So far so good on patterns for #hbarThis W formation on the 4-hour has promise, although over the last 6-8 months W's have not gone as expected for #hbar. See my earlier idea about why the "perfect storm" is brewing for Hedera this week (13 to 19 Sept 2021). Possibility of overshooting this target substantially in next 48 - 60 hours.
HBARUSDT
HBAR / USD - Almost Ready for a MoveQuick chart - If we can stay above the descending channel here, expect big things for HBAR. Re-test of ~40 cents area, quite possibly a new high.
If we get back into the channel, we may re-test the bottom of it one last time before that happens. I think this is unlikely, however.
HBAR pennant with RSI confirmation and large W pattern brewingForecasting #hbar price action over the next 7-10 days, which includes a weekend.
Hedera's 2 year Open Access anniversary on 16 Sept carries potential for maximum marketing impact, newsworthy announcement(s) would be unsurprising.
Recent (last 2-3 weeks) track record has seen (a) a new GC member announcement in LSE and (b) a comprehensive study on DLT energy consumption being released by UCL (also a GC member) showing HH as the most efficient DLT platform BY FAR. At a pace of news releasing every 10-14 days, timing is perfect and will trigger a massive pump before 19 Sept given all indications.
TA forecast ~0.43c based on Fib retracement, pennant and W patterns
FA forecast ~0.50c if price action coincides with positive news over the next 10 days.
Market sentiment strong (@CredibleCrypto, @dobuybitcoin, @hbarprice, et al.)
HBAR - on the verge of a big pump !HBAR looking really good at this point !
Price already broke out of the bull flag.
Volatility is still lagging .... when it will set in, we should potentially be in for a big rise !!
Not financial advice, but personally I doubled my stack in recent days around 29 cents.
HBARUSDT Resistance Breakout!!HBARUSDT(1D Chart) Technical analysis
HBAR/USDT(1D Chart) Currently trading at $0.314
Buy level : Above $0.313
Stop loss: Below $0.235
TP1: $0.388
TP2: $0.486
TP3: $0.644
Max Leverage 2x
Always keep Stop loss
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HBARUSDT signalHello friends.
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Everything on the chart.
open pos: 0.275-0.285
target: 0.31 and 0.33
after first target reached move ur stop to breakeven
stop: ~0.265 (depending of ur risk). ALWAYS follow ur RM .
risk/reward 1 to 3.5
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Is HBAR/BTC getting ready for a great move up?With positive fundamental news coming to HBAR in the past few weeks and days (LSE as GC member, NFT support on Mainnet, and rumours about a Fortune 10 company...), HBAR could be setting up for a breakout against Bitcoin.
My thoughts is that if we take out the resistance level at .575, we could potentially test All-time-highs in the pair again. I will be watching if HBAR/BTC manages to stay above my 14 Day EMA.
There is also a smaller wedge forming, with the same level of .575 to watch on the upside. As for the downside, pay attention to the .540 level as that could send the pair lower for a while. This is why it is important that HBAR continues to participate in the current bullrun, and does not fall too behind BTC's performance.
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HBARUSD D2: 800% gains BEST LEVEL TO BUY/HOLD(SL/TP)(SWING)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
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🔸 Summary and potential trade setup
::: HBARUSD 2days/candle chart review
::: updated outlook still valid today
::: correction not over yet
::: seek to buy low after correction
::: 5 waves sequence BULLS
::: right now in WAVE4 correction
::: CORRECTION MODE next 3-6 weeks
::: correction just started not OVER
::: chart is LOG SCALE
::: get ready to BUY LOW later
::: BUY LOW near 10 cents
::: entry - after 40% CORRECTION
::: up to 1000% gains possible later
::: short-term pullback/correction
::: correction/pullback NOW
::: however chart looks strong
::: SPECULATIVE SETUP
::: do your own due dill
::: and use proper risk management
::: TP bulls is +800% gains
::: details: see chart
::: FINAL TP is 1.5USD
::: recommended strategy: BUY/HOLD after pullback
::: Best Reload BULLS near 12/14cents
::: TP BULLS +800% gains
::: SWING TRADE: BUY/HOLD IT
::: bull run not over yet
::: good luck traders!
::: BUY/HOLD and get paid. period.
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment mid-term: BEARS/CORRECTION
::: Sentiment short-term: PULLBACK/CORRECTION NOW
RISK DISCLAIMER:
Trading Crypto, Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.
HBAR set to move higher Target: $0.58c$HBAR
Hbar has steadily been increasing in volume as the crypto market rallies back its losses.
If the market remained bullish, we could see HBAR rally to $0.58c in weeks!
MACD is slightly diverging to bullish as RSI still has room to move upward
Support at 8c!
A break out of the triangle will invalidate this move.