HBAR / BTC - A Return to Bottom & Potential Double BottomHBAR's BTC pair has returned to bottom, just a few satoshis away from its all time low of 114-115. This is either an incredible buying opportunity, similar to ltc or eth in 2016-2017, or.. we break through our strongest resistance and head to new lows and price discovery.
The USD pair is not back to bottom and has been forming a giant W pattern. I'm expecting this to move within the next month give or take a week, RSI has been bottomed out for a long time now, and volume has been nonexistent. Even a small bump in volume can create a pretty insane move.
That said, a massive pump from BTC can utterly destroy the BTC pair here and still cause gains in USD, so be cautious.
HBARBTC
The most BULLISH Chart in CRYPTO!This is just my thoughts on the most bullish chart in crypto. HBAR will probably be listed on coinbase and many other major exchanges once they complete their Rosetta Integration. The token has been asleep for now and anything under .04 is a great long term accumulation in my opinion. The targets posted in the chart are conservative and only represent the first impulse, HBAR can and will go much higher and I personally believe HBAR will a top 10 coin by the end of 2021. The token is unlike any other in the industry.
The targets listed top out at 45 cents USD per HBAR with BTC @ $30k
Looking at the broader crypto market, at the end of the cycle, I believe BTC will be down to 15% market dominance and top out around $80k USD (1.4T marketcap). Given those figures, I project the crypto market as a whole to be between 9 and 10 trillion USD. I believe ETH will hit 20k per coin and also top 2.4T market cap. When you remove the ETH and BTC marketcap from the total market cap, there's about 5T left over of marketcap spread among the rest of the coins. When you compare the remaining 8 coins in the top 10 to the rest of the market historically you'll notice that those coins consume about 81% of the remaining market cap. If I'm correct and there's roughly 5T of marketcap left over when you remove BTC and ETH, the remaining 8 coins should account for about $4T (80% of $5T). Even on the low end of the top 10, HBAR could have a marketcap well north of 300 billion USD. Given the amount of tokens that will be in circulation by then (roughly 9 billion), that would create a token price of HBAR north of $30 USD. From these prices, that would represent an 877 times return on your investment.
I realize this is sheer conjecture but, it IS in the realm of possibility. HBAR has the best partnerships in the community, better technology then any other crypto and the THE ONLY A-byzantine fault tolerant crypto on the market. There is a tremendous amount of development being done on HBAR too. Hedara currently ranks #2 for enterprise crypto projects by Blocknomy blocknomy.net and also rank as the 6th best project overall! Enterprise solutions are where the major adoption will take place, BTC is a store of value and ETH has scaling issues (both have flaws) HBAR seems to solve all of those issues and more.
Obviously this is only MY thoughts on the market and NOT financial advice, please do your own research.
Please take a moment and let me know your thoughts on the crypto market and where you see things going at the end of this cycle. How high do you think HBAR will get?
HBAR - a phantastic second chance opportunity !!I was lucky when I bought HBAR right at 31.12.2019, at around 1 cent !
One month later there was the announcement of Google Cloud partnership that made price skyrocket to 8 cents in a matter of days !!
In satoshi terms the price has come down to around 100 sats again,
Offering us a fantastic second chance entry point !!
Moreover there is a huge 1 year positive divergence between price (red line) and RSI (green line).
I have 0 doubt !
This is as a good deal as it can get !!
I am accumulating !
HBAR / BTC - Potential Double BottomThe HBAR / BTC pair has reached the (All Time Low) bottom and at the same level of exactly one year ago. Look left and you can see what happend then.
We can see here a potential double bottom on the daily candles.
Wait for a clear reversal to get into this trade.
On the 15 minutes lower timeframe we already see a reversal. The 20 EMA has crosses above the 50 SMA .
If The 20 EMA crosses above 50 SMA on the 1 hour candles we will see a clear start of a new uptrend for the HBAR BTC pair.
My targets for the long run when the 20 EMA crosses above the 50 SMA on the 1 hour candles:
.00000292 (.236 fib)
.00000401 (.382 fib)
.00000489 (.5 fib)
I will take 30% profit around every fib rule and buy it back when it retraces to a support level and makes a new reversal.
!!! Never loose a winning trade !!!
Sheers,
HEDERA (HBAR) TIME TO PAY ATTENTIONAfter an extremely long bear market price is approaching the final support.
That support area is where I will be looking for a long term play on Hedera.
The token is fundamentally strong and from a technical perspective this area
offers an attractive low risk high reward play. This can be an amazing opportunity.
HBAR / BTC - 4H Beautiful Triple Bottom FormingBeautiful bottom forming on HBAR / BTC pair right now. These things don't always play out as planned, but a triple bottom is a really strong pattern if confirmed w/ a break above 163 sats. The bottom forming here could also be called an Adam and Eve pattern, which is interesting because the USD chart is printing an Eve and Adam pattern (both bullish).
For the sake of publishing this - I drew a couple of very short term targets if this occurs, but I think it has room to go much higher. I feel like we'll revisit 497-517 sats, and potentially revisit previous highs around 7-800s or exceed it. Bitcoin can ruin everything as usual, so keep an eye on it, and keep an eye on BTC dominance.
The weekly candlestick chart shows a double bottom forming - the last two weekly candles on the chart.
The USD pair looks incredible as well:
Full disclosure - I've been wrong more times than correct in attempting to chart HBAR; where my other charts have had a lot more success. That said, HBAR is my longest term bet because I personally believe in the project / team. Any movement down has been accumulation for me, so I'm happy either way it goes.
HBAR / BTC - Possible Eve & Adam Double BottomNotes on the chart, see USD pair charts below, zoomed in here:
HBAR / BTC - Correlation of Pivot Points for HBARJust an observation showing correlation between pivot points on the way down before the previous big move, and in the downtrend that occurred after that move.
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🔥Hello dear friends!💋
While Bitcoin has been sideways for several days, altcoins are giving just excellent results.🔥🔥🔥
I would like to pay your attention to some of the cryptocurrencies that have been forming a falling wedge for several months.
Because the two levels are not parallel it’s considered a terminal pattern. This implies that it must eventually come to an end.
MY ADVICE to You , my dear💋
The price may not fall so low, that's why I always recommend splitting buy orders!!!Buy little now for don't miss entry point.If it goes lower, then you average the buying price - it will be great anyway!
Tell me, do you trade ALTCOINS / BITCOINS?
how are your results?
I try to be useful to You🧡
Always sincerely with You😊
Your Rocket Bomb🚀💣
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.
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
A big Thanks for donating 💰 via Tradingview coins this week to CITIZENCAINE 🙏🎉
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