HBARUSD
$HBAR - Lets try this againThis coin obviously needed a larger correction for wave 4 that initially anticipated. We always need to keep in mind that corrective waves often last longer than anticipated. With that being said, this count is still very plausible.
Here we have a double three within a zig zag ABC. If BTC bounces here as expected, I anticipate we challenge the ATH in the not so distant future.
Set your SL according to your risk management strategy and Trade Safe!
Hbar will surprise us soon in next 2 weeks ... last call✅ Buy: 0.34 - 0.35 ✅
🎯TARGETS:
1- $0.4360
2- $0.5060
3- $0.6000 (take profit for 70% - 80%)
4- $0.6800
💵 Trade Size: 5-7% of Portfolio
🚫Invalidation(SL): daily candle close below $0.28
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HBAR What next? Hello, I am updating my idea on HBAR. As for the fundamentals, HBAR is on my top 3 projects. Something that is very revolutionary and interesting, in which I have entered very early. As for now, the market looks very volatile and BTC trend seems uncertain. I will publish some scenarios that I think that would play out in HBAR. This is not financial advice, it is just my study.
FIRST SCENARIO-If the market becomes normal, we could see in a short time HBAR jumping to the 0.38$ as the TP1. I expect probably a rejection there to go back at the 0.325 area, and if that happens we could see a very bullish pattern as inverse head and shoulder pattern, shown in the graphic. Also the indicators show that kind of move is quite possible.
SECOND SCENARIO- The second scenario may be that there is a possibility that it breaks the 0.38$ area and makes a move above 0.41$ and higher. It is a possible scenario but not very usual as a scenario in this case. Still you can book some profit there and hold more for the future.
THIRD SCENARIO- Market continues bear, and HBAR does not break above the resistance area, and after rejection the support does not hold. We could see a pullback to 0.28$, which is a very good area of support but in the worst case, another big support is in the 0.23$. Low possibility scenario, as HBAR is a very strong project, but it could happen.
BLUE lines - Resistance areas
Purple and pink lines - support areas.
White arrows - possible bull scenario.
This is my idea in general, the stop loss is in the area there. If you want to be a long term holder in HBAR, it is good to buy anytime, as it is one of the best projects. In short, the scenarios are mentioned.
Good luck to you all. If you any other opinion, you are free to comment. :)
Interesting PerspectiveHbar has broken out of a long time channel and is using the upper channel as support before breaking higher.
This project is unlike any other crypto that I've seen in the market.
Shinhan Bank, the largest bank in South Korea has joined the governing council of Hedera along with LG Electronics,
the two companies reported a successful test of a CBDC trial using Hyperleger Fabric with a plug-in from Hedera's HCS.
Hyperledger Fabric is designed by IBM who is also a governing council member on Hedera.
Furthermore,In January of 2021, Shinhan invested in Korea Digital Asset Custody (KDAC), an industry consortium of businesses that provide digital-asset custody service. Assets can be tokenized on Hedera's Token Service.
Officials at Shinhan Bank commented. “Hedera’s public distributed ledger, in particular, is uniquely suited to meet the needs of a widely-used fintech service that must be fast, fair, secure, and enable the controls and visibility required by service providers. We are excited to join the Hedera Governing Council to continue to work with leading global organisations in diverse industries on solutions that will underpin the next generation of finance.”
HBARive been hearing alot about HBAR but never really looked into it. But ill be getting in if she drops to my green box. Yellow is neutral/bounce zone. Red is resistance. But remember we are still in a bull market so maybe when bitcoin rips up alts will bleed and we will get a better buying position
HBAR About To Join The Alt Party!It's that time again for Hashgraph to start climbing the CMC ranks with a move to $0.69
If you are planning on grabbing more Hbars; doing so before Sunday night may not be a bad idea, as I expect price to move up in a big way next week. It has broken out on the daily and is currently consolidating along with building strength for a price explosion. Should be a fun week for you Hbarbarians out there.
Remember this is only my formed analysis outlook. This is not an endorsement or recommendation to buy or sell.
HBAR to 0.60 or 0.28 Very possible either wayWe need to cross 0.39236 to have confirmation towards the 0.60 other wise HBAR may goes sideways with possible slide down even to 0.28.
If we cross the 0.39 easy reach the 0.60, Giving the momentum we have now, there is a good chance to reach that level, just don't get disappointed if we didn't cross over because as you see the Descending Triangle that we are in, still huge and we may still have some times to cross over, Means more consolidations...
I don't want to promise you the moon as some wish and I do too, but we have to be realistic and trade smart.
Please Trade at your own risk.
HBAR next possible moves?So HBAR hasn't made the fifth wave as I was supposing.
Right now it is also crossing the 20MA.
What to expect now??
1, Green line
- we could see a bounce from the long trend line...
2,Orange one
- We could break the line and test is as a resistance with a bounce from a resistance level at 0.25.
3, Red line
- It could also be forming double top pattern which is super bearish.
- If we break the resistance at 0.25 we could possibly drop even lower to last resistance point around 0.11.
HBAR LongHello there ;
HBAR managed to hold above the moving averages on both the 4-hour charts and the daily charts. In the journal, we received a recovery from a previously tested region for the RSI. I think an Uptrend trial will come.
Merhaba ;
HBAR hareketli ortalamaların üzerinde tutunmayı hem 4 saatlik grafiklerde hem günlük grafiklerde başardı. Günlükte RSI için daha önce test edilmiş bir bölgeden toparlama aldık Bir Yükseliş denemesi geleceğini düşünüyorum .
Hedera Hashgraph - What's next for HBAR?If you haven't been living under a rock this bull run, you'd know that HBAR has been one of the most talked-about coins since its initial move up at the start of 2020. Currently, we stand at a crossroad. After rocketing 400% higher than the previous all-time high there are fears that HBAR might be running out of steam.
Bullish:
- Coin has been ranked number one on social blade multiple times in the past months and in the top ten literally dozens of times.
- Near perfect fundamentals: UK hospitals have been using HBAR to track the coronavirus vaccine, holocaust museums have been using HBAR to store survivor testimonies in the blockchain and they are rumoured to be working on the first "digital dollar" with centralised banks and the government.
- Amazing ability to gather public attention.
- Promising future fundamentals as COVID-19 will likely be around for at the very least a year or more to come and many government officials have admitted to be looking into working on a digital dollar that HBAR seems to be working on.
- Managed to avoid a double top drop, showing that the current 0.3 support is very strong and that investors are likely looking to hold HBAR for the long term. Usually, after a double top, we see a wave of panic selling that drops an asset down to previous support.
- The bull market.
Bearish:
- Volume is falling off in comparison to earlier this year, perhaps people are diversifying into coins that are yet to "moon" like HBAR has.
- Falling on the social blade. HBAR has gone from being mentioned in the top ten almost daily to hovering around the top 25. Perhaps this is because as altcoins start to pump left and right people are looking for more promising shorter-term investments.
- Double top (explained above)
- Potential triple top seems to be approaching as HBAR once again bounces off of the 0.3 support, if it does not break through on this attempt, with the dropping volume and weak RSI we will almost certainly see a drop to a previous support level.
HBAR could either somehow gain the volume (potentially via a new announcement) to push through the resistance and conduct a successful R/S flip (red arrows). Or we could see a triple top as HBAR fails to break through, after this investors would most likely lose some faith in the short term and we would see a sell off to previous support (orange arrows). Personally, I slightly favour the bearish scenario, however, it is impossible to be decisive, I would recommend not buying until we see a confirmation of a R/S flip above this resistance and not selling until we see a break below the support.
Buy big sell BIGGER - Megawhale