Has not been able to cross this resistance yetHBAR had a range trend last week. Its price, which had hit the resistance of 0.070 to 0.073 dollars, has not been able to cross this resistance yet. Because the resistance of the roof of the main descending channel is also in this range. Therefore, the strong upward trend has been ranged by reducing demand and saving profits of some short-term buyers. Support in the $0.0583 range is evident on the chart, and the short-term trend is more likely to continue between these two levels.
HBARUSD
Bullish wave can resumeHBAR continued its upward trend last week, and a sharp break into the $0.070 - $0.073 resistance range has been seen. The daily candle has not yet closed above this level, and the breaks that have been recorded are fake. In the 4-hour timeframe, the price of HBAR is inside a narrow ascending channel, the ceiling of this channel was fake broken in the past days, and due to encountering a strong resistance, this reaction has caused the price to return to the channel. So, according to this reaction, there is a possibility that the price trend will be below this range for some time. But further, because the potential for a trend change has been created in the daily timeframe, and the bullish wave can resume by correcting to the support range of $0.0605 - $0.0550, we expect the current resistance to be broken for the next week.
We expect to see the range trend of this HBARThe first support is at the price of $0.050, which was the first encounter with a positive reaction, and the second support is considered in the $0.044-0.046. With this strong reversal, we expect to see the range trend of this HBAR between the specified levels this week. After that, we can expect higher targets in the $0.070 range to be available to buyers after the upcoming resistance is broken.
HBAR CAN FALL AGAINHi, dear traders. how are you ? Today we have a viewpoint to SELL/SHORT the HBAR symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
HBAR Pattern ComparisonComparing the pattern prior to the previous run-up vs. where we are now, this is the 3-day chart we're viewing. I've copied and stretched it out in order to re-size our old pattern vs. today's pattern.
HBAR likes to repeat similar patterns, let's see if it happens once again.
Related ideas linked below under Links to Related Ideas.
HBAR/USDT - LONG 12H TF----- Welcome, dear followers! -----
- Here is my trading methodology. I trade with a normal system and analysis of resistance and support, as well as price reversal patterns.
- For the record, I do not place a stop loss within my trades. So that I only risk 1.5% of my total capital in order to support the loss due to a price reversal against me.
- If a price reversed against my expectation and touched the drawn line r3, then I transferred targets to the entry point and waited for the price to close at it with a loss equal to almost zero.
- Today's deal is shown in the chart, and here are the entry and exit points below.
-- Support me with numbers and follow up on my account for other deals in the future. Thank you for coming to this part.
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⚡️⚡️ #HBAR/USDT ⚡️⚡️
Client: My-Binance Futures
Trade Type: Breakout (Long)
Leverage: Cross (2X)
Entry Targets:
1) 0.06305 - 100.0%
Take-Profit Targets:
1) 0.06644 - 20.0%
2) 0.06882 - 20.0%
3) 0.07274 - 20.0%
4) 0.07898 - 20.0%
5) 0.08381 - 20.0%
Trailing Configuration:
Entry: Percentage (0.0%)
Take-Profit: Percentage (0.75%)
Stop: Breakeven -
Trigger: Target (1)
Expanded Flat Correction Soon or Longer Accum Phase FirstThere have been two bull runs so far for HBAR, each forming higher levels of support above its previous lows. It appears to be consolidating above the area of the first run; similar to how it consolidated above its original lows before the 2nd run. Trend-based fib extension also has the chart consolidating above the 1.618 fib of what could be an expanded flat correction, which I've posted about previously (linked below under related ideas).
This chart shows two theories about that:
1.) a bull run soon from a typical expanded flat correction - everything appears lined up for that, and it has broken its 3-day downtrend, but is still missing the volume spike needed for that run
2.) without that volume spike soon, there may be a 3rd and longer accumulation phase that drags out to some date prior to the 2024 btc halving
Note that the last two runs also had long and longer accum phases as well. Either is possible, and there still hasn't been a strong test of support since initially getting here, which could also be a possible trigger for the spike that is needed.
HBAR 3 day chart looks promising.HBAR 3 day candle must break out
BULLISH of this white circle to show
strength, which is also in between the
Red and Green lines and that indicates
the BULL MARKET SUPPORT BAND. HBAR
has been listed as an ISO-20020 token which
facilitates the creation of all new services and
enhanced straight-through processing.
mainstream worldwide adoption of these type
of tokens will be huge in the near future.
Hedera Hashgraph (HBAR) formed Gartley for upto 17.50% pumpHi, friends, hope you are well and welcome to the new trade setup of the Hedera Hashgraph (HBAR) coin with US Dollar pair.
Previously I shared the below long-term trade setup for HBAR, which is still in play:
Now on a daily time frame, HBAR has formed a bullish Gartley pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
🎯 HBAR hit targets. What's next?Hello, dear TradingView members.
This is an HBAR idea.
We opened our positions on HBAR around the $0.055 area, which was a solid support level and a great buy/long opportunity.
So far, we have made about 10% (100% with a 10x leverage) profit, and it's safer and more logical to close all positions now. Do not FOMO.
As you can see on the chart, this coin has reached 2 levels of resistance on the hourly and daily timeframes based on the Fibonacci retracement.
There is a support level on the way down, which will let us open more long positions when we get more confirmation. But for now, we should wait and see.
RSI is overbought, and the price has more room to go down.
Now let's see your ideas. Let's have a discussion.
Let me know if you guys have any questions;
I will be more than happy to help.
Hedera HBAR Bear Market RallyFriday the S&P hit a new 52 week low, being oversold right now.
I expect a bounce in the stock market next week, which will determine a bear market rally in the crypto space too!
Hedera HBAR is one of the cryptocurrencies that have a lot of potential for a bull run.
HBAR/USDT
Entry Range: $0.052 0.059
Price Target 1: $0.065
Price Target 2: $0.073
Price Target 3: $0.082
Stop Loss: $0.045
HBARUSD ❕ trading in rangeHBAR is in the liquidity zone.
Trading volumes show no interest in falling price.
The price has successfully consolidated above 200MA (4H TF)
TD Sequential has formed an up reversal signal (1H TF)
I think the asset may continue to rise if the price holds above the support level. Further price movement will depend on HBAR reaction to the downtrend line.