HEDERA HASHTAG LONG SETUPHello everyone, if you like the idea, Please support with a like and follow.
After the big previous pump HBARUSD has been trading sideways and has now formed a Bullish Pennant Pattern, if price can break through and hold we can start looking for buying Opportunities.
Stay Patient and wait for Confirmation.
Hederahashgraph
HBAR / BTC & USDT Pairs - Breakout - Target 19-30 centsHedera Hashgraph has broken out following a double bottom on the weekly chart, a breakout and a bull flag.
Today the Hedera Token Service launched, opening competition with Ethereum in the Defi space and competition against all other competitors in the space, including CBDCs, cryptocurrency, DLT, Smart Contracts, etc.
Additionally:
- a rare sneaker service, called INIFITE by SUKU made the switch from ETH to Hedera Token Service for their non-fungible tokens and estimates an 8000% savings in token creation costs
- DLA Piper, an interational law firm is helping enterprises better issue tokenized assets through their platform TOKO, which runs on Hedera Token Service
- Calaxy is preparing to scale its Creator tokens to support millions of users via the Hedera Token Service
Also:
- An early warning air strike system in Syria is running on Hedera
- Tracking of Covid vaccinations in UK is running on Hedera
- Steven Speilberg chose Hedera to store Holocaust survivor testimonies on the "blockchain" (or digital ledger, to be more precise)
HBARBTC going up to 300-500 sats and maybe higherNot Financial Advice. HBARBTC had a lot of hype at the beginning of alt season a couple weeks back. Now retail seems to be distracted by doge and other current shitcoins on the menu. Take this time to cop the cheap bars from retail as they lose focus and take minimal losses =]
Hbar Gearing Up For A Big MoveThis project has multiple Fortune 500 companies on it's board and they are likely to announce more council members announced soon. Hedera currently has the most transactions per day out of any crypto with a daily average of 3.5 million transactions. They are currently approaching a milestone of 500 million total network transactions. I believe this DLT is going to be huge this year and now looks to be a good time to get in.
This is my first post on Tradingview so if you could give me a like it would be appreciated.
Remember this is only my formed analysis outlook. Research the project for yourself, as this is not an endorsement or recommendation to buy or sell.
💡 Don't miss the great buy opportunity in Hedera HashgraphTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.0775). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. Hedera Hashgraph HBARUSDT is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 85.
Take Profits:
TP1= @ 0.1100
TP2= @ 0.1250
TP3= @ 0.1374
TP4= @ 0.1661
TP5= @ 0.2118
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex trader ?
Now, It's your turn !
Be sure to leave a comment let us know how do you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
💡 Don't miss the great buy opportunity in Hedera HashgraphTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.0775). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. Hedera Hashgraph HBARUSDT is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 85.
Take Profits:
TP1= @ 0.1100
TP2= @ 0.1250
TP3= @ 0.1374
TP4= @ 0.1661
TP5= @ 0.2118
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex trader ?
Now, It's your turn !
Be sure to leave a comment let us know how do you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
HBAR 1D Great potential for a profitable mid-term tradeIn 2019, Hedera Hashgraph was named a revolutionary project that aims to create a qualitatively new technology that is an alternative to the ubiquitous classic blockchain format. It is based on the DAG technology, which allows you to record operations not in a chain, but in the form of a specific grid created using an acyclic graph.
As a result, the creation and launch of decentralized applications based on the Hedera Hashgraph project had to receive a number of special characteristics.
But then the project failed, as well as the cost of the token.
Today HBARUSDT is gaining popularity and trading volumes again. The main reason can be called the launch of Testnet v0.11.0 on 21 January 2021, 18:00 UTC.
Perhaps HBAR uses the second chance to shoot in full, and the hype around the Defi sector can help this.
If we look at the chart of the HBARUSD pair, we can clearly see the long-term accumulation of the coin during 9 months of 2020.
Anyone who has accumulated a coin for so long clearly has plans for big earnings.
We consider $0.062-0.078 to be the ideal zone for buying a long position for a medium-term trade, where we expect a correctional rollback from the current figures.
Global targets for long sales are in the zone of $0.289-0.394, with the upper level of the zone quite realistic to reach.
_______________________________
Since 2016, we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer - help us to be happier :)
HBAR FIRST WEEKLY CLOSE ABOVE RESISTANCE!I'll cut straight to the point as this is a super exciting development for Hbar. You will notice the debut week in September 2019 it plummeted down to just 3.8 cents. Since then it has tried multiple times to go higher only to find rejection at the $0.054 level. Wicks have gotten above it but no body candle.
Well, for the first time ever the weekly close that just happened minutes ago managed to close ABOVE (purple line) resistance! This is super bullish and I expect fireworks for upwards movement in price the next 2 weeks. The train is ready to leave the station to higher price levels.
Remember this is only my formed analysis outlook. This is not an endorsement or recommendation to buy or sell.
These lines are still hot !!Since my post "HBAR - a phantastic second chance" 28 dec 2020 we are already up more than 100% !!
Volume has confirmed break out and bull run for HBAR !
On the first page of CoinmarketCap Hedera today has the show !!
We are just at the beginning of a massive bullrun for Hedera !
Considering the MASSIVE partnerships (LG - GOOGLE - BOEING - D-TELEKOM - SWISSCOM - ...) this coin is still massively undervalued !!
Today it touched the white dotted resistance line ! This line is still hot. Maybe you will get another good entry point in the following hours / days !
HBAR/USDT - Little spike in last 24hrs- Is it time?HBAR- One to keep an eye on in the coming days.
If Hedera can hold support on previous resistance I believe we can ride it for excellent gains. (About 2 hrs until candle close- it's going to be tight!)
Solid project that has drifted into the background over the last few months but if a few things fall in it's favour in 2021 it will be one of those projects that you wish you were on early.
As the the long winded retrace meets lower support we could potentially see a huge bounce as it will bring buyers to the table.
I think the pump over the last 24 hrs or so has been induced by the news from the OCC which while in it's infancy could push drastic changes to certain projects.
MACD on both the daily and weekly looks primed. -The little spike yesterday does corrupt the data a bit as it was no doubt based on the OCC news so a few options moving forward-
Either we hold above resistance and kick forward immediately or get rejected and create another buy option before heading further North.
Personally bullish.
As always not financial advice - DYOR,
Just my thoughts and TA.
Feedback welcomed, I'd love to get some different perspectives.
Bingaz.
Hedera Hashgraph (HBAR) Bullish Breakout | Chart UpdateHBARBTC (Hedera Hashgraph) is going through a very strong bullish breakout today, really high volume.
We can see a bullish cross on the MACD.
The RSI moving above 50.
HBARBTC trading above EMA10 and EMA21, also challenged EMA50 earlier today.
These are very strong signals and call tell us about upcoming bullish action.
HBAR can easily move higher.
Thanks a lot for your support.
Namaste.
HBAR / USD - Cup and Handle FormingHBAR has been in a long consolidation after the so-called Google pump. It has actually held up quite well over time.
As we know, the longer these consolidation periods get drawn out, the more this increases the potential for larger moves. I believe we are forming a cup and handle, and have laid out conservative targets for the near term, but believe it could go significantly higher over time.
A break below 2.7 cents may invalidate this, but HBAR also has done quite a few fake-outs in the past. I've been wrong in charting HBAR quite a few times in the past, but long-term this is one of the few "cryptocurrencies" (DLT is the proper term here) that I believe has real potential in the future to pull a move like litecoin, ethereum, and xrp did in 2017. It has one of the best foundations in the space, with major corporations involved and a brilliant programmer behind its architecture. Look up founder Leemon Baird's talk at Harvard about the technology on Youtube:
www.youtube.com - here's a link to it
Two weeks ago, Hedera Hashgraph was used in a real world scenario to anchor an airstrike early-warning system for Syria. This was done through Hala Systems, a top disaster prevention platform which adopted the technology for use. This is a real world use in a system that needs to be insanely fast and incredibly secure, and they chose HBAR to run it on. Additionally, 5 days ago DLA Piper launched a new security tokenization platform utilizing Hedera. I believe it will be used for much more in the future. It has the potential for use in securing and modernizing elections, and it may remove much of the need for servers by turning every home computer into a cloud which sends data via secure HBAR "packets", and could therefore change the way we use the internet.
HBAR / BTC - 4H Beautiful Triple Bottom FormingBeautiful bottom forming on HBAR / BTC pair right now. These things don't always play out as planned, but a triple bottom is a really strong pattern if confirmed w/ a break above 163 sats. The bottom forming here could also be called an Adam and Eve pattern, which is interesting because the USD chart is printing an Eve and Adam pattern (both bullish).
For the sake of publishing this - I drew a couple of very short term targets if this occurs, but I think it has room to go much higher. I feel like we'll revisit 497-517 sats, and potentially revisit previous highs around 7-800s or exceed it. Bitcoin can ruin everything as usual, so keep an eye on it, and keep an eye on BTC dominance.
The weekly candlestick chart shows a double bottom forming - the last two weekly candles on the chart.
The USD pair looks incredible as well:
Full disclosure - I've been wrong more times than correct in attempting to chart HBAR; where my other charts have had a lot more success. That said, HBAR is my longest term bet because I personally believe in the project / team. Any movement down has been accumulation for me, so I'm happy either way it goes.
HBAR / USD - Reversal after long DowntrendAn uptrend is forming within the channel shown on the chart. If we can get above the red box (resistance), we may test the top of the channel again soon.
If we break above the channel, we could revisit 0.55-0.6 cents, or higher.
BTC pair also looks good for a reversal.