HBARPERP trade ideas
$HBAR - reclaim the top part 2Fellow HbarBarians our time is coming
The daily chart broke out to the upside to 0.58c
we have safely completed the retest of the trend support line to create this cup and handle like pattern.
A return to a new ATH all being well BTC stabilises a new uptrend to 50K+ USD
Dependent on volume our corrective wave is finished and a new elliot wave 1-5 can push us to the fib extension mark of 1 USD @ 200%
$HBAR - Weekly trend outlook4 days left of the week and HBAR is consolidating around around 20-22 C mark
Multiple hits on the top side of the flag prior to BTC / Elon mess
Should BTC calm down and alt market fires up again .... HBAR was ready for a massive breakout having been consolidating in a bullflag formation for over 112 Days !
Target 65-70 C
CRYPTO - HBAR - Inverse H&S pattern completed. Get longCRYPTO - HBAR - Inverse head and shoulders pattern completed. We have broken the neckline.
Volume - large green candles showing demand.
RSI - shows that selling pressure has gone away.
STO - STO is high but this is sustainable based on previous moves.
BUL DIVS - We have just had three bullish divergences and all significant moves have followed bull divs in the past.
Target 0.3950
Stop 0.329
HBAR - Time to pay attention in the coming weeks!Before reading, get rid of your moonboy mentality and no emotions for dips/corrections! Cannot rule bearish scenarios! Dips are for buying!!
People are so focused on the hourly/daily timeframe that they get emotional on every dip! Take a step back to the weekly/monthly timeframe and see why I'm so bullish now. Stop looking at the short term dips/rise. Short term is irrelevant for the move that is coming!
You can't be emotional in these markets (stocks, forex, crypto, real estate, etc.). You will lose this game following the news and doing what the majority does. News creates emotions. Everything you need to know are on the charts. News are manipulated by the elites, and they take advantage of our emotions. Stop listening the news and pay more attention to the charts. Don't follow the majority, because the majority will lose in the end! Also, don't buy the hype when everyone is buying.. instead buy the fear when everyone else is selling
Everything is on the chart! Cryptocurrencies are on the verge of exploding higher. Dips/Corrections are normal and needed in a bull market, and are buying opportunities! Huge gains opportunity in the coming months! Never trade blindly. Use multiple indicators to make calculated decisions. Trade with no emotions!
FACTS (two week chart):
1. MACD - Crossed bullish and above the 0 level for confirmation of Bullish Reversal Momentum on the 2week timeframe!!
2. Stochastic RSI - Awaiting confirmation cross bullish before we skyrocket!
3. Last time we crossed bullish on the MACD and Stochastic RSI (over the 20 Level), HBAR did a 15x!!
4. We hit my first target last week to the T! If we go down, be prepared to buy lower, but expecting to skyrocket next few months!
Buy Target (We hit the first target to the T last week! If we continue going lower, expect these targets again! If not, we moon!):
1: 0.30 (Corresponds to the 0.382 Fib)
2: 0.24 (Corresponds to the 0.236 Fib)
"If you can't beat the fear, do it scared!"
"Be fearful when others are greedy, and greedy when others are fearful!" - Warren Buffet.
"Markets are a device for transferring money from the impatient to the patient. - Warren Buffet
"Show me the charts, and I'll tell you the news." - Bernard Baruch
"The secret to investing/trading is figuring out how rich you want to be and how poor you're willing to become."
"If you want to live like the 5% of the population who are hugely successful, then don't act like the 95%!"
HBARUSD - Weekly (Q4 Hopium Only Edition)HBARUSD - Weekly
Sorta, kinda looks like a cup and handle also... not a fan of that genesis dump candle from 2019 though. Seems to be trying to flip the top of the range currently.
Stop Loss: $0.21 (Once the current level is flipped)
Target: $12.24 (Measured move of the cup height)