience as we await a potential breakout.
💎In the event of a breakout, a new realm of opportunities emerges. We anticipate that, should such a breakout occur, #HBARBTC will set its sights on one of the double Fibonacci resistance levels, as clearly marked on the chart. However, in the mid-term, the coin is still navigating through a consolidation phase. The future holds the answer as to which direction this breakout will take us.
Cup n' HandleUnconfirmed cup n' handle pattern on the 1h chart for BINANCE:HBARBTC
What is confirmed?
- We have a cup
- We have a handle
- We broke above the handle and have held above it
- We've held above highs near the early formation of the left side of the cup
What's required to complete confirmation?
- Break and hold above the red line at 256 (252 was the highest close on the left side)
Target?
- 320 sats as an aggressive first target is displayed on the chart
- aggressive because it's measured from the cup shape and its wick lows rather than the candle close lows to cup top
- A more conservative target would be around 300, which may also act as a psychological resistance
My nice graphic got messed up when posting, so here it is again:
Notes:
- I also prefer to see it remain above 233, and it needs to get back above 246
- Links to related higher timeframe ideas for HBAR are linked below
- Cup top is the top of a current resistance area as seen on this other chart
Whether it can rise above 0.0731 is the keyHello?
Traders, welcome.
If you "Follow", you can always get new information quickly.
Please also click "Boost".
Have a good day.
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(HBARUSDT 1M Chart)
The question is whether it can rise above 0.0731.
(1W chart)
If price holds above 0.0731, it will enter a sharp volatility zone with few support and resistance zones.
Therefore, the key is whether it can receive support around 0.0613 and rise.
(1D chart)
Whatever the picture, the full-fledged rise is expected to begin when it rises above 0.1037.
Therefore, it is important to check the support around 0.0613-0.0731.
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** All descriptions are for reference only and do not guarantee profit or loss in investment.
** The trading volume indicator is displayed as a candle body based on 10EMA.
Display method (in order of boldest)
More than 3x 10EMA trading volume > 2.5x > 2.0x > 1.25x > trading volume below 10EMA
** Even if you know other people's know-how, it takes a considerable period of time to make it your own.
** This is a chart created with my know-how.
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216 Sats in ViewQuick mini update on HBAR / BTC pair:
Broke above a falling wedge on the daily, reached TP 1. Since then it has maintained above the little green support area drawn on the chart, and should be moving up to 216 sats or TP 2 next.
This lines up with the 200 day EMA after getting above the 50 day EMA/MA. 229 sats could also be reached if it hits the 200 day MA
HBAR Bottoming HereRSI trending up during the entire falling wedge, it bottomed as the wedge started, and then moved above 30 at its bottom. Wedge broke out, price fell back to weekly support near the same bottom.
So, we have bullish divergence b/w RSI and price, a bullish falling wedge that broke out but hasn't risen yet. Price fell back to weekly support a second time, potential double-bottom.
Finally, price is moving within its tightest range on the daily in its entire history.
Could we see a final strong drop before it moves up? Yes, but it looks good and ready to at least make a move into the first area of resistance, and back into the 200s.
I think a larger move is in store, however. Let's see.
See my other post on HBAR/USD in the related ideas below. I think HBAR wants to move back into the middle of weekly resistance vs. USD (around 21-31 cents)
Bad news for HBAR (1W)Hi, dear traders. how are you ? Today we have a viewpoint to SELL/SHORT the HBAR symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
HBAR Chartlots of folks interested in this, weird following this coin has for some reason i cant figure out. chart looks okay i guess seems to be trending lower, would accumulate sub yellow box below .04 if i wanted to take the 5x trade back to .20 which wont happen until the rest of crypto turns, there's potential here tho after gaining .07