HBARUSDT trade ideas
HBAR: Approaching SupportTrade setup : Price broke below $0.10 support and 200-day moving average, which signaled resumption of downtrend. Price got oversold (RSI < 30) as it reached $0.07 support and bounced up. However, it needs to break back above 200-day MA to signal resumption of Uptrend. Previously, price got a boost from news that BlackRock will leverage Hedera Blockchain to tokenize its money market fund.
Pattern : Price is Approaching Support , which is a level where it could pause or reverse its recent decline, at least temporarily. Support is often a level where price has bounced up in the past, or potentially prior Resistance level that was broken. (concept known as polarity). Once price breaks below support, it can move lower to the next support level. Learn to trade key levels in Lesson 7.
Trend : Short-term trend is Strong Down, Medium-term trend is Strong Down and Long-term trend is Down.
Momentum : Price is neither overbought nor oversold currently, based on RSI-14 levels (RSI > 30 and RSI < 70).
Support and Resistance : Nearest Support Zone is $0.07. Nearest Resistance Zone is $0.124, then $0.14.
Bullish continuation: this looks bullish AFDescription:
- 1-2, 1-2 setup, 2nd wave (leading diagonal).
After some research concluded that there are only 2 bullish scenario's, namely 1) straight into 3rd wave or 2) in B wave (ABC). For obvious reasons, a prolonged correction would be ideal. A deeper pullback for a wave C would bring the 1.618fib much higher.
👀short-mid term targets for $Hbar! 45%-100%+ possible Hello traders! I have been watching the overall crypto market for a while. Btc recently crashed down to $40k from 49k but it was very necessary move to cool down the market,adjust the RSI values and kick some weak hands out of trade! Btc feels stable above $40k .Of course there may be some successful attempts to go down below this level or not.Most importantly I am not focusing on Btc giant's short term tricks. It is all part of illusion or some would call it warm up run before the fireworks. Soon Btc will break above 50k and altcoins will flourish at that point!
Recently Hbar making significant progress all around.Very healthy correction on short and long term charts and weekly rsi is at strong 59 and chart looking like a golden statue👀 .It would be quite mistake to ignore this giant! If you are not familiar with the project please do some research! My personal assumption is that we going to see major move with this coin. It could be a lot more than what my prediction is but I need to keep it realistic!
Good Luck!
HBAR/USDT Will It Bounce at the Crucial $0.0985 Demand Area?💎 HBAR is showing some notable activity, with a potential retest on the horizon at the demand area around $0.0985.
💎 The key question is whether it will bounce up from this level or break through it. Historically, HBAR has often bounced back upon reaching this area, suggesting it might repeat this pattern.
💎 For HBAR to continue its upward journey, it must overcome the resistance at $0.124. Failure to breach this resistance could send the price back down as it gathers momentum for another try.
💎 On the downside, if the demand area fails to support HBAR and it breaks through, we could see it move towards the Bullish Order Block (OB) area to gather significant momentum, similar to previous patterns. HBAR must maintain above the OB area, which is pivotal for its trajectory.
💎 The bullish scenario becomes invalid if HBAR closes a daily candle below the OB area at $0.0878. Such a move could signal further dips in the price.
MyCryptoParadise
iFeel the success🌴
$HBAR BULLISH ADAM & EVE PATTERNCRYPTOCAP:HBAR on TF1W looks bullish, currently we are retest EMA21 support and previously prices get boost to 100%++ after retest EMA21 support. besides that currently CRYPTOCAP:HBAR showing bullish ADAM & EVE chart pattern, hopefully this chart pattern will valid and price boost UP in couple weeks. #DYOR
HBAR ( Hedera ) tm :1hHello traders.
I hope you doing well.
These areas are based on my personal strategy and I will share it with you.
Open a sell position on the supply area or open a buy position on the demand area.
Your entry point, stop loss, and target point are based on money management and the amount of money in your trading account.
But I promise you that by trading in the areas of my trading strategy, you will definitely make a profit, because these areas, although they seem simple, are my experience of 8 years of learning and trading.
I hope you will achieve maximum continuous profit with me by using supply and demand areas.
Good luck traders.
Mohammad Goodarzi
Hedera (HBAR)On the above weekly chart price action has corrected over 90% since the sell signal (not shown). Today is great long opportunity. Why?
1) RSI and price action resistance breakout with support confirmation.
2) Multiple oscillators print bullish divergence.
3) Trend reversal. Higher highs higher lows replace lower highs lower lows.
4) The macro bull-flag confirmation prints the 50 cent target.
Is it possible price action falls further? Sure.
Is it probable? No.
Ww
Type: trade
Risk: <=6% of portfolio
Timeframe: Now, don’t sit on your hands.
Return: 8x
#HBAR/USDT LONG ENTRY#HBAR/USDT LONG ENTRY
Leverage: 3x
Entries: $0.11564
Take profit 1: $0.11931
Take profit 2: $0.12321
Take profit 3: $0.13747
Stop Loss: $0.10664
NOTE: This is just my prediction. Be sure to use STOPLOSS and remember that I am not a financial adviser. your money, your risk!
BINANCE:HBARUSDT.P
Thanks
The sroced.
HBAR 30c incomingAfter the blackrock breakout and the ETH maxi FUD bringing us back to earth, she looks fully reset and ready to run.
Only a matter of time till the trade is complete to 28/30c, and as these are high retracements on the market cap chart, I am dipping.
One of the best assets in the space, the tech is unrivalled. Maybe not the biggest gains, but definitely one of the safest. Send it
HBAR Trading ScenarioWe're looking at how the price of HBAR has been moving recently.
After dropping to a low of $0.0666, it bounced back up to $0.1818. The growth was more than 170%. Then, the price dropped back down to $0.0903. Right now, the asset price is trying to strengthen.
As for now, the market is showing that sellers are in control, so we can probably expect the HBAR price to keep dropping. If you're looking to get in on this, you might want to consider buying when the price touches the 200-day moving average or when the volume level POC declines.
HBAR/USDT The main trend (the whole trading history). Pivot zoneLogarithm. The time frame is 1 week. An idea for understanding the underlying trend and cycles.
The coin is the 30th most capitalized coin according to coinmarketcap as of September 9 (9 11), 2023.
The large time interval and long history of the chart shows not only the cyclicality of the past, but also the more likely future. This idea makes it clear how important for the market (not only for this cryptocurrency) this time zone is, which will determine the further development of the long-term trend.
Many for some reason consider a separate altcoin separately from the whole market and are sure that its trend should be different from the general direction of the market (stock, bitcoin), this is an extremely wrong approach.
It is worth noting that quite a few large wallets of this cryptocurrency have been created over the past few months. Whether people accumulating this asset will be right or wrong, only time will tell. Everything will be decided in the coming months.
Line chart.
HBARUSDT is going for a higher low againhi traders
After a recent mega pump caused by some new, HBAR retraced almost all the move.
In my opinion, HBAR is going for a higher low which will be a great place to buy some HBAR again.
Targets for longs are 0,14 and 0,1585
This is another example of the chart that proves why it's important to take profit in the cryptocurrency market (and any other market) when assets mega pump in a short period on some 'positive' news.
HBAR testing previously resistance turned support - LONGIn a bull market, we can have x150 but ONLY IF you can survive 30%, 50%, even 75% drops
If not convinced, just check out the huge pull backs during DOGE's last bull market.
Now, it means that IF you survive, you WILL make money.
Don't use too much leverage & Don't FOMO. Simple & Easy
HBAR / weekly
It is HEALTHY that we are re-testing the green zone which was red (resistance) for 2 years.
And it is still more than +200% up since the lows in late 2022.
Relax & BTFD