HBAR / USD - Should Make a 5th Breakout Attempt SoonHBAR has tested the top of its resistance area 4 times now, and as we know, the more times we test an area, the more likely we revisit and eventually break through. One thing of note is that our 4th test didn't have as much momentum behind it as did the previous 3. This could be seen as a sign its weakening, but I don't think that is the case here.
Instead, we've dropped down again to really bang on support for our 3rd test of support, one of which wicked down lower than we have before, but hasn't been able to break through.
I think the current situation we're in now will provide the momentum needed for a 5th and final test that leads to our long-awaited break out.
HBARUSD
HBAR/USDT Going StrongWith the recent rebound in most cryptos, HBAR has been holding over $.20. I am now looking for a confirmation in uptrend, rather than just trading flat in the near future.
In my opinion, if it can break above the 14 D EMA, it can test the 14 D upper bollinger band limit (2 standard deviations).
I am also closely watching the HBAR/BTC chart, and have converted some of my BTC to HBAR, as I believe it will outperform BTC in the coming months.
What do you think?
HBAR / USDHBAR been through a distribution event by the whales over the last 2 months or so, collecting their $millions. There has been a reclaim of sorts around the current price.
I know Credible Crypto is a big fan of this and rightly so, check his YouTube analysis, it's hard to not get pumped, backed by some of the largest tech firms in the world. I expect $HBAR to do a $ADA on its first speculative run, peak and trough before adoption 2 or 3 years (or longer) down the track... Since we are quite some distance away from this chain being decentralised and useful, I will not holding this bag longer than I need to!
I'm buying around $0.255 where there seems to be demand, expecting a bumpy ride of sorts over the next couple of weeks but the sky is the limit if we can break through that resistance that was previously support.
Dont trade with debt, trade within your means and use a stop loss!
Alfa
HBAR BUY/LONG 0.28 to potentially 0.515 By Mid July 2021TICKER CODE: HBARUSD
Company Name: Hedera Hashgraph
Industry: Cryptocurrency | Blockchain
Position Proposed: BUY
Technical Analysis
1. Large Flag Pattern (Forming)
2. Fibonacci Retracement reached to 0.786
3. Fibonacci Expansion 1st Partial Safe Take Profit Level 1 (Grey Zone) at the length of Flagpole Price Range
Buy Entry: NOW READY (0.28-0.35)
1st Partial Take Profit: 0.515 (End June - Mid July 2021)
2nd Partial Take Profit: 0.705 (August-September 2021)
Stop Loss: 0.15
HBAR/USDT Holding StrongWith today's firesale in most cryptos, HBAR definitely got its own beating. It went as low as 0.16~0.17 versus USDT, which was definitely a good entry point.
However, it was quickly rebought and is now holding my support level strong. This is on a log shart, with exponential bollinger bands.
HBAR BUY/LONG 0.18 to 0.92++ By end 2021TICKER CODE: HBARUSD
Company Name: Hedera Hashgraph, LLC
Industry: Crypto Currency | Blockchain
Position Proposed: BUY
Technical Analysis
1. Large Flag Pattern (Breakout Incoming)
2. Fibonacci Retracement at 0.618 (Golden Zone)
3. 1st Take Profit will be at Fibonacci Expansion Safe Take Profit and Flagpole Length
Entry: NOW READY (0.18 - 0.30)
1st Partial Take Profit: 0.63 (June - August 2021)
2nd Take Profit: 0.92 (October - December 2021)
Please note that the Market could fall to 0.18 but it's currently sitting on a pivot point of a new potential support level hence more likely to launch up!
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.
HBARUSD :: Don't buy Hedera Hashgraph... I'm stackin'! :DPresently taking another crack at closing over the 50D MA, has been in a solid consolidation zone for about 6 weeks. I got in in Jan, Feb & a bit in March. One of my top 3 holdings. Will it take off to re-test the recent high around .5, or stay in stack zone? Dunno, don't care! :)
HBAR around 20% downside risk with 200% upside potentialHBAR chart looks currently like good opportunity for buy in with Dollar Cost Averaging (DCA) model. There is room for downside relatively little around 20% incase the market stays weak but upside potential of 200% in near term given that the market keeps gaining strength. HBAR is a longer term and in our view should belong where XRP is currently on top coin list. It should be competing with BNB, ETH and BTC on top spots. Huge industrial node network and partnerships gives it stability very few projects on crypto can offer. It's a trustworthy for institutions. Long term opportunity for this coin is still 10 - 100X depending on how the market develops and how the bull market keeps up. That's why the price levels are any ways low but even on short term it's looking extremely promising at current chart.
Not a financial advise. Just and idea. DYOR.
LONG on $HBAR - Double Frying Pan + Jay HookTechnical Analysis:
High-Profit Pattern here.
We are seeing a double frying pan and a jay hook , with the MACD about to rise into a bullish divergence and the Stochastic RSI showing above the 32 levels on the buy signal.
I believe we will see an upside to .50 if it is able to beat the .45 resistance levels.
Please do your own research as this is just my opinion but I personally have invested a small chunk of my portfolio into this coin given that is has phenomenal fundamentals as an industry standard for blockchain usage globally.
Fundamental Analysis:
Hedera Hashgraph is a layer 3 solution that can process 50,000 transactions per second, has high enterprise-grade security, and is easy for developers to build on with Java, Javascript, and Go SDKs available.
Competitors include blockchains like Solana, Algorand, Harmony One, and Matic although none of them can compete with Hedera in my opinion from a software engineering perspective.
Fees are fractions of a penny making this a more usable blockchain than others as well.
In fact, Hedera Hashgraph is not actually a blockchain, but technically a hashgraph, a whole new kind of technology that is much more advantageous than traditional blockchain technology.
I hope this helps anyone looking to trade this and understand the technology further as well as technical analysis and finding high-profit patterns, good luck trading!
$HBAR - Lets try this againThis coin obviously needed a larger correction for wave 4 that initially anticipated. We always need to keep in mind that corrective waves often last longer than anticipated. With that being said, this count is still very plausible.
Here we have a double three within a zig zag ABC. If BTC bounces here as expected, I anticipate we challenge the ATH in the not so distant future.
Set your SL according to your risk management strategy and Trade Safe!
Hbar will surprise us soon in next 2 weeks ... last call✅ Buy: 0.34 - 0.35 ✅
🎯TARGETS:
1- $0.4360
2- $0.5060
3- $0.6000 (take profit for 70% - 80%)
4- $0.6800
💵 Trade Size: 5-7% of Portfolio
🚫Invalidation(SL): daily candle close below $0.28
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HBAR What next? Hello, I am updating my idea on HBAR. As for the fundamentals, HBAR is on my top 3 projects. Something that is very revolutionary and interesting, in which I have entered very early. As for now, the market looks very volatile and BTC trend seems uncertain. I will publish some scenarios that I think that would play out in HBAR. This is not financial advice, it is just my study.
FIRST SCENARIO-If the market becomes normal, we could see in a short time HBAR jumping to the 0.38$ as the TP1. I expect probably a rejection there to go back at the 0.325 area, and if that happens we could see a very bullish pattern as inverse head and shoulder pattern, shown in the graphic. Also the indicators show that kind of move is quite possible.
SECOND SCENARIO- The second scenario may be that there is a possibility that it breaks the 0.38$ area and makes a move above 0.41$ and higher. It is a possible scenario but not very usual as a scenario in this case. Still you can book some profit there and hold more for the future.
THIRD SCENARIO- Market continues bear, and HBAR does not break above the resistance area, and after rejection the support does not hold. We could see a pullback to 0.28$, which is a very good area of support but in the worst case, another big support is in the 0.23$. Low possibility scenario, as HBAR is a very strong project, but it could happen.
BLUE lines - Resistance areas
Purple and pink lines - support areas.
White arrows - possible bull scenario.
This is my idea in general, the stop loss is in the area there. If you want to be a long term holder in HBAR, it is good to buy anytime, as it is one of the best projects. In short, the scenarios are mentioned.
Good luck to you all. If you any other opinion, you are free to comment. :)
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.”