Interesting PerspectiveHbar has broken out of a long time channel and is using the upper channel as support before breaking higher.
This project is unlike any other crypto that I've seen in the market.
Shinhan Bank, the largest bank in South Korea has joined the governing council of Hedera along with LG Electronics,
the two companies reported a successful test of a CBDC trial using Hyperleger Fabric with a plug-in from Hedera's HCS.
Hyperledger Fabric is designed by IBM who is also a governing council member on Hedera.
Furthermore,In January of 2021, Shinhan invested in Korea Digital Asset Custody (KDAC), an industry consortium of businesses that provide digital-asset custody service. Assets can be tokenized on Hedera's Token Service.
Officials at Shinhan Bank commented. “Hedera’s public distributed ledger, in particular, is uniquely suited to meet the needs of a widely-used fintech service that must be fast, fair, secure, and enable the controls and visibility required by service providers. We are excited to join the Hedera Governing Council to continue to work with leading global organisations in diverse industries on solutions that will underpin the next generation of finance.”
HBARBTC
HBAR / BTC - 1000+ Sats in Sight NextQuick bullish idea for HBAR / BTC. I actually found this old chart in my list and hadn't checked it in weeks, everything was already drawn as-is except for the orange target line, and it was missing the fibs. If we continue to follow this channel and have a repeat of the previous move, we should see over 1000 sats relatively quickly when it starts to move again.
Note that volume has been rather low after the big move, yet it has still made significant gains and losses after hitting the previous high 29 days ago and then moving somewhat "sideways" since. If significant volume returns with an upward move, we could easily see another fast and strong move like the last one.
HBAR LongHello there ;
HBAR managed to hold above the moving averages on both the 4-hour charts and the daily charts. In the journal, we received a recovery from a previously tested region for the RSI. I think an Uptrend trial will come.
Merhaba ;
HBAR hareketli ortalamaların üzerinde tutunmayı hem 4 saatlik grafiklerde hem günlük grafiklerde başardı. Günlükte RSI için daha önce test edilmiş bir bölgeden toparlama aldık Bir Yükseliş denemesi geleceğini düşünüyorum .
Hedera Hashgraph - What's next for HBAR?If you haven't been living under a rock this bull run, you'd know that HBAR has been one of the most talked-about coins since its initial move up at the start of 2020. Currently, we stand at a crossroad. After rocketing 400% higher than the previous all-time high there are fears that HBAR might be running out of steam.
Bullish:
- Coin has been ranked number one on social blade multiple times in the past months and in the top ten literally dozens of times.
- Near perfect fundamentals: UK hospitals have been using HBAR to track the coronavirus vaccine, holocaust museums have been using HBAR to store survivor testimonies in the blockchain and they are rumoured to be working on the first "digital dollar" with centralised banks and the government.
- Amazing ability to gather public attention.
- Promising future fundamentals as COVID-19 will likely be around for at the very least a year or more to come and many government officials have admitted to be looking into working on a digital dollar that HBAR seems to be working on.
- Managed to avoid a double top drop, showing that the current 0.3 support is very strong and that investors are likely looking to hold HBAR for the long term. Usually, after a double top, we see a wave of panic selling that drops an asset down to previous support.
- The bull market.
Bearish:
- Volume is falling off in comparison to earlier this year, perhaps people are diversifying into coins that are yet to "moon" like HBAR has.
- Falling on the social blade. HBAR has gone from being mentioned in the top ten almost daily to hovering around the top 25. Perhaps this is because as altcoins start to pump left and right people are looking for more promising shorter-term investments.
- Double top (explained above)
- Potential triple top seems to be approaching as HBAR once again bounces off of the 0.3 support, if it does not break through on this attempt, with the dropping volume and weak RSI we will almost certainly see a drop to a previous support level.
HBAR could either somehow gain the volume (potentially via a new announcement) to push through the resistance and conduct a successful R/S flip (red arrows). Or we could see a triple top as HBAR fails to break through, after this investors would most likely lose some faith in the short term and we would see a sell off to previous support (orange arrows). Personally, I slightly favour the bearish scenario, however, it is impossible to be decisive, I would recommend not buying until we see a confirmation of a R/S flip above this resistance and not selling until we see a break below the support.
Buy big sell BIGGER - Megawhale
HBAR/USDT 20% up and still 50% potential from here#HBAR/USDT Profit Update:-
$HBAR currently trading at $0.345
And went down to $0.281
20% up from bottom retest level.
Without leverage.
I hope strong hand still holding.
Targets still same.
Support:- $0.280
Resistance:- $0.34/$0.44/$0.50/$0.6
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HBAR a project for which the world's giants stand. 🚀We have been studying this HBAR for a long time, the foundations of this coin are impressive. The world's giants are behind it - google , boieng, lg and many many more. So if this project is from top100 and it has one of the best foundations and strong support from the richest companies, what could go wrong? :)
Our subscribers are happy that they know about HBAR from many weeks and now they are on +100% profit (in btc ). 🚀
We also have huge bag of this coin and we are still strongly bullish .
🚀 This coin is on our golden long-term altcoins list. It may be very good project for long term investment.
❎ No TP for long-term investments. We can`t predict exact altcoins targets in long term, but thanks to our experience and glassnode we are able to predict exact bitcoin targets. Our long-term strategy is just to hold these altcoins until glassnode indicators will say us that we are close to end of bullrun. And then we will sell everything in 15% parts.
✅ Bullrun is easy. Just accumulate coins from our golden list (long) and play with our signals (short). Diversification is the key to success.
HBAR a project for which the world's giants stand. 🚀We have been studying this HBAR for a long time, the foundations of this coin are impressive. The world's giants are behind it - google , boieng, lg and many many more. So if this project is from top100 and it has one of the best foundations and strong support from the richest companies, what could go wrong? :)
Our subscribers are happy that they know about HBAR from many weeks and now they are on +100% profit (in btc ). 🚀
We also have huge bag of this coin and we are still strongly bullish .
🚀 This coin is on our golden long-term altcoins list. It may be very good project for long term investment.
❎ No TP for long-term investments. We can`t predict exact altcoins targets in long term, but thanks to our experience and glassnode we are able to predict exact bitcoin targets. Our long-term strategy is just to hold these altcoins until glassnode indicators will say us that we are close to end of bullrun. And then we will sell everything in 15% parts.
✅ Bullrun is easy. Just accumulate coins from our golden list (long) and play with our signals (short). Diversification is the key to success.
HBAR a project for which the world's giants stand. 🚀We have been studying this HBAR for a long time, the foundations of this coin are impressive. The world's giants are behind it - google, boieng, lg and many many more. So if this project is from top100 and it has one of the best foundations and strong support from the richest companies, what could go wrong? :)
Our subscribers are happy that they know about HBAR from many weeks and now they are on +100% profit (in btc). 🚀
We also have huge bag of this coin and we are still strongly bullish.
🚀 This coin is on our golden long-term altcoins list. It may be very good project for long term investment.
❎ No TP for long-term investments. We can`t predict exact altcoins targets in long term, but thanks to our experience and glassnode we are able to predict exact bitcoin targets. Our long-term strategy is just to hold these altcoins until glassnode indicators will say us that we are close to end of bullrun. And then we will sell everything in 15% parts.
✅ Bullrun is easy. Just accumulate coins from our golden list (long) and play with our signals (short). Diversification is the key to success.
HBAR/BTC TA update and 100% potential from here#HBAR/BTC TA Update:-
#HBAR currently trading at 566 Satoshi
And strong support at 540 Satoshi
Entry:- 540-565 Satoshi
Targets:- 721/1153 Satoshi
Stop Loss:- If 4H candle below 520 Sat
Support:- 540 Satoshi
Resistance:- 721 Satoshi
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HBAR/USDT Technical looking good for scalping#HBAR/USDT TA Update:-
$HBAR currently trading at $0.3470
And very good strong support level.
I am buying some at here.
Entry:- $0.3380-$0.348
Targets:- $0.398/$0.436/$0.5/$0.6
Stop Loss:- if any 4H candle close below $0.33
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HBAR / BTC - Breakout / Re-testing - Short-term gainsQuick chart for HBAR / BTC 30min time-frame:
-- Good chance to visit 721, may see slightly higher high ~775.
Two possibilities after that:
1.) touch previous all-time high around 817-867, or
2.) a double top here and a significant pullback into the low 400s.
At the moment, double top seems possible because prior to breaking out we were forming a wedge testing 530s, although larger timeframes indicate a new ATH is coming before we see any good pullback, and then continued new highs beyond that. See LINK comparison below.
Also, USD pairing formed a W on the 30min chart, broke-out, and is currently re-testing the top:
Beginning of HBAR vs LINK (BTC pairings)HBAR and LINK are behaving very similarly during the first year and a half of their respective launches, I expect this to continue in some similar fashion with HBAR.
The ratio of movement is a bit more exaggerated with HBAR than LINK did vs BTC, but the patterns share similarities.
Here's what it might look like should this similarity continue.
Previously I had an idea that HBAR was following 2017-18 LTC (versus USD pair), that has also continued to play out rather similarly. Check out the LTC ideas below:
Updated LTC comparison:
Original LTC comparison:
Please share your thoughts, comments and ideas, and thank you so much for listening! Best of luck with your charting and trading! :)
Hedera Hashgraph quick analysisHBAR just broke out of the upper trendline and is approaching the resistance zone. Can be nice opportunity to enter at the break of current resistance, best TP levels are at 0.4$ and 0.45$, however I'd wait for the break of ATH. Most reasonable SL levels are located below current bottom trendline and below the resistance when broken. Potential bearish scenario is a dip to the support at 0.27$.
Happy trading!
(Not a financial advice)
$HBAR, Crossing over ~570 sats and hodling/trying to flip it$HBAR
Crossing over ~570 sats and hodling/trying to flip it into support on the way up
Looking good as volume is showing strong volumes on daily basis.
If manages to bounce, then looking for ~700/850 sats (ATH)
UCTS Bullish across the board (70%+ since 3D Buy signal)
#HBAR