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.
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Hederahashgraph
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.
HBAR / USD - Weekly Chart potentially forming HSiHBAR / BTC pair has been in a downtrend for a good while now without any significant corrections. It feels due for a correction soon. The USD pair here shows potential for an inverse head and shoulders pattern forming, and we could be at or near the bottom of the right shoulder. Volume is starting to rise as well. If it plays out as suggested on the chart idea above, it should complete this pattern around mid to late December.
Keep an eye on this, but beware goings-on of BTC
- also be mindful that HBAR has a much lower USD bottom prior to the google news, and hasn't yet re-visited previous BTC pair bottom either (if it will get there, we're hovering around 185-190 sats, previous bottom was 114 sats).
HBAR/BTC🔥Hello dear friends!💋
While Bitcoin has been sideways for several days, altcoins are giving just excellent results.🔥🔥🔥
I would like to pay your attention to some of the cryptocurrencies that have been forming a falling wedge for several months.
Because the two levels are not parallel it’s considered a terminal pattern. This implies that it must eventually come to an end.
MY ADVICE to You , my dear💋
The price may not fall so low, that's why I always recommend splitting buy orders!!!Buy little now for don't miss entry point.If it goes lower, then you average the buying price - it will be great anyway!
Tell me, do you trade ALTCOINS / BITCOINS?
how are your results?
I try to be useful to You🧡
Always sincerely with You😊
Your Rocket Bomb🚀💣
HBAR / BTC - ReversalThere's a decent chance for a trend reversal occurring on HBAR / BTC pair right now:
1.) RSI is bottomed and turning upwards
2.) We've just barely broken above the triangle.
3.) Volume has been insanely low throughout the downtrend, any real volume coming in will pump this
Need to stay above 201 sats to continue. Good luck!
✳️Hedera Hashgraph/USDT (2/11) #HBAR $HBAR #HBARUSDTHBAR is at its lowest price since March, at 0.029-0.03$, so we should continue to believe in this zone, because if HBAR can rise from here, it will be pushed up very strongly with Double Bottom pattern. And the highest achievable target is at 0.0475$.
However, if the 1D candle closes below this support, HBAR will quickly fall back to the 0.02$ zone
📈BUY- LONG Strategy
- Buy: 0.029-0.03$. Stoploss if B
- Buy close to 0.034-0.035$ for more if A. Stoploss if B
📉SELL-SHORT Strategy
- Sell: 0.034-0.035$. Stoploss if A
- Sell: 0.038-0.039$. Stoploss if A
- Sell: 0.047-0.048$. Stoploss if A
♻️BACK-UP Plan
- Sell close to 0.029-0.03$ if B. Stoploss if A
- Buy: 0.018-0.02$. Stoploss if B
❓Details:
Condition A : "If 1D candle closes ABOVE this zone"
Condition B : "If 1D candle closes BELOW this zone"
HBARUSDT AnalysisEngineeringRobo and I are currently bullish about HBAR.
If you are holding HBAR at the moment, you should likely continue to hold. If the candles continue down, sell is advisable if the candles break down below the 0.02 support level.
If you are interested in buying HBAR your options are:
- Buy with EngineeringRobo buy signals
- Buy at the 0.029 support level.
- You can also buy at the downtrend line.
If buying with EngineeringRobo buy signals, pay close attention to EngineeringRobo sell signals.
If you are interested in using EngineeringRobo, DM me!
Hedera Hashgraph uptrend trade idea- Daily +DMI curling up = Buying increasing
- MACD 4h golden
-Daily 120EMA bounce(Historically bullish and bounced off this)
-Trendline support
Better R/R here with tighter stop losses.
Entry: Now
TP1 : 0.0498
TP2 : 0.057
SL: 0.042 (-5.7%)
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HBAR consolidation coming to a close? If you like my TA or other ideas, please leave a like to show support. It helps me out a lot
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HBAR has been consolidation for over four months and is now showing signs of bullishness
If we see a breakout of this symmetrical triangle with a nice amount of volume, we could see a rally to the levels on the chart.
MACD is also curling up towards bull territory.
Watch this one closely!