Hedera | Reversal Candle Explained (185% Potential Profits)We have two candles marked on this chart, 5-July and 18-June.
The 5-July candle is a hammer and when it shows up near support it can signal an upcoming reversal.
Notice that this candles wick hit below the 18-June candles low, that is 0.0581.
It hit lower at 0.0550 but the close happened at 0.0617.
So the 18-June low holds as support which can lead to higher prices.
On top of the reversal candle we can notice EMA300 and MA200 starting to trend downwards.
When you see these indicators trending down coming from above, prices tend to shot up in the direction contrary to the moving averages.
We also have the low 12-May followed by a lower low on 18-June, a pattern that is also present in many altcoins that have grown two to three digits in a matter of days.
For traders, this is a very good chart setup.
The risk is very low, around 15%.
The potential rewards very high, over 100%.
If we lose, we lose small.
It is ok, we can take a loss, it is normal in this type of busines.
If we win, we win big.
That's perfect, that's what we like.
Namaste.
Hedera
Hedera Hashgraph (HBAR) formed big Cypher for upto 2639% rallyHi, dear friends, hope you are well and welcome to the new trade setup of the Hedera Hashgraph (HBAR) coin.
Previously we had a nice trade of HBAR in the short term:
Now on a monthly time frame, HBAR has formed a bullish Cypher pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
HBAR - Alternate Idea: Bear before BullI'm bullish on HBAR long-term, most of my charts for it are also bullish. But, I also like to check myself, and this is an alternate idea where we drop before we pop.
If HBAR fails to get and stay back above 710-740 sats from here, or loses the area around 531-567 sats prior to reaching ATHs again, then I imagine we might drop and make a final test at the bottom of our support (old resistance that was flipped back in March of 2021), which would be somewhere around 393-397 sats (or more conservatively 380-400).
If we succeed in holding that support, then a giant inverted head and shoulders pattern comes into play, and we could see higher targets vs. btc than those targeted by the double bottom targets I've posted in the past.
Let's see what happens here. Remember, we need to stay above 531-567 and we need to get and stay above 710-740 sats if we want a bull move now, otherwise this starts to become more likely and we'll probably see sub-400 sats get touched briefly before a massive bull run to new ATHs.
See links to related ideas below that are more immediately bullish.
HBARUSDT, Is moving toward the analysisHello everybody
According to our last analysis of HBAR you can see after the price broke the support trendline the price was ready to start its their drop and exactly happend and now as you can see after the price re-test again the key point level and it has low power to break it it has ready to dump more to the prz level that we shown on chart and in there zone it can be supported and be ready to move more upwrds.
Draw plan, Do it exactly, Be your own hero
Good Luck
Abtin
Previous analysis :
Hedera (HBAR) - April 9hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Like".
Have a nice day.
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(HBARUSDT 1W Chart)
Above 0.16: Expected to create a new wave.
(1D chart)
(buy)
- After confirming that it is supported above 0.2160
- After confirming the support at 0.2361
(Stop Loss)
- When it falls below 0.2044 and receives resistance
(Sell)
- When resistance near 0.3
- When receiving resistance near 0.3627
A move above 0.3627 is expected to trigger a sharp move.
------------------------------------------------------------ -----------------------------------------------------
** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator will move accordingly as price and volume move.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-O and MRHAB-B indicators used in the chart are indicators of our channel that have not been released yet.
(Since it was not disclosed, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.)
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
---------------------------------
HBAR working on its 7th consecutive green candle. It is overdue for a red daily candle, but its pump thus far has been impressive. The yellow horizontal trendline represents the neckline of the double bottom pattern the price action is currently painting. Odds are good it will trigger this double bottom in the near future but I anticipate a slight pullback prior to that. Of course it could defy that probability and continue to just churn out more green candles but odds of an overdue pullback occurring are likely. In the medium term I think it will trigger this double bottom soon enough. First things first it needs to maintain the 1 day 50ma as solidified support. *not financial advice*
Hedera (HBAR) - March 22Hello?
Traders, welcome.
If you "follow", you can always get new information quickly.
Please also click "Like".
Have a good day.
-------------------------------------
(HBARUSD 1W Chart)
(Full: )
The move is deviating from the previous trend, but if it finds support near the 0.20491984 point, I would expect it to move above the 0.29992521 point.
Resistance section: 0.36030279-0.39589452
Support section: around 0.12789479
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(HBARUSDT 1D Chart)
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(HBARBTC 1W chart)
0.0000 0313 - 0.0000 0398 or higher: expected to continue uptrend
If the price is maintained above the volume profile section formed in the section 0.0000 0398 - 0.0000 0523, it is expected to create a new wave.
------------------------------------------------------------ -----------------------------------------------------
** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator will move accordingly as price and volume move.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-O and MRHAB-B indicators used in the chart are indicators of our channel that have not been released yet.
(Since it was not disclosed, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.)
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
---------------------------------
ETH/BTC at lower part of the range (Buy setup)ETH/BTC at lower part of the range (Buy setup)
Context :
Etherum is evolving wit h a clear outperfomance versus Bitcoin since the end of 2019. This ETH outperformance trend is since the last past 9 month in a pause within an ascending range (Yellow). Regarding the wave structure composing the ascending range we can conclude that the pattern is now or about to be finished and show an opportunity to catch a new significant bullish dynamic by anticipating a bullish breakout from this structure and at least a test of the previous top area in a common part scenario (Last upside leg before consolidation)
+> NEws flow : More and more article are speaking about ETHV2 , it is more than probable that ETHV2 will be full operational one day but many people into blockchain tend to say it will not be for this year maybe.... So take care... buy the news yes but the technologie can take time to be released. Also Many regulation and supervisor are banning the POW mecanism in oreder to eraze the consequence of the mining so we can't ignore that ETHV2 will be not operational before a ban of the POW from many juridiction..... (Time to check HBAR : Hedera Hashgraph which offer a significant alternative in this context)
Key Elements:
- lower part of the ascending range is support
- 233EMA is support whil the shorter period are mixed (Range config)
- an ongoing divergence on RSI can be highlighted (bearish momentum exhaution)
- Fibonacci multi level at 0,0595
Tactical View 3 to 9 Weeks
Last upside leg - As long as 0,0595 adjust the weight of the ETH and BTC in the portfolio in order to reduce the BTC exposure.
HBAR is also in a Running FlatSimilar to Bitcoin, HBAR is completing a running flat correction, in an uptrend, and should be expected to revisit ATHs; with a good chance of making higher ATHs.
We need our monthly lows to continue closing above 19.5 cents to confirm, and we need the overall market to hold up (BTC continuing in a running flat correction as well).
A couple of positive confirmations we can see that this is the case, now:
1.) Wave B retraced more than 100% of Wave A
2.) Wave C retraced less than 100% of Wave B, and stopped exactly at the 100% trend-based fib extension
3.) The most common relationship between waves A & C is 1:1, on the monthly we are less than 2% shy of exactly 1:1 (very good)
For more confluence, see the links to related ideas below. HBAR's BTC and ETH pairs look very bullish, and BTC's running flat looks quite similar to this one.
HBAR Running out of Runway, Approaching Golden CrossHBAR / ETH pair doesn't have a whole lot of runway left on the weekly chart here, and we're approaching a golden cross of the daily 50/200 MAs.
A break above the triangle that reaches our 1.5x target would take us to the exact location of the 4.236 fib if this drags out nearly all of the way to the end of the triangle, around April or May.
Either way, it looks like HBAR wants to revisit its ATH, potentially higher vs. ETH. Keep an eye on this one.
Almost Time for HBARIt is very near time for HBAR to exit its Right-angled Ascending Wedge (also called: Right-angled Broadening Wedge). I'm expecting a bullish exit, though the opposite is possible. Everything points to the bull case here, we flipped resistance to support, and we've spent the last year above it, recently making higher lows. Now we have a potential inverted HS on the daily chart here, if confirmed, it would take us right to the top of our RAA wedge.
Our wedge exit target lines up with trend-based fibs, and our HSi target lines up with top of our wedge. We call that confluence.
Even the best charts can still fail, so be wary and be wary of what Bitcoin is doing, but in most circumstances with a chart like this one, we should be able to expect what it's telling us, and it's telling us that it wants to make a significant move up, and very soon.
Related ideas for the HBAR bull case are linked below, two comparisons to other similar bullish moves, and my first post about the RAA Wedge and its targets (weekly view, this is the daily view - but showing weekly trend and 2day trends for our wedge top).
Here's a candlestick view of the same chart, showing the trend-based fibs:
Here's a zoom-in on the potential HSi:
And another:
Hedera (HBAR) - February 17Hello?
Traders, welcome.
If you "follow", you can always get new information quickly.
Please also click "Like".
Have a nice day.
-------------------------------------
(HBARUSD 1W Chart)
(Full: )
It must rise above the 0.2999 2521 point to turn into an uptrend.
Expect resistance in the range 0.3603 0279 - 0.3968 9452.
If it falls from 0.2049 1984 point, you need Stop Loss to preserve profit and loss.
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(HBARBTC 1W chart)
0.0000 0398 - 0.0000 0523 or higher: Expected to create a new wave.
------------------------------------------
We recommend that you trade with your average unit price.
This is because, if the price is below your average unit price, whether the price trend is in an upward trend or a downward trend, there is a high possibility that you will not be able to get a big profit due to the psychological burden.
The center of all trading starts with the average unit price at which you start trading.
If you ignore this, you may be trading in the wrong direction.
Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to be able to regenerate themselves.
------------------------------------------------------------ -----------------------------------------------------
** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume.
However, for convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-O and MRHAB-B indicators used in the chart are indicators of our channel that have not been released yet.
(Since it was not disclosed, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.)
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
---------------------------------
HBAR Breakout!!Hedera is looking very nice as talked about yesterday, we had a bullish breakout of our bullish triangle and another significant now support level at 0.254 cents (USD). Overall its looking like we could be in for a bit more of a run before cooling off for a healthy couple red days, keep in mind Bitcoin is the biggest factor aswell so we need to keep an eye on that for market direction. My thoughts are that we could possibly get up to the 0.2 FIB level before coming back down briefly but then again we could smash right through aswell. Heres why... the bollinger bands, our top band lays directly above our current price action we actually wicked too it today, but if we can get up and close ontop of this top band price action could get some big momentum. Most of the time when we see closes ontop of this top band price action goes for a significant run to the upside, the same applies with the downside. Now lets look at our wavetrend, this is where i start to feel like we could see this bullish wave coming to an end soon, but then again we still could have a long ways to go. We are just breaking through the midline and we are still pointing pretty vertical, we are seeing a slighyt tick down but we are still point up (good sign) the slight curl down makes me believe that the bullish steam is fading away. Now this will tell us more when we get here, but the white resistance line we got rejected at 2 times in a row, we are quickly approaching this level and if we can successfully breakthrough we are looking at a potential run to the top zone!! If we reject or start to curl heavier we could be coming down for brief downside. Now the MACD is looking decent, we are still seeing increasing green bars day after day but our current bar doesn't have much increase from yesterday, this could be a sign of momentum fading and the beginning of a decrease to come! Now i personally hope we see a little downside as i will be DCA more into this project as discussed yesterday! Not financial advice just my opinion!
HBAR formed a big bullish Gartley for upto 210% huge moveHi, dear friends, hope you are well and welcome to the new trade setup of Hedera Hashgraph (HBAR) coin.
During the previous market crash, HBAR formed a big bullish Gartley which I shared as below:
Now during the current drop, HBAR has formed another big bullish Gartley on the weekly time frame once again. There is also 100 SMA moving aggressively to the upside to provide support to candlesticks.
🔥 HBAR Bullish Channel: Bearish PressureBearish pressure is mounting for HBAR, which has been dropping since half October. Furthermore, there's much more downside risk for HBAR for the coming weeks.
HBAR is trading in a huge bullish channel, which exists for >2 years now. I'm looking at the yellow marked area for a potential entry. Be aware that we're only going to reach this area if we see more bearish price action in BTC and the overall stock markets.
Happy trading!
HBAR- consolidation is almost finishHedera hashgraph is in consolidation now for 305 days, since march 2021.
The first consolidation range took more or less 322 days before blasting off to new levels. For all the year 2020 hedera staied in a range between 0,025$ and 0,060$. After breaking out it reached its peak of .45$ in 77 days. It was up a modest 1400% in just two months of crazy PA. This lead to the 2th consolidation period, which hedera is still in.
Surprisingly hbar is still in the same range but up a 10x more:
-1st consolidation; 0,025$-0,060$
-2th consolidation; 0,15$-0,60$
So what can we expect from a new bullrun?
Let's try figure it out.
We can see that from the bottom of january 2020 the price went up and touched an 800% increase at its peak, leading it in the first consolidation range.
From the bottom of january 2021 hbar increased then 1600%. This took us in the range we currently are.
If we want to keep it simple we can say the next time hbar will make a parabolic rally it will probably increase the double of the previous peak. For example:
-1st peak:800%
-2th peak: 1600%
-3th hypothetical peak 3200%
That would take the price to around 4/5$ each token.
We can also notice the increase rate can be 8x more each time:
-1st peak:800%
-2th peak:1600%
-3th hypothetical peak:2400%
That said this not my favourite theory cause it doesent keep the fact that bigger caps will increase less with time. Anyway there's potential in this token so its possible (it's also a very young token).
Fibonacci is another way to predict future peaks and the targets could be:
-0,95$
-1,50$
-2$
That said i dont think hbar will stop at 2$ but when it will reach this target i will be more cautios.
Follow me on twitter!
Here for you, as always, CryptoSoap!
HBARUSD 3 signs that point to a rallyHedera Hashgraph may be on Higher Lows since the December 04 sell-off, showing more promise compared to the market average, but remains under the selling pressure of the Lower Highs trend-line of the November High.
As this 1D chart shows, a very similar Lower Highs trend-line, has taken place during the previous HBARUSD correction in May - June - July 2021. The price however broke above the trend-line after a series of 3 events:
* 1st the 1D MA50 (blue trend-line) crossed below the 1D MA200 (orange trend-line) to form the Death Cross. Even though that's typically a bearish formation, it signaled a bottom on that last May - July correction.
* 2nd the RSI was on a Channel Down that also broke upwards.
* 3rd the Ichimoku Cloud rolled over (squeeze).
The price has currently fulfilled all the above parameters that kick-started the August - September rally. It remains to be seen if the Higher Lows trend-line can hold and push the price above the Lower Highs trend-line. What do you think?
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