HBAR/USDT Keep an eye on the support, Potential Bouncing!💎 HBAR has recently experienced notable market dynamics. There is potential for HBAR to undergo a backtest on the support area around $0.099.
💎 If HBAR reaches this level, it needs to bounce to resume its upward trajectory, with the next target being the resistance area. A successful breakout above this resistance probability could pave the way for reaching our target area.
💎 However, if HBAR fails to maintain support and bounces, it could be a concerning sign. This failure may lead to a breakdown below the support area, potentially pushing the price back towards the demand zone.
💎 At the demand zone, a bounce is necessary for HBAR to reclaim support and continue its upward movement. Failure to do so may result in continued downward movement, pushing the price lower.
HBARUSDT
HBAR/USDT bullish turnaround from demand?💎 Paradisers, turn your attention to #HBARUSDT for a promising trading opportunity, signaling a potential bullish surge from a key demand level.
💎 In recent times, #HederaHashgraph has consistently adhered to a descending channel pattern. Currently, as the price nears the demand level of $0.0976, maintaining momentum here could significantly increase the likelihood of a bullish ascent, aiming to overcome the overhead strong supply zone.
💎 Should the momentum for CRYPTOCAP:HBAR begin to falter, we're prepared to seek a vigorous rebound from the crucial demand level located just before the demand zone at $0.0871.
💎 Falling beneath the critical demand level of $0.0871 would call for an in-depth reassessment of our trading approach. Such a development would indicate difficulties in sustaining bullish momentum, necessitating a strategic adjustment to align with the evolving market landscape.
Hedera - Big Upside PotentialHBAR has been trading within an ascending triangle for some time now and appears to be about to break out soon.
If it breaks and closes above the zone marked in red in the 1D time frame, there is a high probability of an impulsive movement in favor of the bulls. (RSI overbought, pay attention to a possible correction after)
Alikze → HBAR| Swing failureIn time W1, D1 is breaking after 649 days with the construction of three valleys, finally the supply area created by a candle. Therefore, with this failure, in the event of a pullback to the specified area, which is the range of 0.098, it will have the ability to grow to the next supply area.
🟩Sup: 0.098
⛳️Tp 1:0.1580 - 0.1710
⛳️ Tp2 : 0.2200 - 0.2440
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HBAR price updateCRYPTOCAP:HBAR Price Update: If the price breaks out from the green zone on the chart, it could lead to significant gains. Wait for a 4-hour candle to close above this zone before considering entry. Remember to use a stop-loss for risk management. All the necessary information is provided on the chart.
HBAR/USDT Break Alert!! Indicating Bullish Momentum for HBAR.💎HBAR has recently displayed noteworthy market dynamics, breaking out of the Adam and Eve pattern, signifying a reversal from bearish to bullish sentiment.
💎 Currently, the price is undergoing a retesting phase at the support level, which previously acted as resistance. This phase is crucial before any further upward movement, probability leading to reaching our target area.
💎 However, if HBAR fails to bounce during this retesting phase, or worse, breaks down below the support area, the price may revert to a downward trajectory, heading towards the demand area.
💎It's imperative for the price to bounce decisively from the demand area to resume its upward trajectory.
💎 Failure to do so, or a breakdown below the demand area, would raise concerns about continued downward movement. In such a scenario, the price could retreat further towards lower levels.
HBAR breaks out 10.44% in the early hours.As I've posted previously, HBAR is in a massive cup & handle chart pattern on the daily chart, and this morning popped up a massive 10.44% in the early hours, but this is just the beginning of what I believe we are going to see over the next few weeks/months.
The gains in HBAR are going to be EPIC heading into summer, as crypto investors and trader's alike are going to realize just how undervalued HBAR is in the utility crypto sphere.
Good luck traders, and always use a stop.
HBAR/USDT In the key support area, Could HBAR Bounce or Broke ??💎 HBAR has recently become a focal point in the cryptocurrency market. Presently, HBAR is positioned at a crucial support area, previously acting as a resistance level.
💎 Historically, this zone has demonstrated considerable strength in preventing HBAR's decline, suggesting a likelihood of a rebound from this point. Such a bounce would potentially initiate a renewed upward trajectory, possibly propelling HBAR towards its target in the strong resistance area.
💎 However, should HBAR fail to maintain its stance above this support level, indicating a breakdown, it could spell a significant shift in market sentiment. A breach of this support could disrupt the existing bullish trend, potentially ushering in bearish momentum. In such a scenario, HBAR might experience a downward trajectory, with its next critical juncture being the demand area.
💎 The demand zone thus becomes pivotal for HBAR's recovery prospects. A strong response in this area, characterized by a bounce and a subsequent reclamation of price levels above the previous support, is essential. Failure to achieve this could cement a bearish trend, leading HBAR to extend its decline, potentially reaching even lower towards the strong demand area.
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HBAR/USDT Keep an eye in key area. Could HBAR Bounce from here ?💎 HBAR has recently experienced significant market developments. Positioned at a critical demand zone, HBAR needs to secure a bounce from this level to resume its upward trajectory.
💎 A positive indication would be observed in the daily close, with a bullish candle rejection, probability signaling HBAR's attempt to resume upward movement and reach our targeted strong resistance area.
💎 However, failure to sustain at this demand level could be concerning, as it would signify a breach of a crucial area. This could prompt a reversal to downward movement, with the next support level located at 0.057.
💎 To continue upward momentum, HBAR needs to bounce from the support area and reclaim the region above the demand area. In the absence of positive signals, a prolonged sideways movement may lead to HBAR losing support, initiating a downward movement towards the robust demand area.
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HBAR breaking out from accumulation zoneHey guys, it's me, sometime I find the time to post a longer analysis even here. I post many quick others on socials.
But let's talk about HBAR: the main picture is the weekly where it appears clear price is breaking out from an accumulation zone which lasted 630 days. A classick Wyckoff accumulation pattern is happening, I will update with a possible trajectory once the breakout is confirmed or the retest is confirmed. Anyway on LTF the forecast is bullish (like anything else these days) even because volume was good. I will wait the end of the week to see how the candlestick closes because there's a bearish DIV on RSI.
I had an hold bag and I added but wonder how much this could go up, I think a 3 to 5x could be the maximum we'll get to be fair but I hoping is free, as long as you remain realistic!
About lower timeframes you can see here the support zone if this retracement completes
daily:
At 4H that liquidity gap that could be be filled or at least touched during the retracement is more visible.
4H:
On the long term I suggest buying if that gap is touched and price bounces back. If it doesn't I'll post updates.
[HBARUSDT] - catch it before it's so lateLooks great for weekly chart.
Breaking round bottom pattern after a 2 yaers of accumulation make it go to the most important level ( 0.618 fib ).
Incase breakout making our target is 3$
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BINANCE:HBARUSDT - Double bottom is giving double profits. ---------------------------------------------------------------
Description
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+ The double bottom pattern stands out as one of the most reliable indicators of a potential reversal in market sentiment. Its appearance often heralds a shift from a downtrend to an uptrend, making it a favored pattern among traders seeking opportunities for profitable reversals.
+ A meticulous analysis reveals a distinct and well-defined double bottom pattern, characterised by two consecutive troughs followed by a significant rebound. This pattern's adherence to the classic double bottom structure further enhances its reliability as a signal for a bullish reversal. Traders recognising the significance of this pattern would undoubtedly find this observation noteworthy, as it strengthens the case for an imminent uptrend.
+ With the double bottom pattern confirming its efficacy through a robust bounce-back, attention naturally turns towards identifying potential price targets. The next target for this trade is projected to be 0.1014, representing a significant milestone in the anticipated uptrend. Market participants tracking this trade closely would view this target as a key level to monitor, as its attainment could signal further bullish momentum in the asset's price trajectory.
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VectorAlgo Trade Details
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Entry Price: 0.0781
Stop Loss: 0.0671
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Targets 1: 0.0817
Targets 2: 0.0854
Targets 3: 0.0927
Targets 4: 0.1014
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Timeframe: 1D
Capital: 1-2% of trading capital
Leverage: 5-10x
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Enhance, Trade, Grow
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HBAR-Genuine break and 100% rise?BINANCE:HBARUSDT is a coin that I've been closely monitoring this year, awaiting a buy confirmation. As depicted on the chart, after experiencing a more than 90% drop from its peak, the price began consolidating and has now formed a clear resistance in the 0.10 zone. This significant resistance was finally breached yesterday, and if it proves to be genuine, we could anticipate a rise to the next resistance level, which is approximately at 0.2, indicating a potential 100% increase.
Today, the price is undergoing a normal correction, presenting a potential buying opportunity. Considering a stop loss of around 0.085, such a trade would offer a risk-to-reward ratio of 1:4.