Hbar possible another entry when BTC will drop to 16k
Based on my previous ideas I'm patiently wanting for another solid drop of BTC. Hbar price in USD is 16c while I am writing. HBAR/BTC is holding 500 and it can stay like this for some time I assume. I would not be surprised when it would actually go above 600 and further.
I see potential for price to drop below 10c or maybe below 5c, which would be great opportunity to go long here.
Last week USD got stronger DJI went down and didn't breach 35k number.
Stronger dollar DJI going south is good indication that BTC price will go down soon.
Hederahashgraph
HBAR / BTC - Ready for the Next Move UpOur trend line has acted as a pivot for the last 3 moves, each time we found a bottom, twice, which ended near the trend line, and followed with a significant move up. Assuming this occurs again and we don't break below the trend line, we can expect a move to ~1000 sats, possibly as high as 1125.
Close below the trend line on the daily invalidates the trade. Possible outcomes of a break below the trend line are:
- repeating pattern idea:
- triple bottom vs. btc (or a giant HSi may form)
Chart from this post is Heiken Ashi daily chart, levels were drawn using multiple time-frames, main trend line is drawn from daily candlestick. Targets are chosen via double bottom projection and fibs.
2 Hour Candlestick Chart zoomed in:
Daily Candlestick Chart, also zoomed in:
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.
🆓Hedera Hashgraph (HBAR) June-7 #HBAR $HBAR0.22$ zone is a reliable support zone that could generate a new rally up to 0.26$, 0.34$ or even 0.4$ zone in this June. But if HBAR loses this zone, the next support that we should pay attention to is 0.18$ zone
📈BUY
- Buy : 0.215-0.225$. SL if B
- Buy : 0.255-0.265$ if A. SL if B
📉SELL
- Sell : 0.255-0.265$. SL if A
- Sell : 0.335-0.345$. SL if A
- Sell : 0.39-0.41$. SL if A
♻️BACK-UP
- Sell : 0.215-0.225$ if B. SL if A
- Buy : 0.175-0.185$. SL if B
❓Details
🕯Timeframe : 1 Day
📈Red Arrow : Main Direction as BUY and SELL section
📉Blue Arrow : Back-Up Direction as BACK-UP section
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
🅰️A : The Close price of candlestick is Above the zone
🅱️B : The Close price of candlestick is Below the zone
LONG HBAR/USDTWhat Is Hedera Hashgraph (HBAR) ?
Billed as the "trust layer of the internet," Hedera Hashgraph is a public network that allows individuals and businesses to create powerful decentralized applications (DApps).
It is designed to be a fairer, more efficient system that eliminates some of the limitations that older blockchain-based platforms face — such as slow performance and instability.
It was funded through an initial coin offering (ICO) in August 2018 and first launched open access to its mainnet just over a year later in September 2019. As part of the ICO, investors were able to purchase the platform’s native utility token (HBAR) at the lowest possible pricing.
The HBAR token has a dual role within the Hedera public network.
First and foremost, HBAR the fuel that powers Hedera services, such as smart contracts, file storage and regular transactions. Second, it's used to help secure the network, since HBAR users can stake their tokens to assist with maintaining the integrity of the platform.
HBAR / USD - Should Make a 5th Breakout Attempt SoonHBAR has tested the top of its resistance area 4 times now, and as we know, the more times we test an area, the more likely we revisit and eventually break through. One thing of note is that our 4th test didn't have as much momentum behind it as did the previous 3. This could be seen as a sign its weakening, but I don't think that is the case here.
Instead, we've dropped down again to really bang on support for our 3rd test of support, one of which wicked down lower than we have before, but hasn't been able to break through.
I think the current situation we're in now will provide the momentum needed for a 5th and final test that leads to our long-awaited break out.
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 Breakout ImminentHBARBTC has been consolidating in a falling wedge over the past 2 months, retracing nearly 36% from its prior rally (as of May 10).
This consolidation pattern corresponds to wave (iv) (corrective) of an 12345 impulse structure, so I expect HBAR to rally to new highs upon breaking out.
The On-balance volume and MACD DEMA are exibiting positive (bullish) divergence, while the RSI is exibiting hidden divergence.
Furthermore, the Stochastic and Sotchastic RSI are oversold and about to cross bullish. The last time this happened, HBAR rallied nearly 30% over the span of 7 days.
HBAR / BTC - Beautiful Bull Flag FormationMay drag out further than shown above, but looks like we're gearing up to break through all-time high (top two yellow lines and area in between). Monthly + Local support is green rectangle, Local resistance is red one.
This was our 2nd major move up after double-bottoming on the all-time chart, we should expect a third and it should be one of the larger of the moves. A break below monthly support invalidates this idea.
Hedera HashgraphThe price is drowning a triangle lately.
Normally, we open positions when the price breaks that triangle. Doesn’t matter on which way we break it. But in cryptocurrency markets we cannot open short positions in bull market. Course of volatility and leverage hunter whales.
Remember we are still riding on a bull.
Hedera is a family member of Ripple as I remember.
You can always look on CoinMarketCap’s profile.
Their website : hedera.com
The FUTURE of HBAR As you can see, HBAR has struggled to maintain its demand levels even when BTC was consistently uptrending.
Although this token can be considered as a good long-term opportunity because of its "Hasgraph" technology, it can be affected by the low quantity in circulation. The HBAR team publishes monthly reports with the dates of the respective token unlocks.
The massive gains it has made since its ICO in 2018, could produce big waves of sales in the mid-term until new investors determine its future value.
At this point, it is in a situation similar to the analysis we did of GRT. We could have two scenarios, if BTC recovers its uptrend, it could boost the capitalization of the entire market, and after the rush of possible sales, we could catch purchases at a good price. On the other hand, if BTC continues to fall and the major Altcoins continue their bull run in the coming weeks, HBAR could be left struggling with its price action.
This is not a recommendation for you to sell, or to place shorts, as we this token as revolutionary in a long-term approach.
Stay tuned in our socials! Check our Crypto Telegram!
Best wishes, Alkaline.
HBAR / USDT - $3 Possible by June 1stThis is just a quick hopium theory, but I do think it's actually a possibility:
If we are in a logarithmic parallel uptrend, the completion of this all-time W pattern has HBAR at 3 dollars by June 1st.
Several notable predictions have had targets of 3-5 dollars for HBAR for this bull run, but could it actually get there this soon?
Interesting ProjectHbar 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.”
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.”