HBAR: almost ready?Hedera is forming a falling wedge for half a year now.
The breakout is nearing and each day.
Hedera team is also working more on marketing strategies, releasing new advertising campaign around the world, starting with Denver airport.
Recently ubisoft joined hbar's governing council, this gave some boost to hbar price increasing its value.
That move took hbar out of the downtrend and it's now retesting the flipped resistance.
The falling wedge is close to the breakout and all the good news (not only for hbar but also for the crypto world) are coming togheter. This will make a "blow up" effect which will take the price to a breakout.
Thx for reading.
Here for you, as always, CryptoSoap!
Hbar
HBAR vs. LINKQuick comparison, HBAR and LINK / USD (BTC as well) charts share similarity. I brought this up a long time ago, early into HBAR's chart.
This similarity has continued to be true, and I think HBAR is due for another major leg up soon. There may be a bit more downside beforehand, but I don't think it will stand for much longer.
There was also some similarity shared with early LTC, and a new comparison yesterday with SOLANA and HBAR for their BTC pairings.
See links to original posts below under links to related ideas for the various comparisons at different times.
HBAR today vs. Solana Last AugustWeekly charts for both create a nearly identical pattern in a right-angled ascending wedge. Solana happened faster, HBAR is taking it's time.
What do we know about things taking their sweet time to move? The longer it drags on, the bigger the move.
Pattern similarities shared:
- both in right angled ascending wedges
- both made 3 pushes higher
- push 1 follows with a higher low than push 2
- push 2 follows with our lowest low
- push 3 is significantly higher than the rest
- push 3 correction is steep, drawn-out, but ending in a higher low than all the other pushes
Let's see if HBAR continues to share similarity here when it finally decides to exit the wedge.
HBARUSDT, It can make new LLHello everybody
One of the most popular and powerful project in crypto is hedera hashgraph, You must be asking yourself, Why ?? Because ...
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According to the chart and our previous serial analysis, after the price broke that trendline support zone area the price its be ready to fall down and make new LL and this scenario happend and after some pullback we were made new LL and now the kind of last cycle can be happend and what kind of root that we shown on chart can be happen and make new LL.
If you wanna entrance in position and make profit from this maybe drop price you should observe your capital and put your stop loss at the end of the higher shadow of HL a little upper and sit and only manage your position, because the trend do everything we wanna need . :D :D :D ;D
Good Luck
Abtin
Previous analysis :
HBARUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in the daily time frame. There is the S1 line which the price has hit several times and moved up. You see that the price has hit the S2 line 2 times and then moved up. There is the R1 line which the price hit several times and could not break it. The price has now broken it but is not stabilized yet. We expect the price to move up to the R2 zone from here. If it goes below the S1 line, it can go down to the S2 line. If it goes lower than that, we will update our analysis.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
HBAR looks primed and ready!I Feel like I am posting a lot of wedge formations at the mo but I presume that is because a lot of coins have been following btc. This chart setup looks lovely from my perspective! we have the higher low red trend line as major support and is being respected with some nice sharp rejections. also an enormous falling wedge formation which looks textbook with each trend line being respected with good rejections. The latest rejection on the upper trend line looks softer then the previous which is a good sign. A pullback now to 0.23 will be perfect for entry after confirmation before HBAR breaks out impulsively.
HBAR Breakout!!Hedera is looking very nice as talked about yesterday, we had a bullish breakout of our bullish triangle and another significant now support level at 0.254 cents (USD). Overall its looking like we could be in for a bit more of a run before cooling off for a healthy couple red days, keep in mind Bitcoin is the biggest factor aswell so we need to keep an eye on that for market direction. My thoughts are that we could possibly get up to the 0.2 FIB level before coming back down briefly but then again we could smash right through aswell. Heres why... the bollinger bands, our top band lays directly above our current price action we actually wicked too it today, but if we can get up and close ontop of this top band price action could get some big momentum. Most of the time when we see closes ontop of this top band price action goes for a significant run to the upside, the same applies with the downside. Now lets look at our wavetrend, this is where i start to feel like we could see this bullish wave coming to an end soon, but then again we still could have a long ways to go. We are just breaking through the midline and we are still pointing pretty vertical, we are seeing a slighyt tick down but we are still point up (good sign) the slight curl down makes me believe that the bullish steam is fading away. Now this will tell us more when we get here, but the white resistance line we got rejected at 2 times in a row, we are quickly approaching this level and if we can successfully breakthrough we are looking at a potential run to the top zone!! If we reject or start to curl heavier we could be coming down for brief downside. Now the MACD is looking decent, we are still seeing increasing green bars day after day but our current bar doesn't have much increase from yesterday, this could be a sign of momentum fading and the beginning of a decrease to come! Now i personally hope we see a little downside as i will be DCA more into this project as discussed yesterday! Not financial advice just my opinion!
HBAR Analysis1W/1D Charts
HBAR price action on weekly looks nice here, big impulse moves up and corrective moves back into demand zones.
Had a nice reaction off weekly demand zone forming another reversal candlestick formation with a pinbar close on prior weekly candle.
Again, MACD converging and showing some signs of strength with bullish divergence on the daily.
Come into a daily supply zone, expecting a reactionand pullback into the weekly demand zone again.
HBAR possible drop zoneLooks to me HBAR still didn't find bottom. Have couple option what I watching atm. Small drop and reaction from there (all is again up to BTC what will happens) and if bulls manage to break that upper resistance I will consider new alternate count. If we see rejection from upper resistance or bulls not manage to hold this level just little bit lower where is price now watch for larger support bellow.
Also this is what I watching on HBARBTC .
HBARBTC is on very important support. If bulls don't hold and push we can see even larger drop.
HBAR formed a big bullish Gartley for upto 210% huge moveHi, dear friends, hope you are well and welcome to the new trade setup of Hedera Hashgraph (HBAR) coin.
During the previous market crash, HBAR formed a big bullish Gartley which I shared as below:
Now during the current drop, HBAR has formed another big bullish Gartley on the weekly time frame once again. There is also 100 SMA moving aggressively to the upside to provide support to candlesticks.
HBAR POSSIBLE HUGE BOUNCE TRADE!!HBAR had a really big correction like everything the past few weeks, but we did all the way down to our falling wendge which is a bullish pattern. So i believe we might see a really nice pump to the upside if we get to the target price because of the huge support of the base line! This support holded for long ! Lets hope to hold once more! Be patient and wait for the perfect entry. No rush i strongly believe bitcoin will have one more retest before the pump to the upside!
CRYPTODROU
Happy Trading!
🔥 HBAR Bullish Channel: Bearish PressureBearish pressure is mounting for HBAR, which has been dropping since half October. Furthermore, there's much more downside risk for HBAR for the coming weeks.
HBAR is trading in a huge bullish channel, which exists for >2 years now. I'm looking at the yellow marked area for a potential entry. Be aware that we're only going to reach this area if we see more bearish price action in BTC and the overall stock markets.
Happy trading!
$HBAR - Cycle finished in September. Cycle was finished all along. I found the full history on BITTREX which is more chartable than binance (longer history). I'm expecting another move down as with everything else once we finish this relief bounce. $0.13 is an ape in zone. $0.155 is a nice bounce potential too because of previous s/r.
We can clearly see 5 impulse waves here. Assuming ABC for now, but its almost certainly not going to be a triangle because of the guidelines for wave 2.
Trade safe.
HBAR - Marco Shift In Momentum Soon!Hello everyone, if you like the idea, do not forget to support with a like and follow.
HBAR is approaching a strong support in green so we will be looking for buy setups.
on DAILY: HBAR is forming a wedge pattern in red, so we are waiting for a new swing high to form around it to consider it our trigger swing. (projection in purple)
Trigger => Waiting for that swing to form and then buy after a momentum candle close above it (gray zone)
Meanwhile, until the buy is activated, HBAR would be overall bearish can still trade lower inside the green support.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
HBAR- consolidation is almost finishHedera hashgraph is in consolidation now for 305 days, since march 2021.
The first consolidation range took more or less 322 days before blasting off to new levels. For all the year 2020 hedera staied in a range between 0,025$ and 0,060$. After breaking out it reached its peak of .45$ in 77 days. It was up a modest 1400% in just two months of crazy PA. This lead to the 2th consolidation period, which hedera is still in.
Surprisingly hbar is still in the same range but up a 10x more:
-1st consolidation; 0,025$-0,060$
-2th consolidation; 0,15$-0,60$
So what can we expect from a new bullrun?
Let's try figure it out.
We can see that from the bottom of january 2020 the price went up and touched an 800% increase at its peak, leading it in the first consolidation range.
From the bottom of january 2021 hbar increased then 1600%. This took us in the range we currently are.
If we want to keep it simple we can say the next time hbar will make a parabolic rally it will probably increase the double of the previous peak. For example:
-1st peak:800%
-2th peak: 1600%
-3th hypothetical peak 3200%
That would take the price to around 4/5$ each token.
We can also notice the increase rate can be 8x more each time:
-1st peak:800%
-2th peak:1600%
-3th hypothetical peak:2400%
That said this not my favourite theory cause it doesent keep the fact that bigger caps will increase less with time. Anyway there's potential in this token so its possible (it's also a very young token).
Fibonacci is another way to predict future peaks and the targets could be:
-0,95$
-1,50$
-2$
That said i dont think hbar will stop at 2$ but when it will reach this target i will be more cautios.
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HBARUSD 3 signs that point to a rallyHedera Hashgraph may be on Higher Lows since the December 04 sell-off, showing more promise compared to the market average, but remains under the selling pressure of the Lower Highs trend-line of the November High.
As this 1D chart shows, a very similar Lower Highs trend-line, has taken place during the previous HBARUSD correction in May - June - July 2021. The price however broke above the trend-line after a series of 3 events:
* 1st the 1D MA50 (blue trend-line) crossed below the 1D MA200 (orange trend-line) to form the Death Cross. Even though that's typically a bearish formation, it signaled a bottom on that last May - July correction.
* 2nd the RSI was on a Channel Down that also broke upwards.
* 3rd the Ichimoku Cloud rolled over (squeeze).
The price has currently fulfilled all the above parameters that kick-started the August - September rally. It remains to be seen if the Higher Lows trend-line can hold and push the price above the Lower Highs trend-line. What do you think?
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HBAR / BTC - Channel exit may indicate direction of RAAWHBAR / BTC weekly chart has formed a right-angled ascending wedge (RAAW) since double-bottoming, rising to new highs, and then creating support over its May-Aug 2020 highs.
Since peaking in Sept 2021, we've formed a corrective channel.
Exiting to the upside or downside of the channel could help indicate whether we maintain that support and see continuation of our uptrend and an eventual exit of our RAAW.
Targets for channel exits in either direction and for the RAAW are shown on the chart. Reaching TP 2 of a bullish channel exit would confirm a continuation for our RAAW.
Reaching channel bottom would confirm a bearish exit of our RAAW.
However - channel bottom lies right at the lower-end of strong support, so it's possible it could still turn up from there, but unlikely as we've held the top of that support since exiting it back in May of last year. Exiting below the channel and below strong support may lend certainty towards a bearish trend heading towards a bullish triple bottom.
The target for our RAAW lies around 1765 sats, but the mid-point for that remains a strong stopping area for me as mid 13-1400s sats are original TP 1s for the double-bottom.
Long-term targets:
- Bullish: 1440 and then 1765 sats
- Bearish: Look for a triple bottom with a stop between 92-156 sats