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HBARBTC

HBAR/BTC (Trading Downtrend)💎Technical Analysis Summary💎 BINANCE: HBARBTC -Hedera Hashgrap is perfectly trading on a downtrend channel -If the Bears can keep the price going down -The chances of testing the key area of support at 248 sat is high -Please do not try to catch the bottom -Wait for proper confirmation or reversal patterns -Let the price come to you and patiently wait for the correct entry `````````````````````````````````````````````` Trading Involves High Risk Not Financial Advice Please Exercise Risk Management `````````````````````````````````````````````` If You Like My Daily Published Ideas A little Help By Supporting My Channel Through Leaving A Thumbs Up, Comment & Follow Happy Trading! --> Thank You! :) ``````````````````````````````````````````````
by PolarHusk
8
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.
BITTREX:HBARUSD
by dudebruhwhoa
HBAR / BTC - Update: Make or Break Time for HBARHBAR has returned to major support area (between 350-380 sats roughly). - If we break and close with a daily candle below the green box, HBAR is likely to move further down - For it to be bullish, we need to get back above the bottom of the yellow triangle (approx 397-400 sats) In the bearish scenario, it's possible a short-term bullish move occurs that takes us back up to 400 area to re-test the bottom of the yellow wedge. In the bullish scenario, the same thing could occur, but we would need to break above the wedge, and then re-test it, or hit the bottom, go down, and on re-test break through. NOTE - typically a wedge like this breaks down after multiple tests of the flat bottom (but there's also a possibility this is a symmetrical triangle, which is why i drew both) NOTE 2 - our lowest low in this wedge was around 332 (near the beginning), it's also possible we hit that low again before breaking back up, so be careful, I prefer not going lower than 350.
by dudebruhwhoa
HBAR consolidation coming to a close? If you like my TA or other ideas, please leave a like to show support. It helps me out a lot ------------------------------------------------------------------- HBAR has been consolidation for over four months and is now showing signs of bullishness If we see a breakout of this symmetrical triangle with a nice amount of volume, we could see a rally to the levels on the chart. MACD is also curling up towards bull territory. Watch this one closely!
Long
by Coinathlon
5
HBAR / BTC - Alternate Idea: Double-Top + Continued CorrectionI've been bullish on HBAR with my other published charts. Here's an alternative idea: We have been in a downward channel since the Google pump ended after we hit our most recent high. We recently re-tested 500 area after a recovery from 350-370s. This idea predicts we tap near or at 500 one more time, at the top of the channel listed above. A conservative target would be 493-495, possibly in 480s. After reaching the target, we will correct back towards all-time lows before heading up to new heights. Sell @ 493-495 (give or take 10 sats) Buy back @ 114-122 (give or take 10 sats)
Short
by dudebruhwhoa
2