Hederahashgraph
Looking for bullish followthrough for HBARHBAR TRADE.
We had a double top at 43 cents and yesterday hbar found support at the range low of 28 cents. This key level triggered a 36 hour rally bringing price to the .61 fib level of the corrective move from 43 to 28 cents. We are likely taking a red day tomorrow with a long wick here at the daily close. Small head and shoulders on the 1 hour chart supports a red day tomorrow. A break of the neckline confirms it.
Entry is marked in the chart, 0.315-0.305, with a stop loss below the range low of 0.28. Upside targets are as marked.
These targets are not my long term targets, but good opportunities for a trade, or taking some risk off after private sale.
*not investment advice*
Hedera Hashgraph - What's next for HBAR?If you haven't been living under a rock this bull run, you'd know that HBAR has been one of the most talked-about coins since its initial move up at the start of 2020. Currently, we stand at a crossroad. After rocketing 400% higher than the previous all-time high there are fears that HBAR might be running out of steam.
Bullish:
- Coin has been ranked number one on social blade multiple times in the past months and in the top ten literally dozens of times.
- Near perfect fundamentals: UK hospitals have been using HBAR to track the coronavirus vaccine, holocaust museums have been using HBAR to store survivor testimonies in the blockchain and they are rumoured to be working on the first "digital dollar" with centralised banks and the government.
- Amazing ability to gather public attention.
- Promising future fundamentals as COVID-19 will likely be around for at the very least a year or more to come and many government officials have admitted to be looking into working on a digital dollar that HBAR seems to be working on.
- Managed to avoid a double top drop, showing that the current 0.3 support is very strong and that investors are likely looking to hold HBAR for the long term. Usually, after a double top, we see a wave of panic selling that drops an asset down to previous support.
- The bull market.
Bearish:
- Volume is falling off in comparison to earlier this year, perhaps people are diversifying into coins that are yet to "moon" like HBAR has.
- Falling on the social blade. HBAR has gone from being mentioned in the top ten almost daily to hovering around the top 25. Perhaps this is because as altcoins start to pump left and right people are looking for more promising shorter-term investments.
- Double top (explained above)
- Potential triple top seems to be approaching as HBAR once again bounces off of the 0.3 support, if it does not break through on this attempt, with the dropping volume and weak RSI we will almost certainly see a drop to a previous support level.
HBAR could either somehow gain the volume (potentially via a new announcement) to push through the resistance and conduct a successful R/S flip (red arrows). Or we could see a triple top as HBAR fails to break through, after this investors would most likely lose some faith in the short term and we would see a sell off to previous support (orange arrows). Personally, I slightly favour the bearish scenario, however, it is impossible to be decisive, I would recommend not buying until we see a confirmation of a R/S flip above this resistance and not selling until we see a break below the support.
Buy big sell BIGGER - Megawhale
hbarSince the rectangle confirms the trend and the trend is bullish, we expect that with the price climbing to the ceiling of the rectangle, the collision of five shapes and the rectangle petren is complete. But I have no idea whether there will be a defeat. For now, the first target is the rectangular roof, and in case of failure the second target could be 590.
Warning: This is a technical analysis and I will leave the fundamental analysis to you.
HBAR Bullish Price ActionHedera Hashgraph (HBAR) has been consolidating in a bull flag within a larger trend structure (parallel channel).
It is nearing the lower band of this channel and appears ready for another leg up.
The Stochastic RSI is oversold and has just crossed bullish, and the double exponential MACD is flashing a buy signal.
Given that the falg extends outside of the trend structure, I expect HBAR to break out of consolidation on its next test of the upper flag resistance.
If it repeats the same rally it did in March, we could see $1 before a significant correction occurs.
HBAR/USDT Technical AnalysisI have been stunned by Hedera and its performance and the fact that it has not been going up as much as I thought to have believed. That being said, I have not yet done technical analysis on hedera. I am currently invested in $HBAR. I think hedera is the future, and it will pave the way for new cryptos. This is not one of those coins I like in the future. I usually do a spot trade and hodl as this is an excellent long-term investment as $HBAR is one of the many few that will still go up during a bear market.
As stated, "Hedera is unique in that it achieves the same result as the most public blockchains (such as Bitcoin or Ethereum), but in a way that is faster, fairer, and more energy-efficient, stable, and secure — these advantages can be attributed to the underlying Hashgraph algorithm and the global enterprise governing body, which owns and operates Hedera today."
What do you guys think about HBAR? Is it the future? 🚀🚀 What coin should I do next? ₿
HBAR a project for which the world's giants stand. 🚀We have been studying this HBAR for a long time, the foundations of this coin are impressive. The world's giants are behind it - google , boieng, lg and many many more. So if this project is from top100 and it has one of the best foundations and strong support from the richest companies, what could go wrong? :)
Our subscribers are happy that they know about HBAR from many weeks and now they are on +100% profit (in btc ). 🚀
We also have huge bag of this coin and we are still strongly bullish .
🚀 This coin is on our golden long-term altcoins list. It may be very good project for long term investment.
❎ No TP for long-term investments. We can`t predict exact altcoins targets in long term, but thanks to our experience and glassnode we are able to predict exact bitcoin targets. Our long-term strategy is just to hold these altcoins until glassnode indicators will say us that we are close to end of bullrun. And then we will sell everything in 15% parts.
✅ Bullrun is easy. Just accumulate coins from our golden list (long) and play with our signals (short). Diversification is the key to success.
HBAR a project for which the world's giants stand. 🚀We have been studying this HBAR for a long time, the foundations of this coin are impressive. The world's giants are behind it - google , boieng, lg and many many more. So if this project is from top100 and it has one of the best foundations and strong support from the richest companies, what could go wrong? :)
Our subscribers are happy that they know about HBAR from many weeks and now they are on +100% profit (in btc ). 🚀
We also have huge bag of this coin and we are still strongly bullish .
🚀 This coin is on our golden long-term altcoins list. It may be very good project for long term investment.
❎ No TP for long-term investments. We can`t predict exact altcoins targets in long term, but thanks to our experience and glassnode we are able to predict exact bitcoin targets. Our long-term strategy is just to hold these altcoins until glassnode indicators will say us that we are close to end of bullrun. And then we will sell everything in 15% parts.
✅ Bullrun is easy. Just accumulate coins from our golden list (long) and play with our signals (short). Diversification is the key to success.
HBAR a project for which the world's giants stand. 🚀We have been studying this HBAR for a long time, the foundations of this coin are impressive. The world's giants are behind it - google, boieng, lg and many many more. So if this project is from top100 and it has one of the best foundations and strong support from the richest companies, what could go wrong? :)
Our subscribers are happy that they know about HBAR from many weeks and now they are on +100% profit (in btc). 🚀
We also have huge bag of this coin and we are still strongly bullish.
🚀 This coin is on our golden long-term altcoins list. It may be very good project for long term investment.
❎ No TP for long-term investments. We can`t predict exact altcoins targets in long term, but thanks to our experience and glassnode we are able to predict exact bitcoin targets. Our long-term strategy is just to hold these altcoins until glassnode indicators will say us that we are close to end of bullrun. And then we will sell everything in 15% parts.
✅ Bullrun is easy. Just accumulate coins from our golden list (long) and play with our signals (short). Diversification is the key to success.
HBARUSDT (HEDERA HASHGRAPH) - POTENTIAL BREAKOUT ANALYSIS 🔎
- HBARUSDT is printing a falling wedge (FW) pattern.
- A falling wedge pattern is a reversal pattern.
- A bullish pattern to be precise.
- RSI is printing a bullish divergence signal (BDS).
- There's a breakout potential.
BUY ENTRY ⬆️
- Breakout above the falling wedge's resistance.
TARGETS 🎯
- Horizontal resistance level (R1).
- Horizontal resistance level (R2).
- Horizontal resistance level (R3).
SETUP INVALIDATION ❌
- Breakdown below the falling wedge's support.
HBAR / USD - The Parabolic RoadHedera Hashgraph has found itself in a logarithmic parallel channel after breaking out of a linear one recently (see previous idea linked below). Short of a market crash occurring (possibility does exist), I expect continuation of our bullish momentum, for quite some time. Above are a several potential paths I think it could take from here, including the bearish scenario that I think is less likely.
Let's see what actually happens, and please share your thoughts and ideas as well.
Thanks for reading and discussing!
Mr. Dudebruh
HBAR Running Flat - 1 more down?HBAR presenting one last chance of a fall before next impulse.
ABC correction -
>B wave forming what looks to be a running flat.
>A Wave and C wave of equal measure in price and time
>Demand sitting once the pattern LOW is broken coinciding with volume profile price strength
>Volume has completely dropped off during the B running flat. = Sellers are losing momentum
> IF this is not a running flat, WE ARE NOW IN THE NEXT IMPULSE!
HBAR THE ULTIMATE COIN HBAR - Hedera Hashgraph
The ULTIMATE coin.
> Fortune 500 companies in the governing council including IBM, GOOGLE, Boeing, LG to name a few.
> 3 million average transactions per day - 2x more than Ethereum
> Ethereum 100x larger market cap
> 10,000 Transactions per second minimum and forecast to transact 250k +
> Super cheap!
> NOT BLOCK CHAIN!
> 3 -5 second confirmation
THIS IS THE MOST EXCITING PROJECT IN THE CRYPTO SPACE!!!
HBAR / USD - Short-term Bullish & Bearish ScenariosLong term bullish on this, a short term trading idea. Symmetrical triangle, weak break above it, could go either way:
Bullish: ~52-54 cents (Sell)
Bearish: ~14-16 cents (Buy)
Alternatively, triangle could get extended and/or we could re-test the area we previously broke up from around 24.5-26.5 cents
Hedera Hashgraph quick analysisHBAR just broke out of the upper trendline and is approaching the resistance zone. Can be nice opportunity to enter at the break of current resistance, best TP levels are at 0.4$ and 0.45$, however I'd wait for the break of ATH. Most reasonable SL levels are located below current bottom trendline and below the resistance when broken. Potential bearish scenario is a dip to the support at 0.27$.
Happy trading!
(Not a financial advice)
Saw the drop to .30-.33 - HBAR Could Be Going Higher Per Trend
On Monday morning (11:00am) I posted to my Twitter account (OTRWithPeanut) that we could see HBAR retrace back to the .30 to .33 cent level. The price was at .41 cent. What the chart was telling us clearly didn't lie.
I now see that a possible upward breakout may be about to happen by tomorrow morning around 7am. Keep in mind that we may see the price continue to slide to the support line until then.
This is not financial advice, I simply post these charts for my own personal development & documentation. Always do your own research.
Thoughts?
HBAR.BTC (Y21.P2.E1).Cradle setup Hi Traders,
A cradle setup on the 4 Hrly with MACD convergence.
I believe BTC will find this current level as strong support so no surprises to break this setup.
How to trade this?
On the 1 hour, use the 13/50 ema x over as a confirmation tick in the box and
possibility the MACD cross over as well.
The closure of the 4 hrly bullish candle should be sufficient but I like looking at the lower time frames to get a feel for what's going on.
Ideally I would have liked the pullback a bit more deeper to one of these fib levels, so this part is the only thing that doesn't sit well with me.
Note, the blue ema's are the 10 and 20 on the 4 hrly.
All the best,
S.SAri