Hbarlong
The most BULLISH Chart in CRYPTO!This is just my thoughts on the most bullish chart in crypto. HBAR will probably be listed on coinbase and many other major exchanges once they complete their Rosetta Integration. The token has been asleep for now and anything under .04 is a great long term accumulation in my opinion. The targets posted in the chart are conservative and only represent the first impulse, HBAR can and will go much higher and I personally believe HBAR will a top 10 coin by the end of 2021. The token is unlike any other in the industry.
The targets listed top out at 45 cents USD per HBAR with BTC @ $30k
Looking at the broader crypto market, at the end of the cycle, I believe BTC will be down to 15% market dominance and top out around $80k USD (1.4T marketcap). Given those figures, I project the crypto market as a whole to be between 9 and 10 trillion USD. I believe ETH will hit 20k per coin and also top 2.4T market cap. When you remove the ETH and BTC marketcap from the total market cap, there's about 5T left over of marketcap spread among the rest of the coins. When you compare the remaining 8 coins in the top 10 to the rest of the market historically you'll notice that those coins consume about 81% of the remaining market cap. If I'm correct and there's roughly 5T of marketcap left over when you remove BTC and ETH, the remaining 8 coins should account for about $4T (80% of $5T). Even on the low end of the top 10, HBAR could have a marketcap well north of 300 billion USD. Given the amount of tokens that will be in circulation by then (roughly 9 billion), that would create a token price of HBAR north of $30 USD. From these prices, that would represent an 877 times return on your investment.
I realize this is sheer conjecture but, it IS in the realm of possibility. HBAR has the best partnerships in the community, better technology then any other crypto and the THE ONLY A-byzantine fault tolerant crypto on the market. There is a tremendous amount of development being done on HBAR too. Hedara currently ranks #2 for enterprise crypto projects by Blocknomy blocknomy.net and also rank as the 6th best project overall! Enterprise solutions are where the major adoption will take place, BTC is a store of value and ETH has scaling issues (both have flaws) HBAR seems to solve all of those issues and more.
Obviously this is only MY thoughts on the market and NOT financial advice, please do your own research.
Please take a moment and let me know your thoughts on the crypto market and where you see things going at the end of this cycle. How high do you think HBAR will get?
HBAR / USD - Weekly Chart potentially forming HSiHBAR / BTC pair has been in a downtrend for a good while now without any significant corrections. It feels due for a correction soon. The USD pair here shows potential for an inverse head and shoulders pattern forming, and we could be at or near the bottom of the right shoulder. Volume is starting to rise as well. If it plays out as suggested on the chart idea above, it should complete this pattern around mid to late December.
Keep an eye on this, but beware goings-on of BTC
- also be mindful that HBAR has a much lower USD bottom prior to the google news, and hasn't yet re-visited previous BTC pair bottom either (if it will get there, we're hovering around 185-190 sats, previous bottom was 114 sats).
HBAR / BTC - ReversalThere's a decent chance for a trend reversal occurring on HBAR / BTC pair right now:
1.) RSI is bottomed and turning upwards
2.) We've just barely broken above the triangle.
3.) Volume has been insanely low throughout the downtrend, any real volume coming in will pump this
Need to stay above 201 sats to continue. Good luck!
HBAR / BTC - 4H Update - Bull Flag approaching decisionLiftoff possibly imminent, and imminent CB listing announcement rumors floating around (HBAR has been under consideration for CB Custody since April 2018, reiterated by them a couple weeks ago along with other coins).
Beware of bitcoin, prepare for all scenarios.
Weekly resistance is around 454 sats, Daily is much higher - most recent resistance was around 500, then 537ish, then 600-800s.
Support 347-370s
HBAR LOOKING AWOSOME TO ENTER (HBAR/BTC460)HBAR/BTC
LOOKING GOOD ABOVE THE ZONE, RECENTLY BROKEN THE TREND LINE RESISTANCE AND RETEST IT AND ALSO ABOVE THE ZONE ,SO LOOKING GOOD TO ENTER WITH GOOD RR.
SUPPORT:430-437
TARGET:460-484-540
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HBAR/BTC in GREEN MODEStraight to the point guys,
HBAR is looking bullish in coming days, WHY?
1. Weekly resistance was broken at 445, and once that was broken it became support and it is tested and has been rejected which indicates bullish move.
2. Also the accumulation zone between two trend lines has been broken and the new candle is formed above the upper trend line. The candle also wicked the trend line with rejection, which indicates that candle is respecting the support.
3. Candles are going to test the daily level at 471 sats, till then it would be a 7 percent gain. And if it breaks the daily level the next stop would the monthly resistance at 533.
4. RSI indicates there is room for more 30 percent. Bullish.
5. MACD histogram showing upward trend.
Entry:
Optimal Spot: 440 - 452
TP 1: 471
TP 2: 497
TP 3: 533
Stoploss: Below the weekly level at 414, In worst case, the candle may retest the support at 414 and going to retrace back. whose chances are 5 percent as i mentioned all the technical points above.
HBAR / BTC - Break out of long-term triangle & 2nd bull flagHBAR broke out of its long-term triangle after printing a bull flag, then it bounced off of triangle support and has now broke previous resistance at 454 sats. Now we are re-testing that area while printing a second bull flag - beautiful!
Keep an eye on this to see if it breaks 500 again, I believe 100+ % gains are possible from here if we can break cleanly passed 500 and then ~539 sats area.
Wyckoff acccumulation on HBAR/BTCThis is an exercise on the Wyckoff accumulation. To be noted that price may retest the lower level of the range (at 382) before moving up.
To estimate the target, I used the counting Wyckoff method (not shown on the chart): .00000361 + (68 bars x 0.00000004 x 3) = .0000118
On the chart, I am showing a more conservative target at .00001 based on the Fibonacci extension of the range ( SC to AR).
I would note that the alts market in general looks in bullish mode against BTC and that the price of HBARBTC is above the EMA200, which would indicate a bullish trend .
HBAR / BTC - Bull Flag forming on 4HBull flag forming on 4H at resistance of symmetrical triangle on weekly. A break up could potentially see a significant move. Breakdown of this trend will also likely see a significant move downwards. Hope for the best, prepare for both scenarios.
** not financial advice, just a noob learning and having fun, please send feedback and critiques/criticism, I love it - thanks!**
HBAR / USD possible short-term trend reversal + ~20%Possible short-term trend reversal with approx 19-20% profits by 4th of July weekend
RSI and Stoch RSI is oversold and trend has already begun reversal. Always beware of BTC
** Not financial advice, just a noob learning, always open to feedback and criticism, thanks for checking this out! **
HBAR / BTC - Reminder: monthly chart forms a massive bull flagHBAR is going to surprise a lot of people, I still believe. The volatility today seems like a bad sign, and it very well may be. So be careful, but volatility has preceded some of the largest moves in crypto. Either way be careful, and never risk more than you should.
Not financial advice, just a noob having fun learning and open to teh feedbacks :)
HBAR / USD - Possible HSi forming / breakout in ~1.5-2 daysLet's keep this simple, there's a possible inverse head and shoulders forming on HBAR / USD (also on the BTC pairing but not as clear). We are in the handle of a cup and handle formation, RSI is low. Watch for a possible breakout in 1.5-2 days or less, if the HSi plays out.
Expected targets (for HBAR / BTC pairing): 489, 583, 677, 711, 865, and up.
If we pass 489, I at expect we'll reach at least around 517 (just at, above/below 0.05 cents USD), testing around where the top of the cup was before.
Support areas: 442, then 395.
Always be careful of BTC!
Not financial advice, just a noob having fun learning and open to feedback from the learned :)