Inverse Head and Shoulders formed on 1H HBAR / BTC
HBAR broke out of its long-term triangle after printing a bull flag, then it bounced off of triangle support and has now broke previous resistance at 454 sats. Now we are re-testing that area while printing a second bull flag - beautiful! Keep an eye on this to see if it breaks 500 again, I believe 100+ % gains are possible from here if we can break cleanly...
Bull flag forming on 4H at resistance of symmetrical triangle on weekly. A break up could potentially see a significant move. Breakdown of this trend will also likely see a significant move downwards. Hope for the best, prepare for both scenarios. ** not financial advice, just a noob learning and having fun, please send feedback and critiques/criticism, I love...
Scenarios for bullish and bearish movement with short-term minor and major targets for both, and levels shown ** Not financial advice, just a noob learning and would LOVE to hear feedback and critiques, criticism from more seasoned traders. **
HSi forming - BTC goes down, BTC goes up again :)
The history of Litecoin is always head and shoulders, will it ever rise again?
Possible short-term trend reversal with approx 19-20% profits by 4th of July weekend RSI and Stoch RSI is oversold and trend has already begun reversal. Always beware of BTC ** Not financial advice, just a noob learning, always open to feedback and criticism, thanks for checking this out! **
Immediate target - Long: ~10150 Medium term target - Short: - 7200s Long term target - Long: new all-time high coming after post-covid correction
Target 1029 sats, stop 432, beware btc (not advice, just a noob learning and open to criticism/feedback, thanks!)
HBAR is going to surprise a lot of people, I still believe. The volatility today seems like a bad sign, and it very well may be. So be careful, but volatility has preceded some of the largest moves in crypto. Either way be careful, and never risk more than you should. Not financial advice, just a noob having fun learning and open to teh feedbacks :)
Let's keep this simple, there's a possible inverse head and shoulders forming on HBAR / USD (also on the BTC pairing but not as clear). We are in the handle of a cup and handle formation, RSI is low. Watch for a possible breakout in 1.5-2 days or less, if the HSi plays out. Expected targets (for HBAR / BTC pairing): 489, 583, 677, 711, 865, and up. If we...
Giant symmetrical triangle. Could it break down? Yes. I don't think it will though... We recently formed a cup and handle that hasn't broken back up to test the resistance at the cup-line yet. And, lots of good news coming out about Hedera Hashgraph lately. It's still at rank 42 with its marketcap, and has a ton room to grow. I think it will grow...
Update: HBAR has formed its cup and handle, waiting to confirm a breakout (beware o' bitcoin) NOTE - also believe this may correct significantly after breakout
Possible cup & handle formation playing out. Bitcoin is in control though, anything can happen. HBAR had big news yesterday, LG Electronics joined their governing council, adding them to the ranks along with IBM, Google, Boeing, Deutch Telecom, and several others. This is just an idea, not financial advice, stay safe and DYOR, and please provide any feedback or...
Idea - we could be printing a gigantic inverse head / shoulders on the weekly / monthly right now. If this is what is happening, I doubt we'll go much lower than 7200, before we go back to test 10k again. Then this could be our last 10k test before a major rally, putting BTC back in the long-term channel and maybe... even breaking above it again. Thoughts and...
BTC Dominance is slightly below its channel, and right at the midpoint between its recent high and low. Expecting a bounce here, which could be significant enough to wreck alts, but a break below could mean altseason continues longer. Not financial advice, just ideas, and open to any other points of view. Thanks for reading :)