Hedera Hashgraph (HBAR) - September 18Hello?
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(HBARUSD 1W Chart)
If the price holds above the 0.08464062 point, we expect the uptrend to continue.
In particular, it is recommended to keep the price above the 0.16519911 point.
(1D chart)
If the price is maintained in the 0.40155055-0.49942037 range, the uptrend is expected to continue.
However, in order to accelerate the uptrend again, the price must remain above the 0.53204364 point.
If it falls from the 0.40155055 point, you can touch the 0.27105746-0.30368073 range, so you need to trade carefully.
Since the 0.29992521 point is considered a high point, if the price is maintained within this range, it is expected to create a new wave.
Therefore, based on the average unit price
1. Decrease the proportion of purchase principal;
2. While lowering the average unit price,
3. Trading that can increase the amount of tokens that corresponds to the proceeds is required.
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(HBARBTC 1W chart)
If the price is maintained above the 398 satoshi-523 satoshi range, it is expected that the upward trend will continue.
In particular, if the price is maintained above the 864 Satoshi point, it is expected to create a new wave.
(1D chart)
It is necessary to check whether support can be obtained in the 878 Satoshi-930 Satoshi section.
If it falls from the 864 satoshi point, it can touch the 722 satoshi point, so you need to trade cautiously.
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We recommend that you trade with your average unit price.
This is because, if the price is below your average unit price, whether it is in an upward trend or a downward trend, there is a high probability that you will not be able to get a big profit due to the psychological burden.
The center of all trading starts with the average unit price at which you start trading.
If you ignore this, you may be trading in the wrong direction.
Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to regenerate themselves.
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** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-O and MRHAB-B indicators used in the chart are indicators of our channel that have not yet been released.
(Because it is not public, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.)
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
Hederahashgraph
Hedera long term Fib.HBar has a great use case and it's evolution ad results are very promissing.
It's been trading a wide fib. zone and as many other projects, is growing alongside BTC and ETH.
We need to follow price action to confirm it's detachment from btc volatility.
Please, any feedback is welcome!
NOT A FINANCIAL ADVISE, DYODD.
HBAR Sets New All Time High As Bulls Maintain Their Power-HBAR is up nearly 95% over the last week
-Price has formed an ascending channel
-25 MA has continued to act as support
Hedera Hashgraph (HBAR) has been outperforming the overall crypto market over the last week as prices have risen nearly 100% from $0.24 to $0.49. HBAR refers to itself as the “trust layer of the internet”. Hedera is a public network that allows individuals and businesses to create powerful decentralized applications (Dapps). HBAR has been growing in popularity & market cap rankings as its now the 39th largest cryptocurrency. HBAR was designed to be a fairer, more efficient system that eliminates the limitations that older blockchains face.
Ever since the large market fall that occurred on September 7th, HBAR has been on an immensely strong uptrend. This uptrend has pushed HBAR to a new all time high of $0.49. Throughout this period, HBAR has formed an ascending channel formation (shown in light blue). The top trend of this channel has acted as a major resistance as each time price has reached it, it has gotten rejected back down to the median line of the channel (shown in red). At the time of writing, HBAR is trading within a major resistance zone of $0.45-$0.486. If bulls manage to break & hold this zone, we should expect price to reach the target given.
Throughout this run up over the last week, HBAR has only touched the bottom trend of its ascending channel once. This shows that bulls are immensely in control as price continues to hug the top trend of its channel. At the time of writing, Hedera Hashgraph is trading above a minor support of $0.45. If bulls lose power & HBAR gets pulled below this mark, expect prices to drop to the major support of $0.423. If this level fails to hold, expect price to drop further to the major support of $0.389. This would bring HBAR to the bottom trend of its channel. Along with this trend lies the 25MA. This MA has held for nearly a week now & a break below will likely cause a bearish trend change.
While looking at the Stochastic RSI, we can see strength is now heading towards the overbought region. If strength continues higher & enters within this zone, HBAR may be in for a push to a new all time high. The MACD has been stuck within a linear uptrend for the past few days. This continues bullish until the blue MA crossed below the orange MA.
HBAR Intraday Analysis
Spot rate: $0.467
Trend: Bullish
Volatility: Medium
Support: $0.4527
Resistance: $0.486
HBAR - on the verge of a big pump !HBAR looking really good at this point !
Price already broke out of the bull flag.
Volatility is still lagging .... when it will set in, we should potentially be in for a big rise !!
Not financial advice, but personally I doubled my stack in recent days around 29 cents.
HBAR / ETH - Looks like We've Bottomed vs. EthereumMassive gains against Ethereum are possible for Hedera Hashgraph in the coming weeks/months. We've triple bottomed here, and it looks like our all-time daily chart could make a giant inverted HS. We've also formed a bottom 3 times within the right shoulder here, and the chart is moving up within a falling wedge, both providing some confluence to the potential for forming our HSi.
Hedera could see incredible gains against eth should this occur, let's keep a close eye on developments over the next days and weeks.
HBAR / BTC - Repeating Pattern Chart End of August UpdateHBAR is likely repeating the same pattern it did before we made the move above ~460 and tapped 800s.
- Back in May we experienced a diamond reversal after two daily candles closed at our last highest highs @ 776 and 791, both wicking into 800s. That reversal brought us back to our support area (green box) around the red target line.
- Next, after failing to get back above our resistance area (red box), we formed a head and shoulders that should've taken us down to test the top of the green triangle around 368, similar to what our previous repeating pattern did when it wicked down there before heading up to where we are now. So far that head and shoulders has failed. A failed head and shoulders should've taken us back up to 716-728, our March high, but that hasn't occurred yet either.
- Now, it appears we may be forming an inverted HS, which if successful should take us back above resistance and just over 645. This would add confluence to reaching our failed HS target @ 716-728, but could also fail and just as well support the idea of getting back below 400 before heading back up again.
Regardless of what happens in the immediate future, I still expect one of three things to occur after either moving up now or moving down first:
Option 1 - after getting back above resistance (red box & 645) we move above March high (716-728) and May high (776-791) and reach ATH @ 864 or just above it, then re-test either one of those previous highs before heading up to make multiple new ATHs.
Option 2 - we begin to do what looks like Option 1 but stop hard at March high (716-728), and start to make what looks like a giant head and shoulders. That head and shoulders fails and we return to Option 1
Option 3 - Option 2's head and shoulder succeeds and we make a triple bottom on the all-time chart (91-115) dragging this out much longer before seeing our new ATH above 864.
Targets after eventually breaking ATH @ 864:
-- I'm liking a major stop somewhere roughly between ~1330-1470
-- An eventual revisit of ~3570 where we opened on first trading day
-- If we get above 3570, price discovery and it's anyone's guess
Previous related ideas linked below under Links to Related Ideas
HBAR ride is comming soon :)We break this trendline + range high and fly. First rezistences are monthly level 0.36, daily at 0.41 and after we claim these levels price discovery mode follows us to the moon. 1.618-2.0 box is my first target area. 2.618, 3.618 next. But better hold this project forever :)
Hedera Hashgraph consolidating hard. Ready for a big moveSo HBAR has essentially been going sideways vs BTC for about 2 years now. When it launched it got a few big listings, but not that many and after that it only got listed on Huobi. So it currently has enough liquidity to have big pumps, but a few additions especially to Coinbase could send it flying higher. We've seen the effects listings have had recently to some coins and I wouldn't be surprised if HBAR is one of those. Coinbase has been listing mostly tokens but they are also slowly adding Layer 1 blockchains too.
It is currently sitting at support vs BTC and pretty much following the price movement of Bitcoin, but at some point this might change. If it dips to the second green zone it is a very good buy, but it is a good buy even here as the potential upside is quite large.
HBAR / USD - End of August UpdateAfter breaking out of our falling wedge, we formed a parallel uptrend. Eventually we broke above it, and then below it.
Now we are back inside of it and testing the bottom of the channel, while also testing the top of the green box (support). If we remain above both, we should see a quick trip back into the red box.
If we break back down into the green box and below the channel, we may start moving within a range between the two purple lines here with some breaks above and below, dragging this out further before seeing our move back into or above the red box.
Break above the red box, new ATH begins to look likely, there's also potential for a double top depending on what is happening with the greater BTC market. Always keep an eye on BTC.D and BTC to stay informed.
🆓Hedera Hashgraph (HBAR) Aug-12 #HBAR $HBARHBAR is having a correction after being rejected at $0.24 area. $0.20 area is a very strong support zone of HBAR and it can help HBAR rebound and move towards $0.26, $0.32 and $0.4 zones in late August and early September. But what if HBAR loses the $0.20 zone. then it will fall sharply to the area of $ 0.16
📈BUY
🔴Buy : 0.195-0.205$. SL if B
🔴Buy : 0.254-0.266$ if A. SL if B
📉SELL
🔴Sell : 0.254-0.266$. SL if A
🔴Sell : 0.312-0.328$. SL if A
🔴Sell : 0.39-0.41$. SL if A
♻️BACK-UP
🔵Sell : 0.195-0.205$ if B. SL if A
🔵Buy : 0.156-0.164$. 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
HBAR / BTC - Repeating Pattern End of July UpdateOur repeating pattern on the daily is dragging out further than originally drawn, and as we all know - the longer we drag along while moving within a range (between the red and green boxes), the larger our eventual move becomes when the chart finally decides upon a direction.
I post multiple ideas*** and latch on to the ones I feel progress best. This is one of those that has progressed really well, though dragging out further - I'm anticipating a strong decision when it does decide.
***See previous updates about this under Related Ideas by scrolling to the very bottom of this page, including the original post suggesting a repeating pattern back on May 17th.***
So, let's talk about how we got here, and where we may be going - first zooming in on the 4H chart, and then a few looks at the weekly now and in the past:
4H chart & impressions:
At the end of the current pattern, following a diamond reversal, we see a head and shoulders. As shown on the 4H chart below, we broke below the neckline forming a bearish target of approx. 368 sats, but.. we failed to stay below the neckline.
Now we've broken back above the neck and have so far managed to stay above it. If this continues, it becomes a failed head and shoulders and and we have instead a bullish target of approx 716-728 sats (or higher).
4H Chart:
Weekly chart & impressions:
Our current 4 weekly candles look a lot like the last 4 that ended in a bullish move that closed around 710 sats and wicked above 820-830 sats, our most recent and highest high. (see more on this with each screenshot below)
Weekly Chart:
That 4th weekly candle ended high, but it began low, wicking down to test the bottom of our green box prior to moving up to make our high (this is a replay of the beginning of that weekly candle, from around May 10th):
Now we are seeing similar behavior from the current weekly candle, which began looking bearish and wicked down to the exact same area at the bottom of the green box:
Conclusions:
- One difference in the current pattern that appears to be repeating vs the previous smaller one, is that the smaller one wicked down to re-test the top of the triangle it originally broke out of, see green circles on main chart from this post. We haven't yet done that, which is why (despite being extremely bullish) I believe that it's still possible we move down to 386 sats. That said, we need to cross back below the neckline of the head and shoulders to get there. However, if this does occur, I think it makes the chart all the more bullish and more likely to break our ATH of 864 and get into price discovery.
- Should the above not occur, we have an interim bullish target of ~716-728 sats. This is bullish, but also puts us in a danger zone with the potential to form a giant head and shoulders pattern on the daily & weekly charts. To avoid this, we need a weekly candle to close above 710 - preferably, break 800 sats and then 864. If we wick up to 716-728 on the weekly but fail to stay there and close closer to mid-to-low 600s, we start to see the possible head and shoulders (however, even that could fail and make us bullish again).
- long-term bull: if we eventually break our ATH of 864 and then manage to cleanly get above 1000, I really like the area of 1350-1450 sats as stopping point while in price discovery.
- long-term bear: if we break down to 368 and don't turn back up quickly as I expect, instead falling further, I see the possibility of a triple bottom forming on the weekly chart (for it to become more bearish than that, we'd need something like a market crash to occur).
Hedera Hashgraph (HBAR) - July 24Hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Like".
Have a nice day.
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(HBARUSD 1W Chart)
As the support zone is weak, we can only hope to maintain the price above the 0.16519911 point to continue the uptrend.
(1D chart)
If the price is maintained in the 0.14056436-0.20581091 range, it is expected to turn into an uptrend.
A move below the 0.16519911 point should check for support at the 0.10794109-0.14056436 range.
To accelerate the uptrend, you need to break out of the downtrend line.
Specifically, it should rise above the 0.30368073 point.
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(HBARBTC 1W chart)
If the price is maintained above the 320 Satoshi-398 Satoshi range, it is expected to continue the upward trend.
(1D chart)
It remains to be seen if the 514 Satoshi-566 Satoshi section can support and rise.
If it falls from the 514 Satoshi point, Stop Loss is required to preserve profit and loss.
However, as long as it does not fall below the downtrend line, it is expected to rise, so you should be prepared for this.
------------------------------------------
We recommend that you trade with your average unit price.
This is because, if the price is below your average unit price, whether the price trend is in an upward trend or a downward trend, there is a high possibility that you will not be able to get a big profit due to the psychological burden.
The center of all trading starts with the average unit price at which you start trading.
If you ignore this, you may be trading in the wrong direction.
Therefore, it is important to find a way to lower the average unit price and adjust the proportion of investment, ultimately allowing the funds corresponding to the profits to regenerate themselves.
------------------------------------------------------------ -----------------------------------------------------
** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** See support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
Explanation of abbreviations displayed in the chart
R: A point or section of resistance that requires a response to preserve profits.
S-L: Stop Loss point or section
S: A point or section where you can buy to make a profit as a support point or section.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they are not traded 24 hours a day.
G1 : Closing price when closed
G2: Opening price
(Example) Gap (G1-G2)
After A Year Hedera Hashgraph (HBAR) Has Formed Such Big GartleyPrevious Gartley produced more than 100%:
This time on the weekly time frame chart, the priceline of Hedera Hashgraph has formed a very big bullish Gartley pattern and we will discuss this pattern later in this article. Previously when the price action of HBAR formed a bullish Gartley on the 12-hour time frame then it surged more than 100% but this time it has formed on the weekly time frame.
SMAs and support and resistance levels:
On the daily time frame it can be also observed that the price action of Hedera Hashgraph is moving under the simple moving averages with the time period of 25, 50, 100 and 200. Therefore, there are a lot of resistance levels of the simple moving averages to be broken out. At the same time the price action is at a very strong key level support of 16 cents. Once the price action will be able to break out all the simple moving averages then it can reach to the final resistance that is 40 cents.
Previous and new down channels:
Previously the price action of HBAR coin was moving in a down channel. On 19 May 2021 the price action turned strong bearish and formed another down channel within the previous channel. This time the price action of HBAR cryptocurrency has found a resistance which is at the centre of the previous channel. After 19th May 20201 the priceline of Hedera Hashgraph is not able to break out this resistance of the new channel. At the moment the price line is trying to break out the resistance of the new down channel.
Big bullish Gartley:
Now on the weekly time frame chart, the price action has formed the final leg of the bullish Gartley pattern. There is also 50 simple moving average support in the buying zone.
As per the Fibonacci calculations of Gartley the buying and sell targets can be as:
Buy between: $0.1916 to $0.1198
Sell between: $0.2480 to $0.3836
The maximum extent of the buying zone $0.1198 can be used as stop loss. As per the above targets, this trade has a profit possibility of up to 220%, and the loss possibility is 38%, however, in order to minimize the loss,I would suggest using 50 simple moving average as stop loss.