HBAR / USD - Reversal after long DowntrendAn uptrend is forming within the channel shown on the chart. If we can get above the red box (resistance), we may test the top of the channel again soon.
If we break above the channel, we could revisit 0.55-0.6 cents, or higher.
BTC pair also looks good for a reversal.
Hbar
HBAR / USD - Weekly Chart potentially forming HSiHBAR / BTC pair has been in a downtrend for a good while now without any significant corrections. It feels due for a correction soon. The USD pair here shows potential for an inverse head and shoulders pattern forming, and we could be at or near the bottom of the right shoulder. Volume is starting to rise as well. If it plays out as suggested on the chart idea above, it should complete this pattern around mid to late December.
Keep an eye on this, but beware goings-on of BTC
- also be mindful that HBAR has a much lower USD bottom prior to the google news, and hasn't yet re-visited previous BTC pair bottom either (if it will get there, we're hovering around 185-190 sats, previous bottom was 114 sats).
HBAR / BTC - ReversalThere's a decent chance for a trend reversal occurring on HBAR / BTC pair right now:
1.) RSI is bottomed and turning upwards
2.) We've just barely broken above the triangle.
3.) Volume has been insanely low throughout the downtrend, any real volume coming in will pump this
Need to stay above 201 sats to continue. Good luck!
HBAR/BTC Main trend. Potential reversal zone. Past idea + 500%HBAR / BTC In this idea, I showed the main development trend of this cryptocurrency. It is a fairly new cryptocurrency. It is currently ranked 65th in terms of capitalization according to coinmarketcap.
On the charts, we see a descending channel, the removal of "passengers". Return through the concave bottom and, as a result, pumping up the price by + 500% of the average values of the 2nd phase of the concave bottom.
Then, after a partial reset of the position, a horizontal channel began to form with a step of 50% for 2 months while maintaining the 360 level zone. This horizontal channel is the zone ....... of the position of this coin. After 5 months of the existence of channel 13 09, this channel (support 360) was pierced to eliminate "stuck passengers". At the moment, there is a breakdown of the secondary trend of the downtrend. A fractal is forming. Possible price reversal zone.
For this trading pair, I have accompanied the price in updates to the trading idea published on December 4, 2019, right up to the pump itself. 2 days before the pump of this cryptocurrency, I made another trading idea, which is published on this site. I will attach these ideas under this trading idea.
False movement + 12% to the downtrend of the main trend.
A very large number of people believed in the pump. The price returned to support. Critical zone (red).
The potential to break it, like the bulk of the crowd, is aimed at quick and easy money. The crowd always loses.
Downstream channel. Removal of "passengers".
Downstream channel. Break of the downward trend line.
Return via "Dragon". The crowd's belief in growth has been killed. Believers in leave the ship before surfacing.
Forming the Cup. Ross Hooks are in phase 3 of this pattern.
+ 500% after 2 days
The previous trading idea for this coin gave a profit of about 400% 2 days after the publication of the idea, and whoever followed the updates of the first trading idea and idea with work in a downward channel could get much larger profit, as the entry point (Local Dragon) was shown at the lowest price values. From her, the first impulse-pump + 500%. Real profit from + 500%, depending on who trades how 200-300%. The liquidity to reset the position to + 300% was acceptable.
The main thing is to “kill faith below” and “give it above”. Faith is a terrible force. Depending on how you use it, it can either replenish your deposit or empty it. Think not like the main crowd of the market. Make your mind work for you.
✳️Hedera Hashgraph/USDT (2/11) #HBAR $HBAR #HBARUSDTHBAR is at its lowest price since March, at 0.029-0.03$, so we should continue to believe in this zone, because if HBAR can rise from here, it will be pushed up very strongly with Double Bottom pattern. And the highest achievable target is at 0.0475$.
However, if the 1D candle closes below this support, HBAR will quickly fall back to the 0.02$ zone
📈BUY- LONG Strategy
- Buy: 0.029-0.03$. Stoploss if B
- Buy close to 0.034-0.035$ for more if A. Stoploss if B
📉SELL-SHORT Strategy
- Sell: 0.034-0.035$. Stoploss if A
- Sell: 0.038-0.039$. Stoploss if A
- Sell: 0.047-0.048$. Stoploss if A
♻️BACK-UP Plan
- Sell close to 0.029-0.03$ if B. Stoploss if A
- Buy: 0.018-0.02$. Stoploss if B
❓Details:
Condition A : "If 1D candle closes ABOVE this zone"
Condition B : "If 1D candle closes BELOW this zone"
HBAR/BTC 91% Potential from here with Tight Stop Loss#HBAR/BTC TA Update:-
#HBAR currently trading at 198 Satoshi
And low was 187 Satoshi.
And Very good strong support here.
So I am buying #HBAR also.
Entry:- 190-200 Satoshi
Targets:- 243/295/350 Satoshi
Stop loss:- 285 Satoshi
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Must follow me for Latest crypto retime updates.
Thank you.
HBAR / BTC - Should see an uptick soonHBAR is nearing the bottom of the channel on this downtrend. It may continue down for a bit to around 225 sats or slightly lower/higher, and then we should see some bullish movement, at least back to the mid-point of the channel. I expect this thing to turn around, but a break below the channel here invalidates the idea and confirms further downside.
HBAR/BTC (Next Support at 200s Sat?)💎Technical Analysis Summary💎
BINANCE: HBARBTC
-HBAR is still on a strong downtrend after breaking its support
-If you are looking for a potential buying area or support
-The range between 212-190s sat might hold some potential
-Though this zone is only a minor consolidation
-But it was the start of a strong pump last Feb 12, 2020
-Wait for any bullish reaction before entering your trade
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HBAR / BTC - Hedera Hashgraph at a turning pointWe've had a recent shift in movement in HBAR, chart suggests we'll reach somewhere just below 450.
Note - I actually expected this to go back to bottom again before moving up, which is still certainly possible, but if we break above this channel, the monthly does look like a giant bull flag and this thing could really see some movement. We've had quite a few extended fake breakdowns before seeing real movement in HBAR. The tech behind this coin is different than everything else out there and no matter what happens I feel like its worth following long-term.
Breakout for $HBAR ? This is my first idea ever.. ! HBAR seeing some strong support this morning and breaking a downward trend. The last recent high was around $0.06 and most of the fall to $0.03 was due to a market-wide pull back. I believe we will target back toward $0.06 very quickly, assuming the overall market stays strong.
HBARUSDT AnalysisEngineeringRobo and I are currently bullish about HBAR.
If you are holding HBAR at the moment, you should likely continue to hold. If the candles continue down, sell is advisable if the candles break down below the 0.02 support level.
If you are interested in buying HBAR your options are:
- Buy with EngineeringRobo buy signals
- Buy at the 0.029 support level.
- You can also buy at the downtrend line.
If buying with EngineeringRobo buy signals, pay close attention to EngineeringRobo sell signals.
If you are interested in using EngineeringRobo, DM me!
HBAR / USD - Two Possible ScenariosBearish - a break below the wedge may head further down, and if we break below the horizontal line, we've confirmed a double-top and may revisit all time lows.
Bullish - if we stay within the wedge, above the area being tested now, a return to all-time highs or higher is possible
Side note - a triple top is another bearish scenario that could possibly play out if all-time high is reached again and strongly rejected.
The USD pair for HBAR has been easier to chart than the BTC pair, which is not typical for altcoins, outside of the top 5-10.