HBAR Will Make a Nice Run After May 26thHBAR will be one of the cryptocurrencies that will rip the hardest this cycle.
Currently HBAR is going to sweep a liquidation wick at around .16-.17 (Should be hit before May 26th)
from there on, HBAR should have a 5 week consecutive rally to above $1.8 until the end of June to beginning of July.
Key stats
Hedera Stock Chart Fibonacci Analysis 060125
Trading Idea
1) Find a FIBO slingshot
2) Check FIBO 61.80% level
3) Entry Point > 0.167/61.80%
Chart time frame:B
A) 15 min(1W-3M)
B) 1 hr(3M-6M)
C) 4 hr(6M-1year)
D) 1 day(1-3years)
Stock progress:A
A) Keep rising over 61.80% resistance
B) 61.80% resistance
C) 61.80% support
D) Hit the bottom
HBAR (Local) Elliot Wave ii UnderwayHBAR appears to have completed a leading diagonal for wave 1 after finding a bottom at the major support high volume node (HVN).
Wave 2 has retraced the expected 61.8% Fibonacci but alt coins have their own Golden Pocket at the 78.6% retracement which aligns with the S1 pivot and high volume node.
ChannelsStochastic RSI is in oversold zone.
RSI is in oversold zone.
CCI near reversal zone
Price has cycled downed to the bottom of an upward parallel channel and the 200 EMA in orange.
VIX indicator recently flashed bottom is in.
Indicators are pointing toward a reversal
If price has a bearish breakout fr
HEDERA Not high hopes. Upside is limited.Hedera / HBARUSD is on a 1week MA50 rebound with the 1week MACD close to a Bullish Cross formation.
This is the very same pattern it followed near the end of the previous Cycle on the June 21st 2021 rebound.
See the identical 1week MACD patterns, even the similar price structure on the 2020 and 20
HBAR: Keep an eye on this level!Trading Setup
If you’re considering trading HBAR, here’s a quick setup that may help you.
The idea is: Buy when the price breaks above $0.216 and take profits at the levels shown in the chart.
Targets:
1. $0.225
2. $0.244
3. $0.254
4. $0.28
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About
HBAR is one of the most important cryptos to own long term.Hedera's technology is leaps and bounds ahead of nearly every other crypto in the space, both in terms of current capabilities and future potential. If you own crypto, you'd be crazy, in my opinion, not to hold HBAR.
Good luck, and always use a stop-loss!
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Frequently Asked Questions
Hedera Hashgraph (HBAR) reached its highest price on Sep 16, 2021 — it amounted to 0.56872 USD. Find more insights on the HBAR price chart.
See the list of crypto gainers and choose what best fits your strategy.
See the list of crypto gainers and choose what best fits your strategy.
Hedera Hashgraph (HBAR) reached the lowest price of 0.03517 USD on Dec 31, 2022. View more Hedera Hashgraph dynamics on the price chart.
See the list of crypto losers to find unexpected opportunities.
See the list of crypto losers to find unexpected opportunities.
The safest choice when buying HBAR is to go to a well-known crypto exchange. Some of the popular names are Binance, Coinbase, Kraken. But you'll have to find a reliable broker and create an account first. You can trade HBAR right from TradingView charts — just choose a broker and connect to your account.
You can discuss Hedera Hashgraph (HBAR) with other users in our public chats, Minds or in the comments to Ideas.