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HBARUSDT

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
by SolidPosition
1
HBAR/USDT : HBAR is moving into a descending channel BINANCE:HBARUSDT Hello everyone 😃 HBAR had a retest on descending channel's bottom. ( It seems that HBAR had a pullback from it's major support line ) Also there was a support line which is formed from last bounces below current level. We expect a retest on channel's top; But there will be some barriers to break ! There are 2 resistance zone, One of them is above of current level. And other is at channel's top; If HBAR tries to break resistance and take hold above it, Then it will probably go for higher ATH. 📌 Have to mention that MACD is being bullish and it will confirms the continuation of upward movement. By the way if channel's top reject HBAR to break; Then we would see a bull flag formation in higher timeframes... Attention: this isn't financial advice we are just trying to help people on their own vision. Have a good day! @Helical_Trades
Long
by Helical_Trades
21
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. :)
Long
by UnknownUnicorn17670525
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.”
BINANCE:HBARUSDLong
by JavaLongston