HBAR / BTC - Channel exit may indicate direction of RAAWHBAR / BTC weekly chart has formed a right-angled ascending wedge (RAAW) since double-bottoming, rising to new highs, and then creating support over its May-Aug 2020 highs.
Since peaking in Sept 2021, we've formed a corrective channel.
Exiting to the upside or downside of the channel could help indicate whether we maintain that support and see continuation of our uptrend and an eventual exit of our RAAW.
Targets for channel exits in either direction and for the RAAW are shown on the chart. Reaching TP 2 of a bullish channel exit would confirm a continuation for our RAAW.
Reaching channel bottom would confirm a bearish exit of our RAAW.
However - channel bottom lies right at the lower-end of strong support, so it's possible it could still turn up from there, but unlikely as we've held the top of that support since exiting it back in May of last year. Exiting below the channel and below strong support may lend certainty towards a bearish trend heading towards a bullish triple bottom.
The target for our RAAW lies around 1765 sats, but the mid-point for that remains a strong stopping area for me as mid 13-1400s sats are original TP 1s for the double-bottom.
Long-term targets:
- Bullish: 1440 and then 1765 sats
- Bearish: Look for a triple bottom with a stop between 92-156 sats
HBARBTC
Hbar (and the whole market) is ready to pump.We can notice a pretty bullish divergence on hbar 4 hour chart. Also the weekly stochastic is very low and ready to pump.
-1th time it was this low—>8x
-2th time it was this low—>12x
-3th time it was this low—>4x
-4th time it is this low—> 4x? 8x?12x?
The setting looks similar to the previous pumps and hbar has been building a good volume these days. Im pretty excited for whats coming and im very catious at the same time. I believe its time to hold more than ever right now and im maybe wrong but i will still hold!
We can also notice the price being between 0,018/0.060 during all 2020 and during all 2021 being between 0,15 and 0,60. We simply just added a 10x and consolidated higher. HOPE IT HELPS!
Here for you, as always, Crypto Soap!
ENJUSDT, We are in correction of our breakwaveHello everybody
According to the chart, the price was broke the trendline support and according to the trend of the price that is downward and we think the price is going up to have correction of this last movement of the breakwave and after that its ready to drop more according to the trend, the price can go above of the key point level that we shown on chart the price can move upwards and we update the chart that time, until now this analysis can be happen and we can buy in support zone area that we shown it .
Some of our previous analysis of HBAR :
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HBAR / BTC - Successful Re-test of Weekly BreakoutBack in early -> mid September, HBAR broke out and tapped 1200 sats and then quickly corrected back to re-test it's weekly break-out trend. Bitcoin and most alts are doing the same on HTF charts, most on weekly while TOTAL crypto MC appears to be doing the same on monthly.
HBAR is among some of the first to react at this area, appearing strong and unable to reach its trend, only wicking down to this level and then a strong reaction pushing back upwards.
There was also the potential for a double top on the LTF, which brought us down to 492, but with the reaction mentioned above we failed our double top and got back above 567. At this point, if we stay above 567, we should see 720. Get and stay above 720 and our failed double top on the LTF has us heading back towards our previous ATH (prior to 1200) @ around 864 (target on the chart is 874).
If we can manage to get above 864 again and hold, we're likely to revisit our highs and potentially break above them.
Meanwhile, look out for a possible re-test of the area around 567 if we turn down momentarily. Again, if we stay above 567, HBAR should see continue moving up, above 720 a much stronger move starts becoming possible.
Hbar/btc looks strong! The hbar/btc pairing looks so good right now. Its holding the most important support.
If btc has stopped his bleeding we are probably ready to have some altseason gains.
Also the btc’s dominance is looking extremely bearish and ready to break the april/may ATL.
Come on hbar!!
Here for you, as always, CryptoSoaP!
Hbar chart is speaking, can you listen?We can see that hbar created two channels, the first one has been created in late july and after that we broke upwards and created a trend line which we generally followed until the first half of November. RSI had also followed this trend.
We are now retesting the late july levels both on rsi and price. I expect hbar to hold (or slightly lose the lower trendline and re-gain it in no time) and start of a new impulse “july” like.
It will be a new page for the crypto market as bitcoin will move higher than the previous ATH surprising everyone and continuing his bull-run until half (or late, who knows) 2022.
Hbar foundation is also starting to create a good and hot ecosystem. We have hashport and maybe a dex coming with it?
It would be spectacular to see hbar tnxs at speed-limit (if theres a limit😉).
Here for you, as always, Crypto Soap!
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$HBAR Hedera slowly climbing higher.Hedera is a blockchain-like public network for enterprises to power DApps, build P2P payment, and socialize in a trusted environment.
$HBAR in range for all time high this year.
Take profits on the road. And please let me know your idea about HBAR.
Green line : take profit
Yellow lines : support/ resistance
Red line : Stoploss (lower support)
In the long term buy imo.
DYOR and not FA.
HBAR / BTC Weekly Parallels, Potential Targets, Dec Week 1 or 2Was playing around with a new idea for HBAR / BTC weekly chart here and decided to share:
HBAR has been in two different parallel channels on the weekly:
Red Parallel: started with our first move up, has weakened but still wicked to the top of the channel and hasn't yet broken below.
Purple Parallel: has held above our first move up, and has cleanly reached the top of the channel 3 times now, has yet to reach the bottom here (if it did that this week, it would be around 586 sats).
Assuming we stay at least within the purple channel, or even the red - potential targets for 3 weeks from now are drawn in white:
- Targets touching the red channel bottom, mid-point, and top are based on not dropping below the bottom of our red channel.
- Targets touching the purple channel bottom, mid-point, and top are based on not dropping below the bottom of our purple channel.
Invalidation of Idea:
Dropping and closing a weekly candle below both channels cancels this plan.
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Original / Related Ideas Based on a Long-term Double Bottom Pattern for HBAR are Linked Below
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HBAR / BTC - Double Bottom Targets ChartHere's a weekly chart showing potential targets for HBAR / BTC after having double-bottomed.
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IMPORTANT NOTES
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Before we can start using this chart, we first need to get and stay above 847-864 sats (0.236 fib and previous daily ATH before it was breached).
If we don't manage to do that, a triple bottom becomes possible - so keep that in mind.
Also, note that this is an OkEX exchange chart which has a different weekly candle schedule than most exchanges, so it will look different than Binance or Bittrex, for example.
Also, the listing day ATH on Binance was 3573 sats, so if we actually revisit that area, it may go higher than what is seen on here with the high @ 3294. I'm simply using this one because it was a fresh chart with no prior drawings.
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TARGETS
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This chart shows two different potential TP 1 and 2's for our double bottom, indicated by the two different colored sets of two arrows (white - more conservative, yellow - more aggressive).
Conservative TP 1 = 1437 sats and a range around that and the 0.382 fib around 1315. A safe TP 1 might be something in between, like 1367 for example.
Conservative TP 2 = 2130 sats and a range around that and the 0.618 fib around 2070. Instead, we could also use the mid-point of TP 2 as a safer TP 2 which would be around 1786 sats
Aggresive TP 1 = 1637 sats and a range between that, our 0.5 fib of 1692, and our conservative TP 2's midpoint @ 1786. So, 1637-1786.
Aggresive TP 2 = 2438 sats, or a range between that and the 0.786 fib @ 2609.
Finally, if we can get above all of these, it's possible we re-visit or even breach our listing day high @ 3294 (3573 on most exchanges). Get above 3573, we go into a new area of price discovery.
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TRADING RANGES
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I like to pair our pattern targets with fibs for confluence, but also for estimating potential trading ranges.
So, we could also use the purple boxes, as well as the black areas in between them, around our targets and fib levels as potential trading ranges.
HBAR / BTC - Falling Wedge to Daily HSi Success or 4H HSi FailBullish daily line chart above / Potentially bearish 4H line chart below if conditions not met soon:
Bullish:
In the bullish light, we've broken out of our daily falling wedge and moved relatively sideways since. There is now an HSi on the chart that has broken above its neckline, dipped back below unsuccessfully, and is now back above.
That pattern indicates short term bullish targets of 730 sats -> 819.
- Initial target @ 730 sats target lines up closely with our 200 day HMA and our resistance at 736.
- Also, 819 approaches our old ATH area of 864 sats, which would be our target on the 4H chart if it can get and stay above its neckline. If it can't, we may see a bearish move, more below.
Bearish:
However, there's still a bearish scenario that could play out here as well:
Our 4H chart HSi is still below its neckline (see below) and needs to get above ~640 or it could look like a failed HSi.
- A failed HSi might send us down to old support areas and the top of our daily wedge around or just under ~400 sats.
- Our min target in the bearish HSi failure would be @ ~500 or just below.
HBAR - ready to surprise everyoneHBAR is very unique project and I think it isn't get all traction it deserves. Unlike most other cryptocurrency platforms, Hedera Hashgraph isn’t built on top of a conventional blockchain.
Instead, it introduces a completely novel type of distributed ledger technology known as a Hashgraph (improve upon many blockchain-based alternatives in several key areas, including speed, cost, and scalability).
Hedera transactions have an average transaction fee of just $0.0001 USD and typically reach finality in under five seconds!
When it comes to price action, HBAR rallied aprox. 1100% and since then it's in consolidation.
Wright now HBAR is close to final breakout and new ATH soon after.
I'm looking for pullback to 0,4$ - 0,41$, but if it starts pump I will not hesitate to enter the rocket.
Last trendline breakout offer nice retest, ideal for entry.
My targets for first move is aprx. 0,65$ because of multiple indicators match at that price level.
Second target is between 4,236 and 4,618 (Fibonacci) aprox. 1.58$.
And third is around 2.5$ and it is nothing but the price guessing.
Current M. Cap is 6,7 Billion. When everything enter mega bullish mode, 5x from 6,7 for project like this isn't unrealistic at all.
Also it is worth mentioning that HBAR/BTC chart looks great too!
HBAR/USD - Pump to $0.50 in progress!🚀🚀🚀HBAR wanted to escape the ascending triangle in blue, but was pushed back on the first attempt. However, this second try seems successful with a full daily candle closing above the triangle.
This is bullish and today's daily candle shows it. As such, expect to see HBAR rally quite fast to $0.5 which will act as resistance, so profit taking can take place there.
Indicators are bullish and looking good for continuation, while volume is a bit low, but bulls are in control of the price, at least until we hit the resistance.
Bias is bullish.
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HBARUSDT Technical Analysis⏳ Spot
💎 HBARUSDT has broken above the resistance and the triangle. It has fomred a descending channel. After the breakout of the channel it is expected that it goes higher.
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💵 Invest Only 5% of your Portfolio
🎳 Entry Now or at 0.3983 to 0.4129
☕️ TP1 0.4403
🍺 TP2 0.4750
🍻 TP3 0.5342
🍾 TP4 0.6043
🍷 TP5
🍸 TP6
🍹 TP7
🎁 TP8
🚫 SL 0.3983 to 0.3777
Good Luck 🎲
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