Simple HBAR / USD ChartKeep above the bottom of the green box, even better above the yellow line within the green box or the top of the green box, and next up is 61+ cents.
Notice that if a trend-line is drawn connecting our market tops, it lines up with the 2x measured target for a falling wedge breakout.
Note - Typically we expect 1.5x, but crypto often does 2x. 1.5x would have us revisit ATHs in the 45-55 cents range.
Here's a couple of zoom-ins on the daily candle chart w/ the same drawings:
Hbar
HBAR working on its 7th consecutive green candle. It is overdue for a red daily candle, but its pump thus far has been impressive. The yellow horizontal trendline represents the neckline of the double bottom pattern the price action is currently painting. Odds are good it will trigger this double bottom in the near future but I anticipate a slight pullback prior to that. Of course it could defy that probability and continue to just churn out more green candles but odds of an overdue pullback occurring are likely. In the medium term I think it will trigger this double bottom soon enough. First things first it needs to maintain the 1 day 50ma as solidified support. *not financial advice*
HBAR/USDT: READY FOR A HIGHER RALLY.HBAR/USDT Trade Setup:
HBAR broke out of the trendline and it is currently retesting. I am expecting a good rally on this once we see a bounce after the retest.
Entry: $0.205 to $0.211.
Stop Loss: $0.192.
Targets:
$0.216
$0.221
$0.230
$0.243
Use 5x to 10x leverage .
HBAR 0.24 incoming, 180 day consolidation breakoutShort term cup and handle plus fib 1.68 clearly indicate a 0.24 target in the near term. Also note a breakout of the massive 6 month consolidation pennant, including a re-test on the "handle". Start of bull run for sure. Hedera hasn't announced any new GCM since Ubisoft in Feb so next joiner announcement imminent. Strong volume testing happening on testnet indicates potential STEP function may be coming soon. Within next few months target 0.80.
ĦODL. ĦODL. ĦODL.
HBAR massively weekly falling wedgeHBAR has corrected from its high forming a falling wedge reversal pattern on the weekly chart with higher volume weekly candles forming as its come into a weekly demand zone. Price respecting higher high and higher low bullish structure on HTF and in the low of the leg. Id expect to see a reversal to form in the coming weeks and believe this is a bottom forming and waiting for a breakout to the upside out of the wedge. MADC on weekly showing signs of bullish momentum coming into the market as histogram and MAs converge. Another bullish looking alt coin I believe and may go for the highs on the next move
HBARUSDT Price Squeeze and BreakoutHBAR has been an asset that has been beaten down for awhile now. However, BTC and alts are looking good in general at the moment and I expect HBAR to do the same. Right now we see divergence in RSI and a price squeeze that has pushed the price up with the help of BTC (or the BTC LUNA purchased lol).
Tell me what you think?
Not financial advice. Do your own research.
Bullish divergence on hbarA bullish disparity happens when costs drop to a modern moo whereas an oscillator falls flat to reach a modern moo. This circumstance illustrates that bears are losing control, which bulls are prepared to control the showcase again—often a bullish uniqueness marks the conclusion of a downtrend.
Bullish duvergence on hbarA bullish disparity happens when costs drop to a modern moving average whereas an oscillator falls flat to reach a modern moving average. This circumstance illustrates that bears are losing control, which bulls are prepared to control the showcase again—often a bullish uniqueness marks the conclusion of a downtrend.
HBAR into a rising channelThis is a promising project which certainly will do great things in the future, off course it's now suffering as every other altcoin. I see a bearish DIV even on the weekly but that's NORMAL in such patterns and usually it takes time to play out its effects. However if BTC will go down as I expect HBAR's price could break down the channel even during this leg down, even though those last that weekly candle about to close should be a reversal sign.
I'll try to post updates because once reversal will start HBAR will be a great pick to hold for the future. Be sure you check my updates.
Good luck
SL369 crypto reading - HBARGeneral Notes:
- There will be a sense of urgency to always check the prices
- When the markets make new highs, it will come very fast and go very fast. Maybe last 4-5 weeks I think???
- Massive jump in markets. There are some highlighted coins:
- XLM, XRP, HBAR, DGB, ADA, STAR ATLAS, MATIC, SHIB, TERA
- HBAR – Going to have a great month
- DGB – will showcase why it has chosen to solve certain problems
- ADA – will have an extraordinary month
- MATIC – people will be surprised
- I like tracking what people say, maybe we re-create what they are saying on the charts??
Susan Hudd - Thank you for the reading, I always enjoy listening
SL369 - You are the BEST!
HBAR Wedge pattern with some juice?Hellow traders!
Here’s a quick idea with a few tips on entering the trade.
Listed on this chart are 3 different buying areas. The first is the bottom of the pattern entry. This entry area will give you the least amount of risk when pattern trading. If you’re looking for this entry, you will want to see price action bouncing off of the bottom of the pattern on its third swing to the bottom support trend of the pattern. Waiting for a closed candle and another bullish candle to appear in this area will grant you better win statistics purchasing here. This entry presents the best gain potential but, will most likely hinder your win rate.
The second entry point is the breakout area, to me this is one of the more risky plays as you can see here there were multiple wicks crossing out of the upper trend followed by a swift reversal in price action. The best play to take this entry is to wait for a decent time frame to close a candle outside of the pattern. 2hr at very least but, I like to look for a 4 hourly candle. This entry is the riskiest imo, due to the fake outs, the lessor of the 3 entries when it comes to profitability and larger risk compared to your reward.
The last area to enter is the retest area. This is arguably the best area to enter a trade. This one takes patience but, will pay off in the end as a few things happen when you wait for the retest. First, you will see the price breakout of the pattern which in this case is in a downtrend, making a higher high then giving you the first sign of a trend reversal, all you need next is a higher low. Which comes when you have the retest at the top of the pattern. When the price comes to retest you want to see bullishness within the candles structure, which confirms that other market participants may be in the same direction as your trade and has a higher likelihood of success.
Have a Green week and pray for all of those displaced in the dispute in Ukraine!
SAVVY
Potential very large bull-flag on HBAR/USDAlthough I am a crypto-sceptic, I am very bullish on HBAR because I believe it is the only real contender with any potential in the crypto marketplace and it is very likely to displace the majority of it's competitors and become the dominant crypto of the future.
I held HBAR from 1 cent to 30 cents until I liquidated anticipating a pullback and a 2nd entry opportunity.
The pullback did indeed occur, however, it's looking likely that we will not ultimately dip that far below 20 cents.
We can see that HBAR during the 2021 dip-and-rally formed strong MACD convergence during a downmove.
This time, we have an even stronger MACD convergence combined with what appears to be a bull-flag formation within a falling wedge.
Although I haven't done a proper count, I also suspect this may constitute wave 4 which means we could see a substantial Wave 5 move over the Spring + Summer.
The last time this occurred, HBAR pumped by about 260%.
I suspect a similar range could be on offer this time around.
HBAR is also in a Running FlatSimilar to Bitcoin, HBAR is completing a running flat correction, in an uptrend, and should be expected to revisit ATHs; with a good chance of making higher ATHs.
We need our monthly lows to continue closing above 19.5 cents to confirm, and we need the overall market to hold up (BTC continuing in a running flat correction as well).
A couple of positive confirmations we can see that this is the case, now:
1.) Wave B retraced more than 100% of Wave A
2.) Wave C retraced less than 100% of Wave B, and stopped exactly at the 100% trend-based fib extension
3.) The most common relationship between waves A & C is 1:1, on the monthly we are less than 2% shy of exactly 1:1 (very good)
For more confluence, see the links to related ideas below. HBAR's BTC and ETH pairs look very bullish, and BTC's running flat looks quite similar to this one.
HBAR Running out of Runway, Approaching Golden CrossHBAR / ETH pair doesn't have a whole lot of runway left on the weekly chart here, and we're approaching a golden cross of the daily 50/200 MAs.
A break above the triangle that reaches our 1.5x target would take us to the exact location of the 4.236 fib if this drags out nearly all of the way to the end of the triangle, around April or May.
Either way, it looks like HBAR wants to revisit its ATH, potentially higher vs. ETH. Keep an eye on this one.
HBAR wants a new ATH, but needs to break above daily MAsQuick chart, HBAR has an unconfirmed HSi reversal formation, and it's formed right at support (old resistance).
Get and stay above the daily 50/200 MAs and then 710-740 sats and our first target is higher than our highest daily close and our 1.5x target is higher than our ATH.
Related idea linked below.