HBARUSD trade ideas
HBAR to 0.60 or 0.28 Very possible either wayWe need to cross 0.39236 to have confirmation towards the 0.60 other wise HBAR may goes sideways with possible slide down even to 0.28.
If we cross the 0.39 easy reach the 0.60, Giving the momentum we have now, there is a good chance to reach that level, just don't get disappointed if we didn't cross over because as you see the Descending Triangle that we are in, still huge and we may still have some times to cross over, Means more consolidations...
I don't want to promise you the moon as some wish and I do too, but we have to be realistic and trade smart.
Please Trade at your own risk.
HBAR - Bullish Pennant in the making??To predict the future, you need to look into the past. In the past, whenever we cross on the Stochastic RSI on the daily, we increase between 50% - 354%. Looks like HBAR is creating a Bullish Pennant. Next targets before we have a slight dip is the 2.618 (Flagpole breakout at around 0.75)). After the slight dip to maybe the 1.618 fib level (0.57), I can see HBAR hitting well over $3 in the near future!
I don't usually follow fundamentals (news and events), but this crypto has one of the best fundamentals I have ever seen in the crypto space.
1. Partners with many big players (such as Google , IBM , LG.. Look at their link to see hedera.com)
2. Will be a part of the Consensus 2021
3. Has a working product
4. Very low market cap crypto. The lower the market cap, the higher the reward ;)
5. Also one of the altcoins that may be added to Coinbase: blog.coinbase.com
I will start taking profits at $3 and working my way up. Let me know what you think.
"Markets are a device for transferring money from the impatient to the patient. - Warren Buffet
"Be fearful when others are greedy and greedy when others are fearful." - Warren Buffet.
"Show me the charts, and I'll tell you the news." - Bernard Baruch
HBAR might go rocket!!Hedera Hashgraph has been acting the was acting the way we predicted!
HBAR has already broken the trend line and right now it's testing it...
If its not a fake breakout we might see a a huge movement up with a few stops...
But my price target is 0.50-0.52.
If it's a fake breakout we could see a move down to 0.26.
I am still pretty bullish on HBAR!
HBAR next possible moves?So HBAR hasn't made the fifth wave as I was supposing.
Right now it is also crossing the 20MA.
What to expect now??
1, Green line
- we could see a bounce from the long trend line...
2,Orange one
- We could break the line and test is as a resistance with a bounce from a resistance level at 0.25.
3, Red line
- It could also be forming double top pattern which is super bearish.
- If we break the resistance at 0.25 we could possibly drop even lower to last resistance point around 0.11.
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
HBAR Hedera Hashgraph As I predicted yesterday, trend as change to positive
Heinki Ashi candles are very good to spot trend changes, train your eyes in all kind of stock. It is not difficult. Anyway happy 🚀🚀🚀🚀🚀🚀
Hedera is doing an outstanding job
Actually awesome👏👏👏👏👏that ‘s for the Hedera Team,
Good luck to all
Happy trading
Charlie
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.
HEDERA HASHGRAPHBe patient the trend is goin to change there is a battle right now between Bull &Bears
The bears have try to get the price down
But there is a great resistance and lot of buy on this environment 0.30/0.31/0.32, it seems the bears gonna loose soon the battle,
anyway it ´s a small volume on dispute
when big capital comes in, the price goes to the sky very fast
i guess we reach o.55 the lot of sales and the battle will be at 0.40
That ´s how the price action works on HBAR or at least t ´ll now
Good Luck
Charlie
HBAR LOOKS LIKE THE CLASSIC DOUBLE TOPIf someone can find me more charts that show an uptrend in the chart after a double top like the one we are seeing on the HBAR chart, I'd love to see them. When I search for trading double top pattern online, the only thing that comes up are charts where the next leg is down.
I don't want HBAR to go down, but if it goes up past the previous spike, it would be abnormal.
It may be wise to sell, take the tax loss, make some trades on other projects that are moving, and then jump back in later.
I could be wrong.
This is not financial advice, this is simply for my own records and documentation.
What do you think? Do you have any examples of the pattern reflecting the price skyrocketing after a daily pattern like the one we're looking at?
One of the positives that I see here is that there is a higher low compared to the previous dip.
HBAR is about to go PARABOLIC!To predict the future, you need to look into the past. In the past, whenever we cross on the Stochastic RSI on the daily, we increase between 50% - 354%. Today, we had a bullish cross. We also stayed strong above the 20EMA meaning bullish momentum! Next targets before we have a slight dip are the fib targets of 1.618, 2.618, and 3.618 (Roughly between $0.56 - 0.88). After the slight dip, I can see HBAR hitting well over $3 in the near future!
I don't usually follow fundamentals (news and events), but this crypto has one of the best fundamentals I have ever seen in the crypto space.
1. Partners with many big players (such as Google , IBM , LG.. Look at their link to see hedera.com)
2. Will be a part of the Consensus 2021
3. Has a working product
4. Very low market cap crypto. The lower the market cap, the higher the reward ;)
5. Also one of the altcoins that may be added to Coinbase: blog.coinbase.com
I will start taking profits at $3 and working my way up. Let me know what you think.
"Markets are a device for transferring money from the impatient to the patient. - Warren Buffet
"Be fearful when others are greedy and greedy when others are fearful." - Warren Buffet.
HBAR HEDERA HASHGRAPHBe Patient it is not yet ready for a bump, for confirmation of a trend change in a Heinki Ashi chart type Candles you need to see a morning star kind of candle, big sticks below the red candles as well when the red candle are reducing their size, that ´s means sign of stress in the trend, so the trend use to take a breath or it directly does a reversal, i ´m more aggressive and i don't use to wait, i use resistance and support as spot point to enter or go out, in this one in particular i ´m not a trader but an inversor to mid long term. i love the project, the administration council and what they are doing. check out at Herdera.com to see by yourself for those who don ´t know Herdera yet to date. Invest at your own risk, to me now it is a very good entry point, i hope 0.55 soon, then by looking at the price action a correction to 0.40/0.44
today i posted the Daily look it ´s more easy and accurate for analysis with Heinki Ashi. (less noise)
just my thought
Good Luck to all
Charlie