HBAR/BTC (Trading at Key Support Line)HBAR/BTC
-this coin has been in the sideways ranging market for the last 117 days
-currently holding off the key trendline of support
-this level also a confluence of the 200D MA dynamic area
-the only safe trading approach is to confirm the break direction
-if we see a breakout above the descending trendline
-that is a good buy signal or you may wait for a retest of new support
-get ready your alert and add this coin to your watch list
HBARUSDT
HBAR/BTC in GREEN MODEStraight to the point guys,
HBAR is looking bullish in coming days, WHY?
1. Weekly resistance was broken at 445, and once that was broken it became support and it is tested and has been rejected which indicates bullish move.
2. Also the accumulation zone between two trend lines has been broken and the new candle is formed above the upper trend line. The candle also wicked the trend line with rejection, which indicates that candle is respecting the support.
3. Candles are going to test the daily level at 471 sats, till then it would be a 7 percent gain. And if it breaks the daily level the next stop would the monthly resistance at 533.
4. RSI indicates there is room for more 30 percent. Bullish.
5. MACD histogram showing upward trend.
Entry:
Optimal Spot: 440 - 452
TP 1: 471
TP 2: 497
TP 3: 533
Stoploss: Below the weekly level at 414, In worst case, the candle may retest the support at 414 and going to retrace back. whose chances are 5 percent as i mentioned all the technical points above.
HBAR / BTC - Break out of long-term triangle & 2nd bull flagHBAR broke out of its long-term triangle after printing a bull flag, then it bounced off of triangle support and has now broke previous resistance at 454 sats. Now we are re-testing that area while printing a second bull flag - beautiful!
Keep an eye on this to see if it breaks 500 again, I believe 100+ % gains are possible from here if we can break cleanly passed 500 and then ~539 sats area.
HBARUSDTHBARUSDT, the trend has been slightly increasing but still below the uptrend line. Possible scenarios at this point;
1. It might continue to increase. Watch an open-close candle above the uptrend line to make sure that increases continue then buy some or more.
2. It might decrease. Wait for an open-close candle below the support line then sell some or all.
- Keep your eyes on Fibonacci Levels that help a lot.
HBAR / BTC - Bull Flag forming on 4HBull flag forming on 4H at resistance of symmetrical triangle on weekly. A break up could potentially see a significant move. Breakdown of this trend will also likely see a significant move downwards. Hope for the best, prepare for both scenarios.
** not financial advice, just a noob learning and having fun, please send feedback and critiques/criticism, I love it - thanks!**
HBAR / USD possible short-term trend reversal + ~20%Possible short-term trend reversal with approx 19-20% profits by 4th of July weekend
RSI and Stoch RSI is oversold and trend has already begun reversal. Always beware of BTC
** Not financial advice, just a noob learning, always open to feedback and criticism, thanks for checking this out! **
Short-term bearish. Compression wedge breakout to the downside**Not financial advice** **DYOR** **Seek professional advice before making any investment decision***
Previous compression wedge predicted bullish breakout to the upside. Tightening and breakout did occur, but in the downward direction. There may be further short-term bearishness, testing one, maybe two key support levels as shown. Remain very bullish over the medium term and long term on this understated technology that not many know about. Internally, another announcement could quickly change the market dynamics. Externally, the influence of first gen ledgers like Bitcoin remains, and could quickly change market dynamics.
Hedera Hashgraph (HBAR) - June 22Hello?
Dear Traders, Nice to meet you.
"Like" is a great power for me.
By "following" you can always get new information quickly.
Thank you for always supporting.
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You need to make sure you can get support at the 0.04277790 point and the downtrend line (1).
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** Check support, resistance and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee profit or loss on investment.
Description of abbreviations shown in chart
R: Resistance point or section, where the counter is needed to preserve revenue
S-L: Stop-Loss point or section
S: A point or section that can be purchased for profit generation as a support point or section
HBAR / BTC - Reminder: monthly chart forms a massive bull flagHBAR is going to surprise a lot of people, I still believe. The volatility today seems like a bad sign, and it very well may be. So be careful, but volatility has preceded some of the largest moves in crypto. Either way be careful, and never risk more than you should.
Not financial advice, just a noob having fun learning and open to teh feedbacks :)
HBAR / USD - Possible HSi forming / breakout in ~1.5-2 daysLet's keep this simple, there's a possible inverse head and shoulders forming on HBAR / USD (also on the BTC pairing but not as clear). We are in the handle of a cup and handle formation, RSI is low. Watch for a possible breakout in 1.5-2 days or less, if the HSi plays out.
Expected targets (for HBAR / BTC pairing): 489, 583, 677, 711, 865, and up.
If we pass 489, I at expect we'll reach at least around 517 (just at, above/below 0.05 cents USD), testing around where the top of the cup was before.
Support areas: 442, then 395.
Always be careful of BTC!
Not financial advice, just a noob having fun learning and open to feedback from the learned :)
Potential for macro Cup & Handle pattern to form.** Not financial advice ** **DYOR** The above diagram shows a potential playing out of a Cup & Handle pattern. Entry point only when the pattern is confirmed to have formed. On successful appearance of Cup & Handle pattern; expect grinding out for a while before upwards price discovery well beyond SAFT3.
Hedera Hashgraph (HBAR) - June 1Hello?
Dear Traders, Nice to meet you.
"Like" is a great power for me.
By "following" you can always get new information quickly.
Thank you for always supporting.
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It rose after receiving support in the 0.02513740 ~ 0.02928412 section, which should be absolutely supported.
We need to make sure we can get support from the downtrend line (2).
You should also check if you can get support on the downtrend line (1).
If you fall without support on the downtrend line (1), you are likely to touch the 0.02513740 to 0.02928412 section.
------------------------------------------------
** Check support, resistance and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee profit or loss on investment.
Description of abbreviations shown in chart
R: A resistance point or section where a response is needed to preserve revenue
S-L: Stop-Loss point or section
S: A point or section where purchase is possible to generate profits as a support point or section