HBAR / USD - The Parabolic RoadHedera Hashgraph has found itself in a logarithmic parallel channel after breaking out of a linear one recently (see previous idea linked below). Short of a market crash occurring (possibility does exist), I expect continuation of our bullish momentum, for quite some time. Above are a several potential paths I think it could take from here, including the bearish scenario that I think is less likely.
Let's see what actually happens, and please share your thoughts and ideas as well.
Thanks for reading and discussing!
Mr. Dudebruh
Hedera
HBAR Running Flat - 1 more down?HBAR presenting one last chance of a fall before next impulse.
ABC correction -
>B wave forming what looks to be a running flat.
>A Wave and C wave of equal measure in price and time
>Demand sitting once the pattern LOW is broken coinciding with volume profile price strength
>Volume has completely dropped off during the B running flat. = Sellers are losing momentum
> IF this is not a running flat, WE ARE NOW IN THE NEXT IMPULSE!
HBAR THE ULTIMATE COIN HBAR - Hedera Hashgraph
The ULTIMATE coin.
> Fortune 500 companies in the governing council including IBM, GOOGLE, Boeing, LG to name a few.
> 3 million average transactions per day - 2x more than Ethereum
> Ethereum 100x larger market cap
> 10,000 Transactions per second minimum and forecast to transact 250k +
> Super cheap!
> NOT BLOCK CHAIN!
> 3 -5 second confirmation
THIS IS THE MOST EXCITING PROJECT IN THE CRYPTO SPACE!!!
HBAR / USD - Short-term Bullish & Bearish ScenariosLong term bullish on this, a short term trading idea. Symmetrical triangle, weak break above it, could go either way:
Bullish: ~52-54 cents (Sell)
Bearish: ~14-16 cents (Buy)
Alternatively, triangle could get extended and/or we could re-test the area we previously broke up from around 24.5-26.5 cents
HBAR has already made its correction in the diary. Let's go up!Technical analysis regarding the price of HEDERA HASHGRAPH in relation of dollar Binance for the next scenarios, based on daily movement.
disclaimer
*** In accordance with CVM Instruction No. 598, of May 3, 2018, Art. 21, I declare that the recommendations of this analysis reflect solely and exclusively my personal opinions and perceptions and that they were prepared independently and autonomously. Not being considered a purchase and/or sale recommendation. ***
Any questions do not hesitate to contact me. I'm happy to be able to help you in the best way I can. 🙏
HBAR / BTC & USDT Pairs - Breakout - Target 19-30 centsHedera Hashgraph has broken out following a double bottom on the weekly chart, a breakout and a bull flag.
Today the Hedera Token Service launched, opening competition with Ethereum in the Defi space and competition against all other competitors in the space, including CBDCs, cryptocurrency, DLT, Smart Contracts, etc.
Additionally:
- a rare sneaker service, called INIFITE by SUKU made the switch from ETH to Hedera Token Service for their non-fungible tokens and estimates an 8000% savings in token creation costs
- DLA Piper, an interational law firm is helping enterprises better issue tokenized assets through their platform TOKO, which runs on Hedera Token Service
- Calaxy is preparing to scale its Creator tokens to support millions of users via the Hedera Token Service
Also:
- An early warning air strike system in Syria is running on Hedera
- Tracking of Covid vaccinations in UK is running on Hedera
- Steven Speilberg chose Hedera to store Holocaust survivor testimonies on the "blockchain" (or digital ledger, to be more precise)
HBARBTC going up to 300-500 sats and maybe higherNot Financial Advice. HBARBTC had a lot of hype at the beginning of alt season a couple weeks back. Now retail seems to be distracted by doge and other current shitcoins on the menu. Take this time to cop the cheap bars from retail as they lose focus and take minimal losses =]
Hbar Gearing Up For A Big MoveThis project has multiple Fortune 500 companies on it's board and they are likely to announce more council members announced soon. Hedera currently has the most transactions per day out of any crypto with a daily average of 3.5 million transactions. They are currently approaching a milestone of 500 million total network transactions. I believe this DLT is going to be huge this year and now looks to be a good time to get in.
This is my first post on Tradingview so if you could give me a like it would be appreciated.
Remember this is only my formed analysis outlook. Research the project for yourself, as this is not an endorsement or recommendation to buy or sell.
HBAR 1D Great potential for a profitable mid-term tradeIn 2019, Hedera Hashgraph was named a revolutionary project that aims to create a qualitatively new technology that is an alternative to the ubiquitous classic blockchain format. It is based on the DAG technology, which allows you to record operations not in a chain, but in the form of a specific grid created using an acyclic graph.
As a result, the creation and launch of decentralized applications based on the Hedera Hashgraph project had to receive a number of special characteristics.
But then the project failed, as well as the cost of the token.
Today HBARUSDT is gaining popularity and trading volumes again. The main reason can be called the launch of Testnet v0.11.0 on 21 January 2021, 18:00 UTC.
Perhaps HBAR uses the second chance to shoot in full, and the hype around the Defi sector can help this.
If we look at the chart of the HBARUSD pair, we can clearly see the long-term accumulation of the coin during 9 months of 2020.
Anyone who has accumulated a coin for so long clearly has plans for big earnings.
We consider $0.062-0.078 to be the ideal zone for buying a long position for a medium-term trade, where we expect a correctional rollback from the current figures.
Global targets for long sales are in the zone of $0.289-0.394, with the upper level of the zone quite realistic to reach.
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HBAR FIRST WEEKLY CLOSE ABOVE RESISTANCE!I'll cut straight to the point as this is a super exciting development for Hbar. You will notice the debut week in September 2019 it plummeted down to just 3.8 cents. Since then it has tried multiple times to go higher only to find rejection at the $0.054 level. Wicks have gotten above it but no body candle.
Well, for the first time ever the weekly close that just happened minutes ago managed to close ABOVE (purple line) resistance! This is super bullish and I expect fireworks for upwards movement in price the next 2 weeks. The train is ready to leave the station to higher price levels.
Remember this is only my formed analysis outlook. This is not an endorsement or recommendation to buy or sell.
HBAR / USD - Cup and Handle FormingHBAR has been in a long consolidation after the so-called Google pump. It has actually held up quite well over time.
As we know, the longer these consolidation periods get drawn out, the more this increases the potential for larger moves. I believe we are forming a cup and handle, and have laid out conservative targets for the near term, but believe it could go significantly higher over time.
A break below 2.7 cents may invalidate this, but HBAR also has done quite a few fake-outs in the past. I've been wrong in charting HBAR quite a few times in the past, but long-term this is one of the few "cryptocurrencies" (DLT is the proper term here) that I believe has real potential in the future to pull a move like litecoin, ethereum, and xrp did in 2017. It has one of the best foundations in the space, with major corporations involved and a brilliant programmer behind its architecture. Look up founder Leemon Baird's talk at Harvard about the technology on Youtube:
www.youtube.com - here's a link to it
Two weeks ago, Hedera Hashgraph was used in a real world scenario to anchor an airstrike early-warning system for Syria. This was done through Hala Systems, a top disaster prevention platform which adopted the technology for use. This is a real world use in a system that needs to be insanely fast and incredibly secure, and they chose HBAR to run it on. Additionally, 5 days ago DLA Piper launched a new security tokenization platform utilizing Hedera. I believe it will be used for much more in the future. It has the potential for use in securing and modernizing elections, and it may remove much of the need for servers by turning every home computer into a cloud which sends data via secure HBAR "packets", and could therefore change the way we use the internet.
HBAR / BTC - 4H Beautiful Triple Bottom FormingBeautiful bottom forming on HBAR / BTC pair right now. These things don't always play out as planned, but a triple bottom is a really strong pattern if confirmed w/ a break above 163 sats. The bottom forming here could also be called an Adam and Eve pattern, which is interesting because the USD chart is printing an Eve and Adam pattern (both bullish).
For the sake of publishing this - I drew a couple of very short term targets if this occurs, but I think it has room to go much higher. I feel like we'll revisit 497-517 sats, and potentially revisit previous highs around 7-800s or exceed it. Bitcoin can ruin everything as usual, so keep an eye on it, and keep an eye on BTC dominance.
The weekly candlestick chart shows a double bottom forming - the last two weekly candles on the chart.
The USD pair looks incredible as well:
Full disclosure - I've been wrong more times than correct in attempting to chart HBAR; where my other charts have had a lot more success. That said, HBAR is my longest term bet because I personally believe in the project / team. Any movement down has been accumulation for me, so I'm happy either way it goes.
HBAR / USD - Weekly Chart potentially forming HSiHBAR / BTC pair has been in a downtrend for a good while now without any significant corrections. It feels due for a correction soon. The USD pair here shows potential for an inverse head and shoulders pattern forming, and we could be at or near the bottom of the right shoulder. Volume is starting to rise as well. If it plays out as suggested on the chart idea above, it should complete this pattern around mid to late December.
Keep an eye on this, but beware goings-on of BTC
- also be mindful that HBAR has a much lower USD bottom prior to the google news, and hasn't yet re-visited previous BTC pair bottom either (if it will get there, we're hovering around 185-190 sats, previous bottom was 114 sats).
HBAR / BTC - ReversalThere's a decent chance for a trend reversal occurring on HBAR / BTC pair right now:
1.) RSI is bottomed and turning upwards
2.) We've just barely broken above the triangle.
3.) Volume has been insanely low throughout the downtrend, any real volume coming in will pump this
Need to stay above 201 sats to continue. Good luck!