HBAR is going down more ?4-c wave is going upward to at least 0.35 and after that it is going down to at least 0.16./DHM
HBARUSDT
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
HBAR: potential to moonride soonMarch 21st is the first Fibonacci time cluster, also the price is near two strong supports of Fibonacci and static support and the bottom of descending channel.
two of possible roadmaps suggest the start of the next ascending wave from march 21st.
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.”
75% upwards projectionsHbar like many other coins going into some consolidation after a considerable rise in price recently. 0.338 is the support line. Once the consolidation is done within the triangle, expect a 75% upwards towards $0.67
Patience is need it as well. Trade at your own risk....
HEDERA heading for the ascent. Very interesting project!Technical analysis regarding the price of HEDERA HASHGRAPH in relation of dollar Tether for the next scenarios, based on daily movement.
disclaimer
*** In accordance with CVM Instruction No. 598, of May 3, 2018, Art. 21, I declare that the recommendations of this analysis reflect solely and exclusively my personal opinions and perceptions and that they were prepared independently and autonomously. Not being considered a purchase and/or sale recommendation. ***
Any questions do not hesitate to contact me. I'm happy to be able to help you in the best way I can. 🙏
HBAR/USDT change trend to 20 % profit tp1 Wait for the candle to close in this time frame and then buy
What is about to happen is that the trend is likely to change from 0.331 up to the black line ceiling .
HBAR About To Join The Alt Party!It's that time again for Hashgraph to start climbing the CMC ranks with a move to $0.69
If you are planning on grabbing more Hbars; doing so before Sunday night may not be a bad idea, as I expect price to move up in a big way next week. It has broken out on the daily and is currently consolidating along with building strength for a price explosion. Should be a fun week for you Hbarbarians out there.
Remember this is only my formed analysis outlook. This is not an endorsement or recommendation to buy or sell.
HBARUSDT 🍫on the Daily view BINANCE*NOT FINANCIAL ADVICE: DYOR - This idea is IMO for personal use only*
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An update from my previous chart made on 9/April:
Broke out of bullish flag formation and after a small retest, expecting continuation towards upper channel (exit 1 target).
Channel from monthly view, this is a trade opportunity for me, not a HOLD.
As always, watch for volume. Do your own research. Always be watching BTC.
Good chat.🤖
HBAR/USDT Re-Accumulation StructureHBAR has been in a re-accumulative state since around the 15th of March. A recent change of character and break out show that supply has diminished as we formed higher lows through out the range before breaking out.
We are currently now retesting the top of our trading range sat in the oversold condition on the long term trend line .
Some more consolidation in this region testing supply along the way will give us some more confidence on a POE .
A scaled in POE is recommended. If we see aggressive demand one widespread 4hr bar this could confirm a full break out into a mark up will occur.
HBAR Long And Take Profit BINANCE:HBARUSDTPERP .
For scalp trader they can open position between .305 to .318 for long and short.
For Spot wait for closing of $Hr candle above .34157 , that will be a safe call. then It will be moon on long term.
Take profit on - 0.44 - 0.52 - 067
$HBAR update: Going as planned!Updated the subwaves. Nothing to see here, just your casual #HBARBarian army. I plan to take some profits in the grey box. But going to leave a good portion to ride to Valhalla ($1+).
HBAR Continues Ranging As Bulls Fail To Break Key Resistance-HBAR has been consolidating for nearly a month
-Price has been trying to break and hold $0.358
-HBAR risks a fall to $0.30 if the bears continue control under key resistance
Hedera Hashgraph has had a wild 2021 with the price rising nearly 1500% in a short 3 months. The Dapps token has been fueled by hype and anticipation of its large scale partnerships. Since it’s high of $0.457, Hedera has been consolidating in a price channel for nearly 30 days. Time is ticking for this sideways movement as the cryptocurrency market seems to be fueling for its next move.
The large scale descending channel can be looked at as a bull flag formation on higher time frames. To have any large bull trend, HBAR must break the top trend line of its price channel. The top trend (Black) is also in coordination with the key resistance of $0.358. Hedera Hashgraph has yet to be able to hold this level as support for longer than a day. Once these marks break & hold, expect HBAR to test $0.41 again.
While looking at the last few days, HBAR seems to be printing a Head & Shoulders pattern. If this patterns completes & HBAR breaks below $0.33 (minor support), price will experience a fall to its key support (in green) around $0.30. If this scenario occurs, which seems to be the most likely as of now, HBAR will still be in its month long price channel. If the $0.30 key support fails to hold, Hedera will experience a fall to its bottom trend (black) of its price channel.
Looking at the Stochastic RSI at the bottom, it has reset to oversold conditions. When this occurs on the chart it means one of two things; The price has consolidated enough and is gearing up for its next bullish run up or the bears have control of the price & more downside is coming as the strength sits on the floor. In this case, the last 4hr candle has started losing strength and the Stochastic RSI seems to be turning back to hit another low in the oversold territory.
In conclusion, HBAR needs to break out its current price channel (black trend lines) to really see a big move, until then it is considered consolidation.
HBAR intraday levels
Spot rate: $0.345
Trend: Sideways
Volatility: Low
Support: $0.30
Resistance: $0.358
It’s your turn HBAR/USDTTP1 0.65
TP2 0.438
SL 0.28
Its not buy or sell advice, just my technical analysis.
Do with your knowledge.
HBAR News AnalysisI predict with the best probability the future trends, my ideas are reserved for the experienced trader. #UniversTrader
HBAR to 0.60 or 0.28 Very possible either wayWe need to cross 0.39236 to have confirmation towards the 0.60 other wise HBAR may goes sideways with possible slide down even to 0.28.
If we cross the 0.39 easy reach the 0.60, Giving the momentum we have now, there is a good chance to reach that level, just don't get disappointed if we didn't cross over because as you see the Descending Triangle that we are in, still huge and we may still have some times to cross over, Means more consolidations...
I don't want to promise you the moon as some wish and I do too, but we have to be realistic and trade smart.
Please Trade at your own risk.
HBAR next possible moves?So HBAR hasn't made the fifth wave as I was supposing.
Right now it is also crossing the 20MA.
What to expect now??
1, Green line
- we could see a bounce from the long trend line...
2,Orange one
- We could break the line and test is as a resistance with a bounce from a resistance level at 0.25.
3, Red line
- It could also be forming double top pattern which is super bearish.
- If we break the resistance at 0.25 we could possibly drop even lower to last resistance point around 0.11.
HBAR has 20% short potentialHEDERA HASHGRAPH looks interesting today! If we successfully break the channel and confirm above 0.36, we might have another 20% increase in short time. If not, we will hit the weekly support again.
