Hedera
HBAR looks to be forming a nice Cup & Handle pattern!HBAR has been on an absolute tear as of late, but it appears that the momentum is slowing. If it does, it is likely to pull back deeper into the wedge pattern and is also likely to form a 'handle' pattern to accompany the cup it has now formed. This would be a great opportunity to short as the handle forms and go long once it has bottomed and the price action breaks out, finishing the pattern.
Good luck, and always use a stop loss!
HBAR BREAKOUT APPEARS IMMINENT! A major breakout appears to be imminent for HBAR! If you’ve seen the most recent HBAR chart I posted, you'll notice that HBAR is now at the very bottom of the handle in a 31-month Cup & Handle formation on the weekly and daily charts. Additionally, HBAR has formed and broken out of a very promising inverted head and shoulders pattern on the 1-hour, 2-hour, 3-hour, and 4-hour charts, and is currently retesting the neckline as I write this article. It is also near the bottom of the wedge pattern and very close to the previously established low range on the chart.
I believe we are about to see a significant breakout in the next few days, which could lead to a period of notable price appreciation in the short term. With the Cup & Handle pattern I’ve identified, this trend could continue over the next year as well.
Good luck, and always use a stop loss!
HBAR is forming a MASSIVE 31 MONTH Cup & Handle!For the past 31 months, HBAR has been forming a massive Cup & Handle formation on the daily and weekly charts. The Fibonacci retracement levels indicate that we could see a 6x move in the next 8 to 12 months. There are quite a few cryptocurrencies displaying Cup & Handle patterns on longer-term timeframes, which is a very positive sign that we are about to see a market-wide bull run during that period.
Good luck, and always use a stop loss!
Repeating Pattern Idea for HBAR Daily ChartLooks like we're repeating the same pattern that we did before the last leg up that moved from 4 cents to 10.
May not actually play out exactly the same, so timing a move up to Sept or November isn't necessarily what will occur.
That said, if this idea is correct - we've already gotten the LL and a re-test of the previous HL.
So, when we finally break out and hold above the area of that HL, expect the move up to begin - regardless of whether we re-test the LL a 2nd time, which hasn't yet occurred this time.
$HBAR BULLISH ADAM & EVE PATTERNCRYPTOCAP:HBAR on TF1W looks bullish, currently we are retest EMA21 support and previously prices get boost to 100%++ after retest EMA21 support. besides that currently CRYPTOCAP:HBAR showing bullish ADAM & EVE chart pattern, hopefully this chart pattern will valid and price boost UP in couple weeks. #DYOR
HBAR 30c incomingAfter the blackrock breakout and the ETH maxi FUD bringing us back to earth, she looks fully reset and ready to run.
Only a matter of time till the trade is complete to 28/30c, and as these are high retracements on the market cap chart, I am dipping.
One of the best assets in the space, the tech is unrivalled. Maybe not the biggest gains, but definitely one of the safest. Send it
HBAR Trading ScenarioWe're looking at how the price of HBAR has been moving recently.
After dropping to a low of $0.0666, it bounced back up to $0.1818. The growth was more than 170%. Then, the price dropped back down to $0.0903. Right now, the asset price is trying to strengthen.
As for now, the market is showing that sellers are in control, so we can probably expect the HBAR price to keep dropping. If you're looking to get in on this, you might want to consider buying when the price touches the 200-day moving average or when the volume level POC declines.
HBAR testing previously resistance turned support - LONGIn a bull market, we can have x150 but ONLY IF you can survive 30%, 50%, even 75% drops
If not convinced, just check out the huge pull backs during DOGE's last bull market.
Now, it means that IF you survive, you WILL make money.
Don't use too much leverage & Don't FOMO. Simple & Easy
HBAR / weekly
It is HEALTHY that we are re-testing the green zone which was red (resistance) for 2 years.
And it is still more than +200% up since the lows in late 2022.
Relax & BTFD
RED is for buying! gotta bet on this one! Afternoon fellas,
Figured I'd come back with another one during these red days...
Pumped the other day and I did sell some. But looking into this setup following up the previous pump.
This post is also a follow-up from the previous post. Check it out!
Trade thirsty.
Hedera Foundation Token $HBAR Token Surged 96% Hedera's CRYPTOCAP:HBAR token has experienced a whirlwind of activity, soaring by 96% within 24 hours on the heels of a misinterpreted announcement regarding BlackRock's involvement. While excitement surged over the tokenization of a BlackRock money market fund on the Hedera blockchain, clarifications soon tempered the frenzy, leading to an 18% drop in CRYPTOCAP:HBAR 's price.
Misconceptions and Reality:
The catalyst for CRYPTOCAP:HBAR 's meteoric rise stemmed from a misinterpreted announcement by the HBAR Foundation X, suggesting a partnership between BlackRock, Archax, and Ownera in tokenizing a BlackRock fund. However, subsequent clarifications revealed that BlackRock was merely aware of the move on-chain, with Archax taking the initiative to tokenize BlackRock's ICS US Treasury Fund. The discrepancy between perception and reality underscores the importance of clear communication in the crypto space to mitigate misinformation and prevent market overreactions.
Community Reaction and Clarifications:
Crypto influencers and industry observers initially seized upon the announcement, believing BlackRock's direct involvement in the tokenization project. However, voices of skepticism, including Cardano Ghost Fund DAO founder Chris O'Connor, highlighted the need for accurate interpretation and cautioned against premature conclusions. Clarifications from Archax co-founder Graham Rodford shed light on the nature of the collaboration, emphasizing that all parties involved were aware of the tokenization initiative, but BlackRock's role was limited to awareness rather than active participation.
Market Volatility and Long-term Prospects:
HBAR's rollercoaster ride, marked by a surge followed by a correction, underscores the inherent volatility of the crypto market and the susceptibility to speculative fervor. Despite the setback, HBAR's price remains elevated, reflecting sustained interest in the token and optimism surrounding its potential. The recent approval of significant funds for Hedera network development further underscores the platform's commitment to growth and innovation, laying the groundwork for future advancements and ecosystem expansion.
Technical Outlook
CRYPTOCAP:HBAR token is still poised for a reversal trend despite dipping by 18%. The crypto asset is trading with a Relative Strength Index (RSI) of 60.70 giving room for further surge or price consolidation.
Hedera HBAR price artificially "pumped", wait a minute..and readYesterday, on 23 April, HBAR Foundation, the company that developed the #Hedera blockchain, tokenised the US Treasury Money Market Fund (MMF) from BlackRock.
After this "announcement", the CRYPTOCAP:HBAR token grew by +125%.
Based on the "announcement," the crypto community decided that BlackRock had entered into a partnership agreement with Hedera. This was indicated by the attached pictures and videos with company logos on Twitter.
However, BlackRock did not take any part in the MMF tokenisation. This "coincidence" caused confusion on social media and a good sharp #HBARUSDT price pump
Personally, we would not buy HBAR now, but would wait for confirmation. If this is not a well-planned manipulative "coincidence" but a real event, then the #HBARUSD price should not be fall below $0.08-0.09
You can buy HBAR there, of course, if you believe in the prospects of this project, with expectations of at least x4-x5 growth.
P.S.: you need to prepare your psyche and critical thinking for the bull run 24-25)
Because in 2017, "such" tweets came out almost every day and kindly pumped various coins.
Hbar just hit the breakout target of the teal channelAfter the bullish news connecting hedara hashgraph with blackrock hbar saw a massive bullish impulse today reaching the full breakout target of this teal channel and then some. If it does an inverse Bart move here expect it to go considerably higher but for now the initial target has been hit so pullbacks, corrections, or consolidations are always possible before the enxt leg up. *not financial advice*
HBARUSD: Massive +40% surge but there is more coming.HBARUSD turned bullish today on the 1D and 1W timeframes (RSI = 62.233, MACD = 0.011, ADX = 37.310), at the time of this writing at +37% but this might not be the end of this bullish sequence. The 1W RSI is only testing the MA line and the price itself is testing the 1W MA200. Having been rejected there in March and failed to close a weekly candle over it, if it does this time, we expect the Channel Up to break upwards and target the 0.618 and 0.786 Fibonacci level successively.
The fact that this rebound is taking place after the 1W MA50 was tested and held, makes an even stronger bullish case for breaking higher. Basically, the price has been between the 1W MA200 and 1W MA50, essentially the 0.5 - 0.236 Fib Zone. We turn bullish long term on Hedera, aiming at the 0.786 Fib (TP = 0.31000).
See how our prior idea has worked out:
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Hedera: Buying Opportunity & Our Limit Order Set!Having observed sufficient weakness in the market today, we are ready to place a limit order for Hedera. We've decided to set our limit order at the 38.2% retracement level, primarily because we are already close to the level of Wave 1. However, it's essential to note, from a realistic standpoint, that theoretically, Wave 4 should not drop into the level of Wave 1. While we allow for wicks and such, acknowledging the fast and volatile nature of the cryptocurrency market, this might be a concern for other analysts, but it's not an issue for us. We will place our entry at the 38.2% extension level and set our stop loss just below the 50% retracement level, which is indeed deeper within Wave 1. We aim to avoid being stopped out due to a potential break here. Our target for Wave 5, depending on where Wave 4 concludes, anticipates a rise above the level of Wave 3 at 14 cents.
Hedera ($HBAR) I am anticipating a range breakout to greenHbar is consolidating inside of a macro range and has been for 3 weeks now.
This is not a bad thing, it's good in fact. It was recently broken out of a major resistance area at 0.09 (give or take), which is major and now all price is doing is consolidating right above.
Preparation for another leg up imo.
Green is target, but expecting higher (point of breakdown area denoted to the left of the chart).
Levels above for future reference, but not relevant right now.
Cheers,
vatsik