HBARUSD trade ideas
$HBAR 4Hr timeframe On the 4-hour timeframe, the CRYPTOCAP:HBAR coin chart shows several key technical patterns and indicators:
- **Symmetrical Triangle Pattern**: Posts on X suggest that CRYPTOCAP:HBAR has been forming a symmetrical triangle, which often indicates a period of consolidation before a significant move. This pattern is characterized by lower highs and higher lows, converging towards a point.
- **Bull Flag Formation**: Recent analysis indicates that CRYPTOCAP:HBAR has formed a bull flag, suggesting that after a consolidation phase, the price might break upwards towards new highs. This pattern is typically bullish, indicating potential continuation of the previous uptrend.
- **Elliott Wave Analysis**: There's mention of an Elliott Wave triangle potentially breaking out to the upside, with the price possibly extending further. Analysts have pointed out that wave (4) could be complete, with wave (5) aiming for higher levels like $0.472.
- **Support and Resistance Levels**:
- **Resistance**: The key resistance level to watch is around $0.20, which has been highlighted as significant in the macro chart discussions.
- **Support**: If CRYPTOCAP:HBAR falls below $0.275, it might lose its bullish momentum on shorter time frames. A further drop could see support at $0.20, as noted in some posts.
- **Momentum Indicators**: The 50 EMA (Exponential Moving Average) is being watched for a potential retest before any significant move, which would be in line with the bull flag pattern.
- **Price Targets**: Short to mid-term targets have been set around $0.46, which would represent a 48% increase from current levels, according to some X posts. Other potential targets include $0.472 if wave (5) in Elliott Wave theory holds.
- **Current Sentiment**: The community sentiment on X appears bullish, with many users and analysts suggesting that the current patterns indicate a continuation of the uptrend, although with caution about possible short-term corrections or consolidations.
In summary, the 4-hour chart of CRYPTOCAP:HBAR indicates a potential bullish continuation with key patterns like the symmetrical triangle and bull flag. However, the price action around support and resistance levels will be crucial for confirming these patterns. Remember, crypto markets are highly volatile, and while these patterns suggest potential moves, they are not guarantees. Always consider broader market conditions and news that could impact sentiment and price.
HBAR is going strong - Don't mistake that for a price increaseHBAR is reacting exactly as I expected. That being said, the trend is downward. That doesn't mean that it's not tradable. It's been trading within the channel.
If you are new to crypto or are using this as an "investment," you need to understand that this coin will likely drop over the next month. Yes, there's a lot of hype about the project and yes there is reason to believe that the overall price will appreciate over time. However, you need to know that there will be drops. If you're not trading, either hold and don't sell, or buy more to Dollar Cost Average DCA . It's only a loss when you sell it for lower than you bought it.
With this in mind. People want the price to drop. This is December. It's the last month to register losses for tax purposes. After Christmas can be turbulent as people sell to lock in losses. Myself, I've sold at 11:30 pm on New Years Eve, only to buy back in again.
Finally, there is no real reason to expect this coin to immediately shoot up. Most Institutional buyers are not going to dump massive amounts into an unregulated market. If you're buying right now, you're early to the party. That's not a bad thing. Just be disciplined enough to know.
I budget a couple hundred bucks a month and buy more and more. When it goes up, it pays off in dividends. Recently, I statrted "trading" the market. That is I've been buying low and selling high.
My education was very expensive. I lost a lot of money over the years. I was here buying Etherium at $50 and BNB at $7. If I'd followed the advice that I just shared, I wouldn't be working a normal job anymore.
Good luck, stay steady and realize that you will make money if you beleive in the project.
[HBAR] HEDERA HASHGRAPH could make another (+37%) to (+48%)HBAR showing really great momentum, it is shifting in the monthly timeframe to bullish with moneyflow increasing and it is above value area high since may 2022 to now and above the anchored vwap from sep 2021. If it can maintain above the poc from last bull run at $0,2586 will be a good sign to continue.
The target is between value area high and fibonacci retracement levels from the last bull run alongside monthly level.
TARGET: $0,3746 to $0,4080 up to (+48%)
Hedera Hashgraph: Sharp DropWithin just a few hours, HBAR dropped sharply by around 20%, plunging deep into our green Target Zone between $0.29 and $0.22, a range we identify as suitable for long entries. This move marked the low of the green corrective wave 4. During the current impulsive wave 5, we expect a swift recovery toward the recent high at $0.39 and potentially beyond. In our short-term alternative scenario, further selling pressure could momentarily push the price below the support at $0.23 (with a 35% probability). But even in the case of such an extended correction, HBAR would remain within an overarching bullish upward structure.
HBAR Monthly S/R Targets ChartPublishing a monthly support and resistance chart, a weekly view of that chart - with targets - that I've been sharing for a while, so others can follow along.
This in addition to the parallel S/R chart that is already published here:
With an updated snapshot of it here (targets adjusted for where it broke out):
Possible areas of local support if any dips below monthly resistance are marked on the chart.
Hope this helps if you are following HBARUSD
HBAR complex correction?
After a historic rise of over 700% from the recent bottom, HBAR has retraced from around 40 cents, corresponding to the 0.618 fib extension level to its all-time high.
Whether this constitutes an Elliott Wave 4 or not, it forms a parallel channel. Parallel channels often suggest complex corrections, so this could be labeled as WXY or WXYXZ unless it clearly exhibits the characteristics of a diagonal triangle (with an extended wave 5).
If the channel's lower edge holds, HBAR might find support at the 0.382 fib extension level, around 25 cents. Otherwise, 21 cents would be another key support level to watch (an upper timeframe image will be attached below).
Considering the current market conditions, a bullish continuation is likely. Therefore, passionate HBARians, including myself, may still have a chance to buy the dip.
HBARUSD This rally isn't over yet.Hedera (HBARUSD) is having a far from impressive rally, as it is rising for 5 weeks non-stop, having so far completed a +820% price increase from the U.S. elections and the November 04 1W candle.
This incredible 5-week green candle streak is technically far from over, as HBAR appears to be repeating the Parabolic Rally of its previous Cycle from January 04 2021 to March 15 2021. This is the closest sequence to today's rally and still the current one is more aggressive!
If HBAR completes that fractal (+1520% rise), then we should see at least $0.6500 before any correction back to the 1W MA50 (blue trend-line).
-------------------------------------------------------------------------------
** Please LIKE ๐, FOLLOW โ
, SHARE ๐ and COMMENT โ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. **
-------------------------------------------------------------------------------
๐ธ๐ธ๐ธ๐ธ๐ธ๐ธ
๐ ๐ ๐ ๐ ๐ ๐
Hbarusdt lol unreal pumps Mf is olmost at 100 on the weekly itโs crazy . Money will rotate to other alts , Hbar and xrp are done for a while . I think Hbar retraces here they like doing 30% pullbacks I notice so not recommending short because itโs a dangerous game I will because I donโt care .
HBAR responding bullishly to its goldencross just like Algorand We can see here how Hbar is immediately responding to its golden cross and finally breaking above the inverse head and shoulder pattern itโs been consolidating in right at the moment of the golden cross. Here is the algorand goldencross for comparison:
Countless other charts have had this same reaction since the parabolic phase of the bull run and I wouldnโt be surprised if it continues. *not financial advice*
Plenty of upside left in HBARUSD even after massive 55% pump HBAR had a huge breakout today and shot way past the breakout target of the previous patter it had ust broken upward from. In doing so Price action is getting very close to completing the right shoulder of a much bigger inverse head and shoulders patter here. Should it trigger the breakout of this attern we ca see that the measured move target for it would be over 120% gains from where price currently is if it were to reach the full target. It may take it a second consolidating just below , or back &forth a little above and below the neckline of this pattern before it triggers the breakout since it just had such a massive pump, however it could just maintain the current momentum and plow right through that neckline without stopping for much of a rest. The most import support to watch for at the moment is the weekly 200ma(in blue) as long as it can flip that 200ma to solidified support then odds are good it will confirm the breakout from this invh&s pattern to too many candles after that. Also considering the total2 chart looks like it will confirm the long awaited breakout from its cup and handle patter soon, that increases the probability that this new bigger invh&s on HBAR wll be confirming its breakout too sooner rather than later. *not financial advice*
Has HBAR broken out vs Bitcoin?HBAR looks ready for a major push higher after breaking through major resistance on the weekly, monthly, quarterly and yearly.
If it can maintain this strength for the rest of this month, 2025 COULD be a big year!
In the near-term, there should be a pullback as HBAR is pretty stretched on the RSI.