HBAR TRENDHbar trend analysis
HBAR is the native, energy-efficient cryptocurrency of the Hedera public network. Hbars are used to power decentralized applications and protect the network from malicious actors. Developers use hbars to pay for network services, such as transferring hbars, managing fungible and non-fungible tokens, and logging data.
HBARUSDT
HBARUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in a 4-hour time frame.
As you see, the price has formed head and shoulder pattern. We believe that the price would continue to drop so we drew expected support lines.
But if the price can break our resistance line upwards, becomes strong and stable, and we can consider the climb.
Warning: This is just a suggestion and we do not guarantee profits. We advise you analyze the chart before opening any position.
Wish you luck
50%+ for HBAR if price break up in next daysYOUR LIKE OR COMMENT IS MY FUEL FOR NEXT ANALYSIS :) IF U HAVE ANY QUESTION REACH ME HERE
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HBARUSDT Head and Shoulder PatternHBARUSDT (1h Chart) Technical analysis
HBAR/USDT(1h Chart) Currently trading at $0.346
Buy level : Above $0.343
Stop loss: Below $0.318
TP1: $0.364
TP2: $0.381
TP3: $0.396
TP4: $0.411
Max Leverage 3x
Always keep Stop loss
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Hedera Hashgraph (HBAR) Rejects Hard Off All Time High-HBAR has fallen nearly -50% over the last week
-Price has formed a descending channel
-15 MA continues to act as resistance
Hedera Hashgraph (HBAR) had outperformed the overall crypto market the week before last as prices have rose nearly 100% from $0.24 to $0.49. HBAR refers to itself as the “trust layer of the internet”. Hedera Hashgraph is a public network that allows individuals and businesses to create powerful decentralized applications (Dapps). HBAR has been growing in popularity & market cap rankings over the last few months as its the 45th largest cryptocurrency. HBAR was designed to be a fairer, more efficient system that eliminates the limitations that older blockchains face.
As we can see on the chart, HBAR blasted to a new all time high just about a week ago as prices hit $0.57. Right around this time was also when BTC started to lose its steam as showed bearish signs. Since then, the entire market has went through a decent size correction as most coins are down over -10%. At the time of writing, HBAR just wicked off a major support level along with a near month long support trend. If bears continue to assert their dominance & pull HBAR below these marks, expect price to land near the $0.25 level.
If bulls regain their strength quickly & pull HBAR back above its minor resistance of $0.306, we can expect a revival to occur. Ever since the high was set on HBAR, prices have been downtrending & have formed a descending channel. HBAR just bounced off the bottom trend of this channel & should now make its way to the top trend. If bulls show their strength & break and hold the major resistance of $0.333 we can then say the downtrend has been broken. Along with this resistance lies the 15 MA which has been acting as a rejection area. Price must fully break & hold this as well to have a chance at revival.
While looking at this Stochastic RSI, we can see strength just spent a lot of time within the oversold region. Since then, strength bounced towards the 50 value & attempted to break it but failed to do so. As long as the stochastic holds the 20 value, we should see a revival occur. The MACD has been downtrending for nearly a week now & the histogram looks ready to tick green. If the MA’s cross bullish, expect HBAR to break its downtrend channel.
HBAR Intraday Analysis
Spot rate: $0.30
Trend: Bearish
Volatility: Medium
Support: $0.283
Resistance: $0.306
What do you think of HBAR?Hey everyone! Ill have more analysis updates coming soon. I've just been a little busy.
"Unlike most other cryptocurrency platforms, Hedera Hashgraph isn’t built on top of a conventional blockchain. Instead, it introduces a completely novel type of distributed ledger technology known as a Hashgraph.
This technology allows it to improve upon many blockchain-based alternatives in several key areas, including speed, cost, and scalability. Hedera transactions have an average transaction fee of just $0.0001 USD and typically reach finality in under five seconds. Overall, Hedera Hashgraph claims it can handle more than 10,000 transactions per second (TPS) — compared to the around 5-20 for most popular proof-of-work (PoW)-based blockchains." - Taken from CoinMarketCap
I'd like to hear your guys opinion AND ESPECIALLY if there's any developers currently working on or have previously worked with HBAR
Thanks again.
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HBAR has plans...1. HBAR is being pushed and pulled by market forces... but continues to snap back to a clear trajectory.
2. Despite delivering industry-shaking news about
i) Smart Contracts 2.0
ii) An independent Hedera Foundation funded with $5b (more than current market cap!) to GROW THE ECOSYSTEM
hbar price action clearly shows things continue to snap BACK ON TRACK
Price target 0.70 before end-Sept - purely from momentum and Elliot Wave projection (Note: I'm not very good at it).
Oh... and we haven't even heard about any use cases going live yet. All we know is Hedera Hashgraph testnet is being pounded by what looks like final stress and volume testing of something BIG - traditionally the final step before deploying enterprise grade solutions by highly visible global brands.
Oh... then NFT.com seems to like 9.21.21 as a number... standby for that next week :-)
Price target >$1 in October - another 60% from here.
Purely for entertainment purposes by an absolute amateur - not financial advice.
HBARUSDT , Start a new movementHello guys
We have another amazing coin and analysis
HBAR
in here from some days ago new rally was started and we are in new ATH record , the last ATH was break and now the price in search for new High
the trend is upward and now we wanna buy and take long position in futures but we need pullback then entrance it
dont forget stop loss and Tp , the analysis will update every day
Until the stop loss not break down with close of powerful candle the trend is upward and the TP is valid
Good Luck
Abtin