HBAR / USD - On Balance Volume Rising Since March.. Last.. YearOn balance volume for HBAR / USD (as well as the BTC pairing) have been rising steadily since March of 2020, when it dipped momentarily following the insane Google news rally.
What do we know about OBV? OBV rising as price falls or remains flat indicates price will eventually rise. We can see that it did exactly that proceeding the Google rally, as price corrected while OBV rose. The end result was a 1300% increase in price in approx 120 days, 1000% of it within 90 days.
Here we are again, a prolonged correction following the last rally, and on-balance volume has continued to increase.
I'm expecting a promising future for Hedera Hashgraph, as compared with Chainlink and early Litecoin, both of which I've done chart comparisons with for HBAR that have so far turned out to show incredible similarities.
See links below to previous related USD and BTC pairing charts, as well as some of my older comparisons with the other two alts that experienced extended growth in the past.
Hedera
HBAR following the BLUE LINEThis is actually blowing my mind. I dropped a few trend lines on the HBAR chart — one that has been support since December 2020, and another one that has been a down trend line since March of 2021. I also dropped a shorter term downtrend line that was in the shorter term, but it isn't relevant yet.
Well, HBAR broke back above the five month down-trend line. I'm happy about this.
It has also followed the blue line that I drew a few days back, and appears to be now dropping with the blue line I drew.
As much as I don't want to see HBAR drop, I can't help to be okay with it as the rest of the blue line suggests that we will be exploding up in the near future.
This is not financial advice. Please do your own research. :)
Hedera finally the real blockchain for real world… few words from person which is watching this market for over 5 years and looking for long term patterns based on fundamentals and utility not the promises of the founders.
I am not going to put any technical tools as they are useless when chart is couple of months old. Technicals are using in grown and harmonic markets.
In 2016 when I got interested in blockchain related topics I found that Ethereum real feature which can be used in near future. There were many ppl teachings how to program smart contracts it really looked like future of payment, electric cars’ payments electric bills etc.
All governed by blockchain which should work perfectly.
There were many projects like ETH lottery etc.
We have mid of 2021 and nothing like this happen. There is a plenty of promises made but nothing really happened. There is no popular eth lottery as far as I am concerned. Eth in current stage is too expensive and slow. I heard rumour that Visa will be using eth blockchain.
Waiting few hours for transaction to went through the network and see like 10% charge for payment is scenario I would expect in current stage of development.
…Friend is telling me from time to time about new crypto coins and it was some time ago he mentioned Hbar. Most of the coins he mentioned never got my interests but this one is a totally different story.
The conclusion I made was that it is quite possible that are witnessing time loop or back in time scenario.
What I mean by Time loop:
Hedera with its possibilities (fast the best security possible and normal price for transaction) sounds very promising like ETH in 2016 but with difference in terms of technology and blockchain awareness.
Like most projects it is backed up by big companies/corporations. When you scroll the list of them you will notice serious companies which to me are in the top in terms of future technologies. These are IBM Google and Boeing.
For time being the coin is on the market for couple of months and it should take 2 years and half to see couple of hundreds spike in value if we will witness same scenario as ETH price surge.
In my opinion it will be 1 year to see some serious movement, also I am looking at Hbar not as the coin to make transactions but rather different form of stocks and the price of Hbar will represent the company itself.
There is no way for me to know the future and current time, but at the same time it is rare to see investing opportunity with such enormous possibility to take big market share.
Scenario here may look like Amazon in 2001 which survived dot com bubble implemented cloud computing and well 20 years later, it is on the top of the market globally.
The founder of the Hedera mentioned in one of his presentation at least once that real project will proof its value when crisis strikes.
I see it as long-term investment and with current market scenario I would slowly buy while price will be going down. It is highly probable that this coin will go up and when it will be in news and forums under the same old phrase
…If you would invest in hedera in 2021 you would be millionaire by now.
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/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/BTC Looking Really Bullish Super bullish on the HBAR/BTC pair in the coming weeks/months. This may take a while, most likely it will not be a 100% pump type of move. It looks like HBAR is now in an upward trend versus BTC, and I think this outperformance in terms of USD will continue for a while.
HBAR Bullish Cross-over, Support Formed, Ready for Launch...What's up everyone, So Hedera Hashgraph has recently made a bullish signal.
One bullish signal is that we have a bullish cross-over of our EMA's on the 4hr.
Next, HBAR climbed to .40 before falling back down to bounce off it's initial break-out line, forming support.
The SELL BOX's illustrated by the two red boxes on the chart, are only potential places I plan to take profit at this time:
SELL BOX 1: .51-.53
SELL BOX 2: .70-.72
Again, these are only temporary profit taking points right now and are subject to change as we see the market play out a little more...
Note: for best and safest practice, wait for an hour candle close above .34 (Dashed red line), before entry. :)
Hedera HashGraph => The Best Blockchain ! - Huge rise expected !Hedera Hashgraph - Technical Analysis
Context: Hederra Hashgraph is clearly one of the best blockchain built until now.
With a gouvernance combining Google, IBM, Nomura, Standard Bank, Etc.....; and very low rate of energy used to run the network and revolutionary node integrating a KWC check and in the same time able to deliver high volume of transaction with high speed rate.... The massive adoption is soon.
Also Hedera is really focus on its DLT compliance and will provide a network which stick to the inquiries of all regulator (US included).
Tactical Horizon (1 to 3 weeks)
As long as 0,23/0,30 remains support a direct rise towards 0,90 before 2,10 is expected.
Key Element
MM 55 & 144 are support
RSI is on Key support above 42
ELLIOT WAVE : (not included on chart) however there is a clear Wave III in progress with significant potential.
Conviction => Strong view
HBAR/BTC Confirming my outlook?I originally posted an idea about HBAR/BTC possibly seeing all-time-highs in the near future.
I said that I would be watching for the 0.00000575 level, and at the time of me posting my other idea it was in the 0.00000540 range.
Currently, it stands at 0.00000550, with no signs of stopping. I am still watching for the 0.00000575 level for confirmation/entry, but I believe we are setting up for a beautiful upside with the current levels as support.
What do you think?
HBAR/BTC Breakout Coming?Hedera Hashgraph (HBAR) has massive potential against BTC in the coming days/week. Its ATH versus BTC is around 0.00000850 BTC for 1 HBAR.
It currently stands at 0.00000540. However, based on a wedge that has been building up in this pair, we could soon see it around 0.00000600 HBAR/ BTC , with no upside limit after it breaks out of this channel. I cannot post images as my account is new :(
I am watching to see if it breaks 0.00000575.
Let me know what you think!
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.”
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. 🙏
HBARWithin the next week or so, probably between the 14th & 19th, we should see some sort of move up/down as we close in on the end of this wedge.
My guess is that we move up now that BTC has moved to a new ATH today.
This is not financial advice, I simply post these for me to reference later on.
:)