Signs of an Impending Move for Hedera vs. BitcoinAround June 19th, we broke out of a daily falling wedge (shown above), and again around end of July we broke out of a weekly falling wedge (not shown). Since then Hedera has started a pattern of consolidation within a very tight range, just above support, and below resistance. Measured wedge targets take us right at previous ATH (candle close), and a more liberal 2X target takes us above our all-time highest wick.
Each of these provide confluence that Hedera is gearing up for a move.
So, look for us to break out of the small range that we've been in for the last several weeks.
And, even if that becomes a break below the consolidation range before it breaks above, it could still act as a fulcrum for pivoting to a significant move up.
What we don't want to see is a loss of support (green box) that holds.
Hedera
HBAR to Make Major Moves vs. ETHBroke out of two falling wedges. Measured targets for the smaller wedge line up closely with the first measured target for the larger wedge. Fib levels also show confluence with these levels.
HBAR charts vs. USD and BTC pairs are linked below under Links to Related Ideas
HBAR Ready to Rise for the 3rd TimeHBAR broke out of a falling wedge on its weekly chart a couple of months ago. It has since held above weekly support, and well above the wedge. If there is another dip prior to continuation, I could see it test the top of the wedge, near the bottom of support. However, if we lose support and close below the top of the wedge, this idea becomes invalidated.
Measured targets / fib levels:
-- TP 1 - 599-605 sats
-- TP 2 - 734-744 sats
Some confluence to support this idea:
-- Chart VWAP, with the full chart in view, wants average price to be near the top of the resistance area shown.
-- Zooming in to view the falling wedge moves the chart VWAP to line up with TP 1 as well (see chart snapshot below).
-- TP 1 lines up closely with our 0.618 fib (within 6 sats), where fibs are based on the previous move from trough to peak.
-- TP 2 also lines up closely with our 0.786 fib (within 10 sats)
-- RSI has bottomed out, slightly higher than our previous bottom, and it shows similar movement to the last two moves from bottom, theorizing that each in a series of 3 (assuming we've begun our 3rd move) has a consolidation period that begins closer to its initial impulse, and consolidates for a longer period each time.
-- Stoch RSI has also bottomed out and then reached top, also showing similar movement, and also theorizing that each in a series of 3 (again, assuming our 3rd move has begun) has a longer consolidation period between peak 1 and 2.
Zoomed in view of falling wedge and Chart VWAP lining up with TP 1:
Thanks for hearing my thoughts, please leave your own in the comments below. If this move does play out, I think it'll become highly likely that we see a new ATH before seeing any long-term bearish movement again. There is a linked idea for the HBAR/USD pair below under Link to Related Ideas, or here:
-dudebruh
$BLZ/USDT 1HRswing traded this couple times, first time used tight stop loss but got wicked out of the trade for it to pump right after, scalping now for quick long, Target for take profit is 0.15640, with a more liberal stop loss. as this can move fast in either direction, support and resistance lines drawn , as well as fibs for reference,
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 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.
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** 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.)
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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: