HBARUSD Textbook Channel Up pull-back. Buy above Resistance.Hedera (HBARUSD) hit today the top of its 3 month Channel Up. Such Higher Highs have called within this pattern for a pull-back to the 1D MA50 (blue trend-line) for the most optimal buy entry. If a 1D candle closes above Resistance 1 (0.07000) before such pull-back, we will have a new pattern emerging and we will buy the break-out, targeting Resistance 2 at 0.077950.
-------------------------------------------------------------------------------
** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! **
-------------------------------------------------------------------------------
💸💸💸💸💸💸
👇 👇 👇 👇 👇 👇
Hedera
HEDERA HBAR price tries to change the trend to growthThe HBARUSDT price is trying to break through and gain a foothold above the strong mirror level of $0.58.
If buyers manage to do this, the next HBAR price target will likely be $0.75.
Then, a retest of $0.58. If the HEDERA token price doesn't drop lower, great.
You can buy HBAR in your investment portfolio with a clear conscience and wait for it to grow to at least $1.70
_____________________
Did you like our analysis? Leave a comment, like, and follow to get more
216 Sats in ViewQuick mini update on HBAR / BTC pair:
Broke above a falling wedge on the daily, reached TP 1. Since then it has maintained above the little green support area drawn on the chart, and should be moving up to 216 sats or TP 2 next.
This lines up with the 200 day EMA after getting above the 50 day EMA/MA. 229 sats could also be reached if it hits the 200 day MA
HBAR To Gain in Crypto Market DominanceHBAR's market dominance looks like it wants to move towards 0.9 -> 1%. This would be a pretty massive increase in its position in the crypto total market.
Weekly dominance has held around the same levels for quite some time now, with a previous breakout that moved back down to support. It has since broken out a 2nd time.
RSI and MACD indicated this divergence before it occurred, and MACD has recently flipped green.
The overall weekly trend can be placed within a parallel channel, in which its move back up from support began at channel bottom. This could mean HBAR dominance is about to move back towards the top of its channel, gaining significantly in market dominance - up to approximately 450%.
It is possible we see HBAR making a move to take its place within the top 10-20 cryptocurrencies in marketcap and market dominance.
Also, a strong chance we at least see a move back towards the center of the channel above, which would still approach 230%
Keep an eye on CRYPTOCAP:HBAR
Riding the Waves of Optimism: Hedera HashgraphRiding the Waves of Optimism: Unveiling the Bullish Trajectory of HBAR
In the world of cryptocurrency, Hedera Hashgraph (HBAR) has been making substantial strides that echo a promising future. The buzz surrounding HBAR's potential ascent to $0.13 in 2023, as suggested by market experts, has invigorated the crypto community with enthusiasm. While predictions are speculative, they stem from a series of favorable indicators and developments that are propelling HBAR towards a bullish trajectory.
1. Strategic Integrations with Web 2.0 Enterprises: Hedera Hashgraph's progressive collaborations with prominent Web 2.0 enterprises have been a pivotal driving force behind its upward momentum. The platform's ability to seamlessly integrate blockchain technology into existing business models has garnered significant attention. As more enterprises recognize the benefits of harnessing the capabilities of Hedera's ecosystem, its adoption is poised to skyrocket.
2. Resilience Against Market Volatility: HBAR's performance during market fluctuations has demonstrated its resilience and stability. While short-term market shifts may lead to temporary price corrections, HBAR's consistent rebound after such episodes suggests a strong underlying demand. This phenomenon can be attributed to its growing utility and use cases, which extend beyond mere speculation.
3. Nurturing Long-Term Growth: Despite short-term bearish sentiment, the overarching sentiment surrounding HBAR remains optimistic. This is underscored by the anticipation of HBAR reaching $0.078 by 2024, as market observers believe that the platform's ongoing partnerships and technological advancements will catalyze sustained growth.
4. Building on Past Achievements: HBAR's historical price performance, including its previous all-time high of $0.56 in September 2021, showcases the token's potential to surge to new heights. This historical context provides a valuable perspective on HBAR's capacity to regain and surpass its previous peaks.
It's essential to recognize that the cryptocurrency market is inherently volatile, and predictions are speculative by nature. While the factors mentioned above indicate a bullish sentiment surrounding HBAR, investors should conduct thorough research and exercise caution before making investment decisions.
Disclaimer:
The information provided above is for informational purposes only and does not constitute financial advice or a recommendation to invest. Cryptocurrency investments involve substantial risk, including the risk of loss of capital. The price of HBAR and other cryptocurrencies can be highly volatile and may fluctuate significantly. Readers are advised to conduct their research and consult with financial professionals before making any investment decisions. The author and publisher of this article shall not be held responsible for any investment decisions or actions based on the information provided herein.
HBAR/USDT Analysis: Massive 800% Gains Expected!HBAR/USDT Technical Analysis: Potential 800% Gains Expected in Next Bull Run
Introduction:
In this technical analysis, we will be examining the current state of HBAR/USDT, a popular cryptocurrency pair, and exploring potential entry points and price targets for long-term holders. Please note that this analysis is solely for informational purposes and not financial advice. Always conduct your own research before making any investment decisions.
Current Market Overview:
As of the latest data, CRYPTOCAP:HBAR is trading at $0.0519. The overall market trend for altcoins is not bullish at the moment, suggesting the possibility of further corrections in HBAR/USDT.
Entry Levels for Long-Term Holders:
For long-term holders, the green box represents the best entry zone. Consider initiating positions at the following levels:
Entry 1: $0.037
Entry 2: $0.028
It's important to be prepared to buy within this zone, as it may present an excellent opportunity for substantial profits.
Price Targets and Resistance Levels:
Once the entry points are hit, it's essential to plan potential exit strategies based on resistance levels. The following price targets are observed on the chart:
Resistance 1: $0.083
Resistance 2: $0.17
Resistance 3: $0.25
Expectations for Next Bull Run :
With the current analysis and the potential for a bullish trend, it is reasonable to anticipate a significant increase in value during the next bull run. An estimated 800% growth from the entry zone is projected.
Support Levels:
In case of any downturns, the following support levels can be considered:
Support 1: $0.037
Support 2: $0.028
🔥 HBAR Bounce Signal With Great Risk Reward Potential!HBAR has been holding up reasonably well compared to many other alts. For that reason, I'm more confident to look for a bullish reversal pattern to play out.
My entry will be around the bottom support, stop just below 0.05, target at the top resistance of the rising wedge pattern.
HBAR (Hedera Hashgraph) Coin Analysis 05/04/2021we had earlier analyzed and Purchased and Opened positions on this Coin:
Fundamentals:
Billed as the "trust layer of the internet," Hedera Hashgraph is a public network that allows individuals and businesses to create powerful decentralized applications (DApps).
It is designed to be a fairer, more efficient system that eliminates some of the limitations that older blockchain-based platforms face — such as slow performance and instability.
It was funded through an initial coin offering (ICO) in August 2018 and first launched open access to its mainnet just over a year later in September 2019. As part of the ICO, investors were able to purchase the platform’s native utility token (HBAR) at the lowest possible pricing.
The HBAR token has a dual role within the Hedera public network.
First and foremost, HBAR the fuel that powers Hedera services, such as smart contracts, file storage and regular transactions. Second, it's used to help secure the network, since HBAR users can stake their tokens to assist with maintaining the integrity of the platform.
Unlike most other cryptocurrency platforms, Hedera Hashgraph isn’t built on top of a conventional blockchain. Instead, it introduces a completely novel type of distributed ledger technology known as a Hashgraph.
This technology allows it to improve upon many blockchain-based alternatives in several key areas, including speed, cost, and scalability. Hedera transactions have an average transaction fee of just $0.0001 USD and typically reach finality in under five seconds. Overall, Hedera Hashgraph claims it can handle more than 10,000 transactions per second (TPS) — compared to the around 5-20 for most popular proof-of-work (PoW)-based blockchains.
The platform offers several major network services. These include:
A token service that allows users to easily configure and mint both fungible and non-fungible tokens (NFTs) on Hedera with just a few lines of code.
A consensus service that acts as a layer of trust for any application or network that needs a secure, verifiable log of events.
Smart contract tools that let developers build powerful and efficient decentralized applications.
Decentralized file storage services with features include proof-of-deletion, controlled mutability, and time-based file expiry.
Hedera Hashgraph uses a novel consensus system known as Hashgraph consensus to keep its network secure.
This uses a rotating governing council consisting of up to 39 highly diversified organizations that span across up to 11 different industries. These are involved with directing the Hedera codebase, voting on platform decisions and operating the initial nodes on the Hedera public network.
Hedera uses a novel form of proof-of-stake (PoS) which allows HBAR users to stake their resources to help protect the network. Right now, all Hedera nodes are managed by either Hedera itself or the governing council members, but there are plans to switch to a permissionless system in the future.
\ Overall, Hedera's security setup ensures it achieves "asynchronous” Byzantine fault tolerance (ABFT) — meaning it can guarantee both the timing and order of a set of transactions, even if some data is delayed or lost.
Hedera Hashgraph has two founders: Dr. Leemon Baird and Mance Harmon.
Dr. Leemon Baird is credited as the investor of the hashgraph distributed consensus algorithm and currently works as Hedera's chief scientist.
Prior to founding Hedera Hashgraph, Baird accumulated more than a decade of experience in various computer science and security roles and previously worked as a senior research scientist at the Academy Center by Cyberspace Research. He also holds the position of co-founder and CTO at Swirlds Inc., a platform for building DApps.
On the other hand, Mance Harmon is Hedera’s CEO and an experienced technology executive and seasoned entrepreneur. Harmon has around two decades of experience holding executive roles at prominent firms — many of which are in the IT security industry. Like Dr. Leemon Baird, Mance Harmon also holds a second position at Swirlds Inc., as its co-founder and CEO.
In addition to the founders, the Hedera leadership team also comprises more than a dozen individuals, many of which have had distinguished careers.
The Hedera Hashgraph token, HBAR, has a maximum total supply of 50 billion units. Out of this, almost seven billion were in circulation as of January 2021 — equivalent to around 14% of the total supply.
Hedera publishes regular reports detailing when the next wave of HBAR tokens will be unlocked. These reports can be viewed here.
According to Hedera's resources, the two project founders each have a coin grant of two billion HBARs, equivalent to 4% of the total supply each. These tokens are vested over a six-year period.
Other senior executives at Hedera (that joined prior to 2018) have coin grants of between 250 million and 300 million coins. These tokens are vested over a period that ends in December 2021.
According to Hedera's Economics Whitepaper (published June 2020), around 17.03 billion HBAR is estimated to be in circulation by 2025 — equivalent to 34% of the total supply.
The live Hedera Hashgraph price today is $0.328376 USD with a 24-hour trading volume of $238,828,303 USD. Hedera Hashgraph is up 0.07% in the last 24 hours. The current CoinMarketCap ranking is #46, with a live market cap of $2,599,706,500 USD. It has a circulating supply of 7,916,866,045 HBAR coins and a max. supply of 50,000,000,000 HBAR coins.
The top exchanges for trading in Hedera Hashgraph are currently Binance, Huobi Global, Upbit, OKEx, and FTX.
Technical Analysis:
as you can see the MACD and Signal Line are showing some Tilt down and crossover, which is the sign of some price correcting though there exist a Mild Bearish Divergence.
by Fibonacci retracement we have defined some retracements levels which are the golden zone and a powerful Support area, which can show some good Support and price may bounce from them to the higher levels
we have defined 3 Targets using Fibonacci Projections of the Past Impulsive wave and presumed Maximum retracement and price correction of 61.8% Fibonacci retracements.
the 3 TP gets its confirmation as the price triggers the 2 TP followed by some price correction and reaccumulation
we are asumung the 3 TP to gets trigried less than and within 8 months time'
the dotted arrows are just to show the bias and process not an actual indication of price forecast
Possible Dips before a Move UpThis is a 4h view of the daily chart, which has already broken out of a falling wedge. That breakout has created a smaller falling wedge as it has re-tested the top of the daily wedge multiple times since breaking above it.
Following its initial breakout, it formed and inverted head and shoulders, and looked ready for a bullish move up. That pattern failed and we've since moved down to the failed HSi's TP1.
From here, if there are any further dips and we don't just break out of the smaller wedge, I expect we'll do something like what is shown above:
Option 1 - A symmetrical right shoulder that drops down to around 4.5 cents and then moves up
Option 2 - Continuation of the inverted HS and a move down to its TP 2, for a final re-test at the top of the daily wedge, and then a move up
Here's a zoom out to the daily chart and the larger wedge break:
See related idea in the link below.
HEDERA | HBAR Potential 72%HEDERA | HBAR Potential 72%
| Targets On Chart
HBAR broken out of key price trendline and looking to potential retest - further short term downside expected so holding off on entry or setting up DCA buys might be best here. Although looking strong in a macro sense with a breakout and retest on the RVD trendline too
🔥 HBAR Multi Year Head & Shoulders: Waiting For The BearsHBAR seems to have formed a bearish Head & Shoulders pattern over the last couple of years. There's no confirmation of the pattern yet, so wait for that before drawing any conclusions.
HBAR is arguably one of the weaker alts at the moment, so wouldn't be surprised if it breaks bearish at some point in the future; patience is key.
In case of a bearish break out, I'd be looking at the yellow areas for potential targets. Will come back to this trade once we see more bearish price action.
Trade Alert - Take Profit HBARNew level spotted providing significant resistance and causing me to pause and adjust my final target. Taking the rest of my profits here. This level comes all the way from Nov. of last year, so, there will be significant resistance. And with many of the altcoins still showing bear flags, I am not going to push my luck.
Congrats, to those who followed me on this trade!
Stew
Trade Alert - Long Hedera HashgraphI know, I know. Very last post. The title of my video, “Now is not the time to be buying altcoins”. And I do stand by that statement for the most part. Because for the most part many of the larger cap alts (which is mainly what I trade in a bear market) do employ a variant of the PoS mechanism. And this is really what the SEC has been targeting at the moment, minus Ethereum for some unknown reason. Hedera is not a traditional blockchain and does not use either PoW or PoS. Hedera Hashgraph is a distributed ledger technology that aims to provide a secure, fast, and fair platform for decentralized applications. To accomplish this, Hedera Hashgraph employs a consensus algorithm called "hashgraph." This algorithm enables high transaction throughput by leveraging a directed acyclic graph (DAG) structure, where each transaction is represented as an event. These events are then asynchronously gossiped among network nodes, forming a shared history of all transactions. By utilizing a gossip protocol and virtual voting, hashgraph achieves consensus on the order and validity of transactions. Moreover, Hedera Hashgraph incorporates a governance model to ensure decentralization and fair decision-making. The technology offers potential benefits for applications requiring speed, security, and scalability, such as decentralized finance, supply chain management, and social networks.
Now, that I have touched a bit on the fundamentals in hopes of helping to justify my trade :-) let’s quickly look at the technicals.
Hedera has reached the end of a bullish descending wedge which also runs into some very solid support at .044. Should this break then, yes, we’ll probably drop down to that next level at .036. But odds are in our favor here that we go up instead. I’ll be shooting for that 200 day ma which, right now, sits at .058. My stop out will be right around .0415.
Let’s go!
Stew
$HBAR/USDT 8h (#Bybit) Bear flag breakdown and retestHedera Hashgraph lost 100EMA support and is pulling back to it, bearish continuation seems likely after.
⚡️⚡️ #HBAR/USDT ⚡️⚡️
Exchanges: Binance Futures, ByBit USDT
Signal Type: Regular (Short)
Leverage: Isolated (2.7X)
Amount: 5.1%
Current Price:
0.06247
Entry Zone:
0.06327 - 0.06769
Take-Profit Targets:
1) 0.05406
2) 0.04547
3) 0.03687
Stop Targets:
1) 0.07503
Published By: @Zblaba
$HBAR #HBARUSDT #Hedera #Hashgraph
HBAR Bottoming HereRSI trending up during the entire falling wedge, it bottomed as the wedge started, and then moved above 30 at its bottom. Wedge broke out, price fell back to weekly support near the same bottom.
So, we have bullish divergence b/w RSI and price, a bullish falling wedge that broke out but hasn't risen yet. Price fell back to weekly support a second time, potential double-bottom.
Finally, price is moving within its tightest range on the daily in its entire history.
Could we see a final strong drop before it moves up? Yes, but it looks good and ready to at least make a move into the first area of resistance, and back into the 200s.
I think a larger move is in store, however. Let's see.
See my other post on HBAR/USD in the related ideas below. I think HBAR wants to move back into the middle of weekly resistance vs. USD (around 21-31 cents)
Previous Pattern Targets vs. Possible Path Back to Top or BottomHBAR made two major wedge patterns that hit pattern targets with incredible accuracy.
First - a bullish wedge exit that led to a 3x measured move up and a final wick up that ultimately stopped approx. halfway between 3.5x and 4x.
Second - a bearish wedge exit that has so far reached a 2x measured move down from where it exited.
Let's see if it makes a 3rd wedge that, when exited in either direction, may revisit weekly top or hit all-time low on a 2x measured move in either scenario; potentially creating a double-top or a double-bottom at its completion.
HBAR Could Move into Weekly ResistanceHBAR could move into weekly resistance if it continues to hold the top of weekly support, if it crosses and remains above the yellow neckline shown on the chart above.
If it doesn't just move up from here, it may move back down towards its previous low at the brighter green / stronger area of weekly support. If it does that first instead, I would expect a stronger move up than shown here.
Keep an eye on DXY as it could affect things positively or negatively, long-term:
Also, pay attention to HBAR's bitcoin pairing, it is also at the top of weekly support and in between that and its weekly resistance. It had a long wick down into weekly support so it could drop more, depending on how it moves against Bitcoin and what Bitcoin does:
$HBAR final target $.30?CRYPTOCAP:HBAR looks poised for a move higher form here.
Once it breaks $.08, next targets are $.15, $.21, $.30. I do think it can potentially reach the $.21 and $.30 this cycle.
I'd expect the move to play out by July.
HBAR to dip sub .05 or do we moon?Big fan of the HBAR... Feeling there's going to be a pull back taking out March lows providing another amazing buy opportunity!! There's loads happening in the Hedera ecosystem many new projects are coming on board making most of its benefits to developers... www.degenparadise.com - Get your Degen Coins for a share of revenue from its amazing games!! zuse.market - Would love to see this beast of a project rise to the top 5 this next 2 years!!!! Vamos Hedera Hashgraph
🔥 HBAR Falling Wedge: Break Out SoonHBAR has been trading inside this patern for the better part of April. Since falling wedges are classically bullish reversal patterns, we're expecting a bullish break out in the near future.
HBAR will break out either on the current move, or will retest the bottom support again. Wait for confirmation.
Targets in blue.