HBARBTC
Hedera Hashgraph (HBAR) - July 4Hello?
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(HBARUSD 1W Chart)
If the price holds above the 0.08464062 point, we expect the uptrend to continue.
(1D chart)
If it rises to the 0.20581091-0.27105746 section, it is expected to turn into an uptrend.
If it goes down, you should check to see if it finds support at the 0.16519911 point.
If it falls in the range of 0.10794109-0.14056436, there is a possibility of entering the mid- to long-term investment area, so careful trading is required.
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(HBARBTC 1W chart)
If the price is maintained above the 864 Satoshi point, it is expected to create a new wave.
If the price is maintained above the 320 Satoshi-398 Satoshi range, it is expected to maintain an upward trend.
(1D chart)
If the 514 Satoshi-566 Satoshi section is supported and rises, it is expected to maintain the uptrend.
If it falls from the 514 Satoshi point, Stop Loss is required to preserve profit and loss.
However, in the 320 Satoshi-398 Satoshi section, it is supported and can rise, so countermeasures are required.
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We recommend that you trade with your average unit price.
This is because, if the price is below your average unit price, whether it is in an uptrend or in a downtrend, there is a high possibility that you will not be able to get a big profit due to the psychological burden.
The center of all trading starts with the average unit price at which you start trading.
If you ignore this, you may be trading in the wrong direction.
Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to regenerate themselves.
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** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** See support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
Explanation of abbreviations displayed in the chart
R: A point or section of resistance that requires a response to preserve profits.
S-L: Stop Loss point or section
S: A point or section where you can buy to make a profit as a support point or section.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they are not traded 24 hours a day.
G1 : Closing price when closed
G2: Opening price
(Example) Gap (G1-G2)
HBAR / BTC - Repeating Pattern UpdateQuick update, the repeating pattern idea posted a while back continues to be the most accurate of my forecasts for HBAR / BTC. We bounced off of the green support area, as well as the top of the bull flag we broke out of. This was the same behavior we saw prior to our previous big move up.
The longer we drag out here, whether through June, July, or longer, the larger the potential becomes for our eventual move up against bitcoin. Alternatively, the more immediately we move, the lower the high will be as opposed to dragging out for weeks/months (see TP 1 and 2 for a more immediate move, for a dragged out move - we could see 1400 to even 3.5k sats or higher).
Expecting that we range for some time between the green support and red resistance areas for some time, potentially with a few wicks that could take us to or near 700-860s sats or as low as the bottom of our green support area (potentially touching the top of the flag again if lower). Eventually we should break our recent high and/or 864 (weekly all-time high), re-test and then take off into price exploration.
Original chart linked below and here:
HBAR / BTC - Potential New Parallel UptrendHedera Hashgraph may be forming a new parallel uptrend on its way to test and/or break the ATH from 2020. This idea is in line with the Repeating Pattern idea, linked below.
We may follow a path something like what's shown within the inner and outer channels here. MACD for confluence that we might be at or near the bottom of the channel.
A break below the channel or below the red box from the Repeating Pattern chart (below) could invalidate both:
Hbar update 002…I am aware about my writing skills but I prioritise here information rather than oratory..
... current south movement is nothing else like correlation of the coin with rest of the market. While all the other ones are losing vs BTC for some reason Hbar is defending 500. I'm looking at correlation with ADA NANO and WAVES. All three of them are depreciate vs BTC much faster than the Hbar do which could bring the value lower. The market cap of Hedera now I am writing is 1.47 bln. I suspect for price of BTC to be slashed by another 50% and hopefully the Hbar vs BTC will drop to 250(the rectangle on the bottom of the chart possible demand area). If somehow this scenario will be fulfilled the market cap should be 4 times lower which gives a lot of space for further grow and possible solid profit. There are loads of talk about Hashgraph I think I saw somewhere that it reached 2bln transactions and it is involved in creating the digital fiat currency/ies.
...I am not sure if I mentioned it before if so, I would repeat myself. Currently cybersecurity is growing market same as AI nanotechnology and quantum computing and if by any chance, there will be some security issues (hacking etc) with BTC or other cryptos. Hbar will have its time to proof its usability. There is nothing in this world which is stable and can not be broken whatever ppl believe or the creator will say. It may sound like betting on the black swan but if U think about it BTC is a black swan on its own. The book written by Nassim Nicholas Taleb – The black swan is very good book about it.
If U will consider boom of BTC and crypto itself as The black swan U can as well expect that BTC will show some kind of security vulnerable which are not visible at current time. Information like this would most likely shake the crypto.
Any type of activity investing building farming etc is governed by the same rule. People will always move towards the most profitable most practical and safe environment they can afford. The moment when something which is stable and future proof will show some signs of weakness it will be natural for ppl to look for alternative. Also, the small thought of mine not every good idea will be applied to the market sometimes is the worst one like choice of VHS for video recording or electric cars. The moment any project is heavy funded by government it is most likely to thrive in near future.
If U believe in the project and see it as future do not have negative emotions when the price will go lower. I see it as the gift because I think if this will explode there will not be another opportunity to enter with potential of tenfold or more in profit...
Hbar possible another entry when BTC will drop to 16k
Based on my previous ideas I'm patiently wanting for another solid drop of BTC. Hbar price in USD is 16c while I am writing. HBAR/BTC is holding 500 and it can stay like this for some time I assume. I would not be surprised when it would actually go above 600 and further.
I see potential for price to drop below 10c or maybe below 5c, which would be great opportunity to go long here.
Last week USD got stronger DJI went down and didn't breach 35k number.
Stronger dollar DJI going south is good indication that BTC price will go down soon.
HBAR / BTC - Weekly needs to close above 520-30sNeed to see weekly close above the green box here, better yet the X, for us to remain bullish. We don't want to see it close below the green box or get back inside of our channel from the bull flag we previously broke out of.
Here's what I'm hoping for, regarding the bullish scenario - it looks like we were about to begin wave 5 (not just with HBAR, but with a lot of cryptos in the market, including BTC), and then corrected hard. This could be a strong attempt to get in lower before that wave 5 happens. That said, if we close much lower than where we are now, we could see more bearish or even sideways movement for months.
Let's see where today's weekly closes in approx 9 hours from now, and will update.
HBAR / BTC - Ready for the Next Move UpOur trend line has acted as a pivot for the last 3 moves, each time we found a bottom, twice, which ended near the trend line, and followed with a significant move up. Assuming this occurs again and we don't break below the trend line, we can expect a move to ~1000 sats, possibly as high as 1125.
Close below the trend line on the daily invalidates the trade. Possible outcomes of a break below the trend line are:
- repeating pattern idea:
- triple bottom vs. btc (or a giant HSi may form)
Chart from this post is Heiken Ashi daily chart, levels were drawn using multiple time-frames, main trend line is drawn from daily candlestick. Targets are chosen via double bottom projection and fibs.
2 Hour Candlestick Chart zoomed in:
Daily Candlestick Chart, also zoomed in:
Hedera finally the real blockchain for real world… few words from person which is watching this market for over 5 years and looking for long term patterns based on fundamentals and utility not the promises of the founders.
I am not going to put any technical tools as they are useless when chart is couple of months old. Technicals are using in grown and harmonic markets.
In 2016 when I got interested in blockchain related topics I found that Ethereum real feature which can be used in near future. There were many ppl teachings how to program smart contracts it really looked like future of payment, electric cars’ payments electric bills etc.
All governed by blockchain which should work perfectly.
There were many projects like ETH lottery etc.
We have mid of 2021 and nothing like this happen. There is a plenty of promises made but nothing really happened. There is no popular eth lottery as far as I am concerned. Eth in current stage is too expensive and slow. I heard rumour that Visa will be using eth blockchain.
Waiting few hours for transaction to went through the network and see like 10% charge for payment is scenario I would expect in current stage of development.
…Friend is telling me from time to time about new crypto coins and it was some time ago he mentioned Hbar. Most of the coins he mentioned never got my interests but this one is a totally different story.
The conclusion I made was that it is quite possible that are witnessing time loop or back in time scenario.
What I mean by Time loop:
Hedera with its possibilities (fast the best security possible and normal price for transaction) sounds very promising like ETH in 2016 but with difference in terms of technology and blockchain awareness.
Like most projects it is backed up by big companies/corporations. When you scroll the list of them you will notice serious companies which to me are in the top in terms of future technologies. These are IBM Google and Boeing.
For time being the coin is on the market for couple of months and it should take 2 years and half to see couple of hundreds spike in value if we will witness same scenario as ETH price surge.
In my opinion it will be 1 year to see some serious movement, also I am looking at Hbar not as the coin to make transactions but rather different form of stocks and the price of Hbar will represent the company itself.
There is no way for me to know the future and current time, but at the same time it is rare to see investing opportunity with such enormous possibility to take big market share.
Scenario here may look like Amazon in 2001 which survived dot com bubble implemented cloud computing and well 20 years later, it is on the top of the market globally.
The founder of the Hedera mentioned in one of his presentation at least once that real project will proof its value when crisis strikes.
I see it as long-term investment and with current market scenario I would slowly buy while price will be going down. It is highly probable that this coin will go up and when it will be in news and forums under the same old phrase
…If you would invest in hedera in 2021 you would be millionaire by now.
LONG HBAR/USDTWhat Is Hedera Hashgraph (HBAR) ?
Billed as the "trust layer of the internet," Hedera Hashgraph is a public network that allows individuals and businesses to create powerful decentralized applications (DApps).
It is designed to be a fairer, more efficient system that eliminates some of the limitations that older blockchain-based platforms face — such as slow performance and instability.
It was funded through an initial coin offering (ICO) in August 2018 and first launched open access to its mainnet just over a year later in September 2019. As part of the ICO, investors were able to purchase the platform’s native utility token (HBAR) at the lowest possible pricing.
The HBAR token has a dual role within the Hedera public network.
First and foremost, HBAR the fuel that powers Hedera services, such as smart contracts, file storage and regular transactions. Second, it's used to help secure the network, since HBAR users can stake their tokens to assist with maintaining the integrity of the platform.
HBAR / BTC - Broadening Formation / Reverse Symmetrical TriangleHBAR vs BTC on the 2H chart appears to be in an broadening formation, also known as a reverse symmetrical triangle (this one is not quite symmetrical, but close enough for comparison). Broadening formations typically occur when there is indecision about the direction of price. This makes total sense with the recent correction across the market.
Broadening formations tend to have bearish exits, but not always, and if you look at the structure of HBAR on the daily, I still feel it's bullish and that we are currently in a wave 4 preparing for a 5th wave that should take us much higher.
So, in the short-to-mid-term I'm expecting a test against the top of the triangle here, and - the further this drags out before doing so, the closer we come to approaching a 2nd test of our all-time high vs BTC on the weekly chart around low to mid 860s.
On the other hand, if we head down and test the bottom of the triangle, we'll make a new low on the lower timeframe charts, potentially attracting strong buying pressure that could also take us back to test our all-time high.
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/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 / 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).
HBAR / USD - Possible W formation on 4H ChartNew listing just announced @ Uphold, potential contract with NASA, a bullish W (a mini-double bottom) could be taking shape here. Completion of this W woud likely flip resistance back to support (green box/area).
This would be occurring at the end of a bull flag on BTC pairing daily chart:
BTC chart idea linked below, as well as an alternate theory for the bearish scenario.
HBAR / BTC - Alternate Idea: First Bearish, Then BullishI need to predicate this with the fact that I'm actually super bullish on HBAR, and most of my ideas are based on its bullish momentum having more immediate continuation. That said, I sometimes try to come up with alternative theories that oppose my own presuppositions, and that is what this is here.
So, let's take a look at HBAR from a different perspective than my typical posts, and we'll look at its monthly chart instead of the weekly, daily, or lower timeframes:
The highs from March 2020 (last year) are now just wicks because they were never able to close nearly as high as it rose on the weekly or daily charts.
Taking this into account, you could start to consider that an inverse head and shoulders pattern is beginning to take shape on our monthly here. It remains bullish overall, but goes against what myself and many of its fans and followers are expecting - which is the completion of a bull flag on the daily (see linked chart below) with much more immediate bullish movement to a new all time high. In the scenario instead, an HSi forms here, and we see bearish movement in the near term first. This acts as a bit of a shake out while longer term holders take profits, and when its done, then we shoot for a test of previous highs and a new all-time high.
Something like this could occur with the BTC pairing if bitcoin begins to move up again finding yet another new ATH.
So, instead of seeing a more immediate alt season, our alts still gain in dollar value but lose vs. BTC for a while again first.
That would also give BTC dominance a chance for some relief in its downtrend since we went sideways and saw our ETH move. It would also build further momentum for a stronger alt season than having one that occurs more immediately.
Just a different take, I'm probably wrong but felt like sharing anyways, cheers and thanks for listening. :)
HBAR / BTC - Beautiful Bull Flag FormationMay drag out further than shown above, but looks like we're gearing up to break through all-time high (top two yellow lines and area in between). Monthly + Local support is green rectangle, Local resistance is red one.
This was our 2nd major move up after double-bottoming on the all-time chart, we should expect a third and it should be one of the larger of the moves. A break below monthly support invalidates this idea.
HBAR/BTC Confirming my outlook?I originally posted an idea about HBAR/BTC possibly seeing all-time-highs in the near future.
I said that I would be watching for the 0.00000575 level, and at the time of me posting my other idea it was in the 0.00000540 range.
Currently, it stands at 0.00000550, with no signs of stopping. I am still watching for the 0.00000575 level for confirmation/entry, but I believe we are setting up for a beautiful upside with the current levels as support.
What do you think?