HBARBTC trade ideas
HBAR consolidation coming to a close? If you like my TA or other ideas, please leave a like to show support. It helps me out a lot
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HBAR has been consolidation for over four months and is now showing signs of bullishness
If we see a breakout of this symmetrical triangle with a nice amount of volume, we could see a rally to the levels on the chart.
MACD is also curling up towards bull territory.
Watch this one closely!
smart dudes coin on a weekly buy signalPretty sure this is the team behind wolfram alpha doing the blockchain. Weekly chart turning up after really nice consolidation. Seems like a very good candidate to test the old highs in the next few weeks. "Undervalued" you might say. First target 800+ sats
HBAR / BTC - 1H Short Term - High Risk Trade1H HBAR is approaching the end of yet another symmetrical triangle.
Targets listed above, watch out for fake outs (in either direction).
Beware BTC and BTC Dominance.
HBAR / BTC - Monthly Massive Bull Flag Update: Zoomed InZooming in on the bull flag printed on our monthly chart shows a break of resistance and a re-test.
Beware BTC and BTC Dom.
HBAR / BTC - 30 min chart now vs. Feb prior to massive riseLook familiar? Also the weekly chart displays the same pattern.
HBAR / BTC - 4H Update - Bull Flag approaching decisionLiftoff possibly imminent, and imminent CB listing announcement rumors floating around (HBAR has been under consideration for CB Custody since April 2018, reiterated by them a couple weeks ago along with other coins).
Beware of bitcoin, prepare for all scenarios.
Weekly resistance is around 454 sats, Daily is much higher - most recent resistance was around 500, then 537ish, then 600-800s.
Support 347-370s
HBAR / BTC - Just a quick noteScroll back to Feb 11, 2020 on the 30 min chart, look at what price did before the big boom - same pattern
HBAR / BTC - Inverted Cup and Handle Projection IdeaAnother Short Idea for HBAR - within the 192 day cycle from first candle after peak, possibly we form an inverted cup and handle and head downwards.
Target areas listed for buy/sell. Candle wicks hidden/ignored in this chart.
Random Thoughts:
The USD and BTC pairs are a bit at odds with each other right now. With this idea, we'd hit a long target of around 5-5.8 cents (possibly higher - depending on BTC value)
on the USD pair which still looks bullish, and then a significant correction before really moving upwards.
HBAR / BTC - Similar pattern shown now as during previous runObserving / comparing the following shows an incredibly similar pattern with each other:
Top: HBAR / BTC current daily chart
Bottom: HBAR / BTC chart pattern printed on shorter timeframes during the rise from 114 - 865 sats in early to mid February
