HBAR/USDT The main trend (the whole trading history). Pivot zone
Updated
Logarithm. 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.
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.
Trade closed: target reached
Trade active
Trade closed: target reached
Trade active
Trade closed: target reached
Trade active
Note
Trade closed: target reached
Trade active
Note
From the average values of the horizontal channel is now +75%.
Note
🟢 🔴Strengthening above the reversal level (highlighted in yellow, where the price is now) - attempt #2 to the previous resistance or slightly higher. Pullback to 0.1 again🟢🟢Breakout of bowl resistance - no return already to these medium-term accumulation values.
🔴🟢 Failure to consolidate - decline to dynamic support (highlighted in green). Then growth to the dynamic resistance 0.14-0.15 depending on when in time the movement will take place.
Note
19 11 2024 Note
08 12 2024 🟡 🔼That's how with sticks on a huge percentage, there is an exit from long-term savings. Unpredictable? Well... Both price and time are conditionally predictable. Never complicate simple things with stupid intelligence...
🧠⚖️🐹 What will happen next? Is 8X not enough for you? If yes, then I sincerely feel sorry for you... Trading is not your thing...
🔵 To understand how the trend will develop further, after the 8X pump)))
Support zone 0.191
Resistance zone 0.44.
The basis on which the development of the trend in the long term depends is the bullish median (as before on Bitcoin).
👀 Look at the chart on a large time frame. For example, the same idea. The "play" button.
🟢🔼🔈🐹 Breakthrough and consolidation above the median (the middle part of a large ascending channel) - opens a new range of pumping and hype HBAR - USA
🔴🔼🔈🐹 Not a breakthrough, a rollback, consolidation, then again a strong rise in prices to the next distribution zone.
Buy cheap. Sell expensive, no matter what happens next. Many people can't bring themselves to sell expensive, as well as buy cheap.
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📊🐳 I would like to emphasize once again (I have clearly shown) how almost always (sometimes it is irrational, I have explained it before) a market maker (not a malicious hamster hater) collects a stop loss at every local pump in the recruitment zone (#liquidity).
👀 Look how big this % is (almost any stops will be reached, as well as the gambling shoulders), in comparison with what the "book recommends" for zombie trading. How to avoid all this and sometimes get profit by following money management, I have previously spoken and shown with many examples (different options).
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