Hbar
HBAR / BTC - Monthly Chart: Two ScenariosMonthly chart here. We formed a very clear double-bottom, or W pattern, on our monthly chart.
After seeing an ATH of 864 sats during the "Google" pump of February 2020, last year - we consolidated and returned to bottom (a slightly lower bottom than the one we saw prior to the pump.
Following our double bottom, we rose sharply, not quite reaching our ATH @ 864, but wicking up close to our previous highest wick, and also holding the candle body area above the top of our "Google" pump monthly candles' bodies. This has us holding strong above the middle of our W or double-bottom pattern since we broke it with our pump in March of 2021, thus far.
Now, I see two possibilities:
1.) continue to hold above the middle of our W, and eventually break our ATH; heading in some direction towards our monthly candle's opening price on the first month of trading.
2.) a break below the middle of our W, heading down towards low 300s, and then turning back up to complete a giant inverted HS and back to option 1 above.
Alternatively, market conditions could lead to a triple bottom, as I've previously suggested, but that is still not in focus as a real possibility yet. Break well below 300 and it becomes possible.
HBAR set to move higher Target: $0.58c$HBAR
Hbar has steadily been increasing in volume as the crypto market rallies back its losses.
If the market remained bullish, we could see HBAR rally to $0.58c in weeks!
MACD is slightly diverging to bullish as RSI still has room to move upward
Support at 8c!
A break out of the triangle will invalidate this move.
HBAR / USD - End of August UpdateAfter breaking out of our falling wedge, we formed a parallel uptrend. Eventually we broke above it, and then below it.
Now we are back inside of it and testing the bottom of the channel, while also testing the top of the green box (support). If we remain above both, we should see a quick trip back into the red box.
If we break back down into the green box and below the channel, we may start moving within a range between the two purple lines here with some breaks above and below, dragging this out further before seeing our move back into or above the red box.
Break above the red box, new ATH begins to look likely, there's also potential for a double top depending on what is happening with the greater BTC market. Always keep an eye on BTC.D and BTC to stay informed.
HBARUSDT Technical Analysis
Welcome back Traders, Investors, and Community!
HBARUSDT on H4 has broken above the resistance and the triangle. The price might go lower to retest the previous resistance but then it is expected to go higher.
⬆️Buy now or Buy at 0.23499
⭕️SL @ 0.22442
✅TP1 @ 0.25550
✅TP2 @ 0.26500
✅TP3 @ 0.27777
✅TP4 @ 0.28500
✅TP5 @ 0.29500
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HBARUSDT🌟this alt is currently in a descending parallel channel in the the higher time frames period BUT it has been reacted to the mid line of the channel and refused to lose more value so there is a high chance to get of this channel and make a new path, with canceling this channel HBAR new goal will be its last ATH and after that new records are going to be hitted
👉This idea has the confirmation of "advanced price action" 👍
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HBAR / BTC - BTC.D in Rising Wedge, Alts in Falling WedgeAt the moment, it looks like Bitcoin wants to rise against alts, and it may do so in the short term, but mid to long-term a rising wedge coming out of a downtrend is a bearish continuation pattern for bitcoin dominance, while a falling wedge coming out of a downtrend is a reversal pattern.
Hence, I think there's a good chance alts like HBAR and others are going to see some pretty nice gains against bitcoin. Preface this with the fact that patterns like this aren't always successful, especially in crypto, but they are "reliable" most of the time. Keep an eye on both and let's see if it does what it is supposed to do.
Related ideas linked below
HBAR Bounce Off Long-Term Trend to new ATH?HBAR stuck in massive consolidation since March. Stochastic RSI on the weekly looking primed. If we stay above $0.185 level over the next several days we may see explosive run-up to new ATH in the coming weeks. Next 4-5 days will be make or break. Not financial advice.
🆓Hedera Hashgraph (HBAR) Aug-12 #HBAR $HBARHBAR is having a correction after being rejected at $0.24 area. $0.20 area is a very strong support zone of HBAR and it can help HBAR rebound and move towards $0.26, $0.32 and $0.4 zones in late August and early September. But what if HBAR loses the $0.20 zone. then it will fall sharply to the area of $ 0.16
📈BUY
🔴Buy : 0.195-0.205$. SL if B
🔴Buy : 0.254-0.266$ if A. SL if B
📉SELL
🔴Sell : 0.254-0.266$. SL if A
🔴Sell : 0.312-0.328$. SL if A
🔴Sell : 0.39-0.41$. SL if A
♻️BACK-UP
🔵Sell : 0.195-0.205$ if B. SL if A
🔵Buy : 0.156-0.164$. SL if B
❓Details
🕯Timeframe : 1 Day
📈Red Arrow : Main Direction as BUY and SELL section
📉Blue Arrow : Back-Up Direction as BACK-UP section
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
🅰️A : The Close price of candlestick is Above the zone
🅱️B : The Close price of candlestick is Below the zone
ALTCOIN REVIEW by Artem Shevelev — 12 August 2021Hey guys, in this review we will look in another important altcoins which extremely popular among crypto holders 👍
1. DOGE
2. THETA
3. HBAR
4. ADA
And lets start from DOGE coin
which is forming some interesting pattern, which I will cover more detailed in next reviews. Price located in between DMA100 and DMA200, still in bullish shape, but now price might wanna reach 0.5 Fib level at $0.34 - 0.35. From these levels I will expect pullback in bearish side.
Another altcoin for today is THETA token
It gave holders good profits on last move carrying almost x2 from last swing low. But now price seems like heading south again, facing resistance in the zone of $7.0 and downtrend as well as DMA 200 and DMA 100 death cross.
Take a look at flat-surfaced HBAR
It seems to me it is some kind of distribution going on, I've seen this manner last year and surprised by seeing it this year happening again. Looking south for this token on next period.
And last for today is ADA (cardano)
Have to admit, price of cardano made significant profits for holders, especially for long-term buyers who holding since 2020-lows.
Right now price stuck at 0.618 Fib zone from last ATH, and seems to me it is quite exhausted for another run upside. I bet on bearish outcome for mid-term, so for coins which left in portfolio I will try to fix in this zone to avoid unnecessary risks.
Thanks for your time, stay safe
Best regards
Artem Shevelev
HBAR (ℏ) ;Hedera Hashgraph ANALYSIS HBAR (ℏ) ; Incredibly fast. Predictably low fees. Finality in seconds.
What Is🌟Hedera Hashgraph🌟?
Billed as the "trust layer of the internet," Hedera Hashgraph is a public network that allows individuals and businesses to create powerful decentralized applications (DApps).
It is designed to be a fairer, more efficient system that eliminates some of the limitations that older blockchain-based platforms face — such as slow performance and instability.
👉The HBAR token has a dual role within the Hedera public network:
First and foremost, HBAR the fuel that powers Hedera services, such as smart contracts, file storage and regular transactions.
Second, it's used to help secure the network, since HBAR users can stake their tokens to assist with maintaining the integrity of the platform.
coinmarketcap --hedera.com
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✅TECHNICAL ANALYSIS
As you can see in the Weekly time frame chart for HBAR /USDT, the price is trading around 0.21 $ .
Hedera is advancing in an uptrend channel And after reaching the middle of the channel, we saw a decrease in price. In the last two weeks, after reaching the first green support in the weekly timeframe, as well as its EMA of 50(yellow), it reacted and moved upwards. I do not see a possible downside power and hasn't important resistant until 0.44$ . However, if it falls, it could fall to around $ 0.13 by the next support, which is also close to the bottom of the bullish channel. where a good place to buy more and more.
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💥(Anyway, my constant suggestion to my dear community is to buy step by step ( in a few steps) , With considering risk management , Because this crazy market is very volatile than you have never seen in any other markets .)
💫(also Following security measures is vital in cryptocurrency trading. Always remember that $100 worth of a token may become a fortune someday. So treat every penny with respect.)
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