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
Hederahashgraph
HBAR - Longterm View!Hello Kucoin S Family / Fellow Traders. This is Richard, as known as theSignalyst.
WEEKLY: Left Chart
HBAR is approaching a strong support and demand zone so we will be looking for buy setups on lower timeframes.
H4: Right Chart
HBAR formed a valid double bottom. For the bulls to take over, we need a break above the necklinemarked in gray.
Trigger => Waiting for a momentum candle close above the last high in gray to buy.
Meanwhile, until the buy is activated, HBAR can still trade lower inside the blue demand zone .
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
HBAR - Possible Expanded Flat Correction HereHBAR dropped a bit lower than the typical expanded flat target @ 1.618 of its trend-based fib (which is around 9 cents as shown, and where I initially drew the green arrowed line for our reversal). Instead, we fell a bit lower to strong support at the area of the green box around 5-6 cents, but also held the daily and weekly trends. Weekly was nearly lost but was quickly reclaimed.
We also have strong bull divs showing on most of the major indicators, and OBV (not shown) has continued to rise throughout the downtrend, plus our 50 weekly MA wants price to break back above the daily trend and get us back to an area around 24 cents. Good confluence from indicators here on a lot of different fronts.
With all this in mind, if we can first break and hold above our weekly, and then daily trends, I'd suggest we're in a full fledged reversal and may see the expanded flat correction play out, taking us to a new ATH. Keep in mind this may take some time to come to fruition (months, not days or weeks), but we should start seeing signs of the reversal fairly soon if we continue to hold support at the green box.
It is still possible that we drop all the way down to 3 cents before reversing, should support not hold, but that could still keep everything above in play as long as we don't lose the weekly/daily trend bottoms w/out quickly reclaiming them again.
Here was my original post, prior to moving lower towards support:
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/USDT: Get ready for recovery soon !---- Mid-term Analysis for the next coming 4 weeks to 3 months - Daily on Daily Chart (LOG)-------
HBAR/USDT: Get ready for recovery soon !
Context
The Global Crypto market leads by BTC and ETH is still evolving within a bearish market configuration. Like the others digital asset Hedera (HBAR) is suffering about negative global market situation, however the recent progress in term of technologie adoption (Graph, bridge, storage, stacking) offer today an opportunity to enter in the next phase of HBAR Recovery
Main ressources
Coin Market cap (Supply) => coinmarketcap.com
HBAR Stacking (44% APY) => hedera.staderlabs.com
HBAR Wallet (HASHPACK) => www.hashpack.app
HEDERA (Website) = > hedera.com
Market configuration
- Graphical Elements :
Graphical Resistance = 0,2580 & 0,57
Graphical Support = 0,0830
- Mathematical Indicators:
EMA ( Exp Moving averages) are capping the market at 0,1450 = Bearish
RSI indicator (below) is bouncing off but still below 50% - However it reached an extrem level like early 2020 = Pre Bullish signal
- Elliot & Harmonic Wave (Fibonacci):
Fibonacci Target c B has been already reached = 0,0730
Fibonacci support of the wave c B (max extension) = 0,0640
Fibonacci Bullish Target = 0,1450 and 0,2580
Fibonacci Bearish Target = 0,0440 and 0,0250
Conclusion
Prefered case => HBAR is now expecting to accumulate bullish momentum on current level as long as 0,0640 remains support to develop a significant recovery towards 0,1450 and 0,2580 !
Alternative case (ii) => In case of 0,0640 support breakout the rise will be invalidated opening 0,0440 support area
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.
HBAR - Two Possible Entries!Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
DAILY: Left Chart
HBAR is sitting around a strong support in green so we will be looking for buy setups.
HBAR formed a wedge pattern in red but it is not ready to go yet.
Long-Term Trigger => For the bulls to take over, we need a momentum candle close above the last high in gray.
Meanwhile, since it is sitting around the lower gray zone, we will be looking for buy setups on lower timeframes too.
H4: Right Chart
HBAR is forming a double bottom pattern but it is not ready to go yet.
Short-Term Trigger => Waiting for a momentum candle close above the blue neckline to buy.
Meanwhile, until the buy is activated, HBAR can still trade lower inside the green support zone.
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
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 :
HBAR formed bullish BAT for upto 12.5% moveHi, dear friends, hope you are well and welcome to the new trade setup of Hedera Hashgraph (HBAR) coin with US Dollar pair.
Previously I shared a long-term trade plan of HBAR, which is still in play:
Now on a 4-hr time frame, HBAR has formed bullish Gartley 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 should bounceHBAR held decently its price against bear market and moved inside this rising channel. I think it will bounce on its lower channel's band. I drawn this channel days ago using the wicks of 24th January and 21st February, now price is bouncing perfectly on its band.
If you take a look at daily chart you can see a clear reversal which has been going on for multiple days, even with a better trajectory than 21st of July 2021.
From here there's a +120% potential profit until channel's upper band.
I based this TA on price action only and on HBAR trending on socials.
If you wanna enter, this is a good price.
Good luck
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*
HBAR 0.24 incoming, 180 day consolidation breakoutShort term cup and handle plus fib 1.68 clearly indicate a 0.24 target in the near term. Also note a breakout of the massive 6 month consolidation pennant, including a re-test on the "handle". Start of bull run for sure. Hedera hasn't announced any new GCM since Ubisoft in Feb so next joiner announcement imminent. Strong volume testing happening on testnet indicates potential STEP function may be coming soon. Within next few months target 0.80.
ĦODL. ĦODL. ĦODL.
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 into a rising channelThis is a promising project which certainly will do great things in the future, off course it's now suffering as every other altcoin. I see a bearish DIV even on the weekly but that's NORMAL in such patterns and usually it takes time to play out its effects. However if BTC will go down as I expect HBAR's price could break down the channel even during this leg down, even though those last that weekly candle about to close should be a reversal sign.
I'll try to post updates because once reversal will start HBAR will be a great pick to hold for the future. Be sure you check my updates.
Good luck
HBAR Wedge pattern with some juice?Hellow traders!
Here’s a quick idea with a few tips on entering the trade.
Listed on this chart are 3 different buying areas. The first is the bottom of the pattern entry. This entry area will give you the least amount of risk when pattern trading. If you’re looking for this entry, you will want to see price action bouncing off of the bottom of the pattern on its third swing to the bottom support trend of the pattern. Waiting for a closed candle and another bullish candle to appear in this area will grant you better win statistics purchasing here. This entry presents the best gain potential but, will most likely hinder your win rate.
The second entry point is the breakout area, to me this is one of the more risky plays as you can see here there were multiple wicks crossing out of the upper trend followed by a swift reversal in price action. The best play to take this entry is to wait for a decent time frame to close a candle outside of the pattern. 2hr at very least but, I like to look for a 4 hourly candle. This entry is the riskiest imo, due to the fake outs, the lessor of the 3 entries when it comes to profitability and larger risk compared to your reward.
The last area to enter is the retest area. This is arguably the best area to enter a trade. This one takes patience but, will pay off in the end as a few things happen when you wait for the retest. First, you will see the price breakout of the pattern which in this case is in a downtrend, making a higher high then giving you the first sign of a trend reversal, all you need next is a higher low. Which comes when you have the retest at the top of the pattern. When the price comes to retest you want to see bullishness within the candles structure, which confirms that other market participants may be in the same direction as your trade and has a higher likelihood of success.
Have a Green week and pray for all of those displaced in the dispute in Ukraine!
SAVVY
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:
HBAR: almost ready?Hedera is forming a falling wedge for half a year now.
The breakout is nearing and each day.
Hedera team is also working more on marketing strategies, releasing new advertising campaign around the world, starting with Denver airport.
Recently ubisoft joined hbar's governing council, this gave some boost to hbar price increasing its value.
That move took hbar out of the downtrend and it's now retesting the flipped resistance.
The falling wedge is close to the breakout and all the good news (not only for hbar but also for the crypto world) are coming togheter. This will make a "blow up" effect which will take the price to a breakout.
Thx for reading.
Here for you, as always, CryptoSoap!