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HBAR Sets New All Time High As Bulls Maintain Their Power-HBAR is up nearly 95% over the last week 
-Price has formed an ascending channel
 -25 MA has continued to act as support

 Hedera Hashgraph (HBAR) has been outperforming the overall crypto market over the last week as prices have risen nearly 100% from $0.24 to $0.49. HBAR refers to itself as the “trust layer of the internet”. Hedera is a public network that allows individuals and businesses to create powerful decentralized applications (Dapps). HBAR has been growing in popularity & market cap rankings as its now the 39th largest cryptocurrency. HBAR was designed to be a fairer, more efficient system that eliminates the limitations that older blockchains face. 

Ever since the large market fall that occurred on September 7th, HBAR has been on an immensely strong uptrend. This uptrend has pushed HBAR to a new all time high of $0.49. Throughout this period, HBAR has formed an ascending channel formation (shown in light blue). The top trend of this channel has acted as a major resistance as each time price has reached it, it has gotten rejected back down to the median line of the channel (shown in red). At the time of writing, HBAR is trading within a major resistance zone of $0.45-$0.486. If bulls manage to break & hold this zone, we should expect price to reach the target given. 

Throughout this run up over the last week, HBAR has only touched the bottom trend of its ascending channel once. This shows that bulls are immensely in control as price continues to hug the top trend of its channel. At the time of writing, Hedera Hashgraph is trading above a minor support of $0.45. If bulls lose power & HBAR gets pulled below this mark, expect prices to drop to the major support of $0.423. If this level fails to hold, expect price to drop further to the major support of $0.389. This would bring HBAR to the bottom trend of its channel. Along with this trend lies the 25MA. This MA has held for nearly a week now & a break below will likely cause a bearish trend change. 

While looking at the Stochastic RSI, we can see strength is now heading towards the overbought region. If strength continues higher & enters within this zone, HBAR may be in for a push to a new all time high. The MACD has been stuck within a linear uptrend for the past few days. This continues bullish until the blue MA crossed below the orange MA.

 HBAR Intraday Analysis Spot rate: $0.467 Trend: Bullish Volatility: Medium Support: $0.4527 Resistance: $0.486
by CoinGape
HBAR/BTC buy opportunityHi followers, sorry for posting late, after the pair already reached 1st target. BINANCE:HBARBTC formed recently beautiful kind of symmetrical triangle, which already broken to the upside with retest. Great opportunity, 2nd part still in play, with trailing stop. Don't forget to manage your risk! 👌 Good luck and trade with care 🙏 If you like my content - 👍 Like, 💬 comment, 👆 follow and 👉 share! ❗❗❗ Disclaimer: This information is not a recommendation to BUY or SELL. It is to be used for educational purposes only!
Long
by FradkinXBT
HBAR pennant with RSI confirmation and large W pattern brewingForecasting #hbar price action over the next 7-10 days, which includes a weekend. Hedera's 2 year Open Access anniversary on 16 Sept carries potential for maximum marketing impact, newsworthy announcement(s) would be unsurprising. Recent (last 2-3 weeks) track record has seen (a) a new GC member announcement in LSE and (b) a comprehensive study on DLT energy consumption being released by UCL (also a GC member) showing HH as the most efficient DLT platform BY FAR. At a pace of news releasing every 10-14 days, timing is perfect and will trigger a massive pump before 19 Sept given all indications. TA forecast ~0.43c based on Fib retracement, pennant and W patterns FA forecast ~0.50c if price action coincides with positive news over the next 10 days. Market sentiment strong (@CredibleCrypto, @dobuybitcoin, @hbarprice, et al.)
Long
by i004909
2
HBAR / ETH - Looks like We've Bottomed vs. EthereumMassive gains against Ethereum are possible for Hedera Hashgraph in the coming weeks/months. We've triple bottomed here, and it looks like our all-time daily chart could make a giant inverted HS. We've also formed a bottom 3 times within the right shoulder here, and the chart is moving up within a falling wedge, both providing some confluence to the potential for forming our HSi. Hedera could see incredible gains against eth should this occur, let's keep a close eye on developments over the next days and weeks.
Long
by dudebruhwhoa
HBAR / BTC - Repeating Pattern Chart End of August UpdateHBAR is likely repeating the same pattern it did before we made the move above ~460 and tapped 800s. - Back in May we experienced a diamond reversal after two daily candles closed at our last highest highs @ 776 and 791, both wicking into 800s. That reversal brought us back to our support area (green box) around the red target line. - Next, after failing to get back above our resistance area (red box), we formed a head and shoulders that should've taken us down to test the top of the green triangle around 368, similar to what our previous repeating pattern did when it wicked down there before heading up to where we are now. So far that head and shoulders has failed. A failed head and shoulders should've taken us back up to 716-728, our March high, but that hasn't occurred yet either. - Now, it appears we may be forming an inverted HS, which if successful should take us back above resistance and just over 645. This would add confluence to reaching our failed HS target @ 716-728, but could also fail and just as well support the idea of getting back below 400 before heading back up again. Regardless of what happens in the immediate future, I still expect one of three things to occur after either moving up now or moving down first: Option 1 - after getting back above resistance (red box & 645) we move above March high (716-728) and May high (776-791) and reach ATH @ 864 or just above it, then re-test either one of those previous highs before heading up to make multiple new ATHs. Option 2 - we begin to do what looks like Option 1 but stop hard at March high (716-728), and start to make what looks like a giant head and shoulders. That head and shoulders fails and we return to Option 1 Option 3 - Option 2's head and shoulder succeeds and we make a triple bottom on the all-time chart (91-115) dragging this out much longer before seeing our new ATH above 864. Targets after eventually breaking ATH @ 864: -- I'm liking a major stop somewhere roughly between ~1330-1470 -- An eventual revisit of ~3570 where we opened on first trading day -- If we get above 3570, price discovery and it's anyone's guess Previous related ideas linked below under Links to Related Ideas
Long
by dudebruhwhoa
3
#HBAR to $1.25 | #HederaHashgraph Hello Padawans, First of all, do not take this as a piece of financial advice. To me, HBAR is still undervalued. HBAR has its own chain and has a Maximum supply of 50Bn. BTC.D is getting lower, Alts have started their journey to break all its all-time highs. So there is a high chance to HBAR to reach $0.45 level soon. but Bitcoin should stay hustle. Fib Extensions 261.8% 1.2354 200% 1.05 161.8% 0.9354 138.2% 0.8646 100% 0.75 61.8% 0.6354 50% 0.6 38.2% 0.5646 23.6% 0.5208 HBAR will go to $3 at least, but I'm not sure, it will happen in this cycle. Let's see what's gonna happen. cheers. May the force be with you.
Long
by CryptoObi
Is HBAR/BTC getting ready for a great move up?With positive fundamental news coming to HBAR in the past few weeks and days (LSE as GC member, NFT support on Mainnet, and rumours about a Fortune 10 company...), HBAR could be setting up for a breakout against Bitcoin. My thoughts is that if we take out the resistance level at .575, we could potentially test All-time-highs in the pair again. I will be watching if HBAR/BTC manages to stay above my 14 Day EMA. There is also a smaller wedge forming, with the same level of .575 to watch on the upside. As for the downside, pay attention to the .540 level as that could send the pair lower for a while. This is why it is important that HBAR continues to participate in the current bullrun, and does not fall too behind BTC's performance.
Long
by Amci99