HBARUSD trade ideas
HBAR / USDHBAR been through a distribution event by the whales over the last 2 months or so, collecting their $millions. There has been a reclaim of sorts around the current price.
I know Credible Crypto is a big fan of this and rightly so, check his YouTube analysis, it's hard to not get pumped, backed by some of the largest tech firms in the world. I expect $HBAR to do a $ADA on its first speculative run, peak and trough before adoption 2 or 3 years (or longer) down the track... Since we are quite some distance away from this chain being decentralised and useful, I will not holding this bag longer than I need to!
I'm buying around $0.255 where there seems to be demand, expecting a bumpy ride of sorts over the next couple of weeks but the sky is the limit if we can break through that resistance that was previously support.
Dont trade with debt, trade within your means and use a stop loss!
Alfa
HBAR BUY/LONG 0.28 to potentially 0.515 By Mid July 2021TICKER CODE: HBARUSD
Company Name: Hedera Hashgraph
Industry: Cryptocurrency | Blockchain
Position Proposed: BUY
Technical Analysis
1. Large Flag Pattern (Forming)
2. Fibonacci Retracement reached to 0.786
3. Fibonacci Expansion 1st Partial Safe Take Profit Level 1 (Grey Zone) at the length of Flagpole Price Range
Buy Entry: NOW READY (0.28-0.35)
1st Partial Take Profit: 0.515 (End June - Mid July 2021)
2nd Partial Take Profit: 0.705 (August-September 2021)
Stop Loss: 0.15
HBAR Update: Bullish Pennant awaiting BREAKOUT confirmation!HBAR UPDATE (Facts):
1. HBAR is creating a bullish pennant pattern.
Bullish Pennant: Are continuation patterns where a period of consolidation is followed
by a breakout used in technical analysis.
2. Awaiting bullish cross on the weekly Stochastic RSI
3. We haven't been below 59 RSI since December 2020 (highly oversold!)
4. Coinbase is exploring adding HBAR (Link Below):
blog.coinbase.com
5. HBAR will be speaking at the Consensus 2021, so they mean businesss!
6. Last breakout of the bullish pennant, the measurement of the breakout is EERILY ACCURATE!!
Last HBAR Chart (Pretty accurate):
Everything is on the chart! HBAR (is on the verge of exploding higher. Dips/Corrections are normal and needed in a bull market, and are BUYING OPPORTUNITIES! HUGE GAIN opportunity in the coming months!!. We need confirmation end of the week. RSI is clearly oversold on the weekly! NEVER TRADE BLINDLY. USE MULTIPLE INDICATORS TO MAKE CALCULATED DECISIONS. TRADE WITH NO EMOTIONS!!
At the moment, the daily chart still shows some bearish contination, but the weekly is BULLISH!! Meaning short term bearish, but long term bullish!
Check out the Altcoin season chart below (Crypto Total Market Cap Excluding BTC ). We are on the verge of another altcoin super cycle
Altcoin Season is just getting started!! BULLISH CROSS on weekly!
Bitcoin dominance will die down and Altcoins will take over!! Whales/bots/institutions will be moving their Bitcoin ( BTC ) into the Altcoins, meaning Altcoin Season is just getting started.
Money flows like this:
FIAT > BITCOIN > LARGE MARKET CAP COINS > MIDDLE MARKET CAP COINS > SMALL MARKET CAP COINS > back to FIAT, and the cycle starts again.
I have moved majority of my BTC and diverse them into different altcoin positions. (ETH, HBAR, GRT , XLM , XRP, NEO, SNX , BNT, BCH, ADA, LTC, BTMX, LINK, FORTH, ENJ, ICX, STORJ, SHIB, FIL and NKN are the some of the altcoins I am moving BTC too).
Get ready to have an explosive Altcoin season just like what happen in the 2017 bull market. Once my sell indicators hit, I will be selling my positions to buy real estate, a lambo ;) , and moving the rest to Ethereum to Stake it!
Good Luck!
"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
HBAR Bullish Cross-over, Support Formed, Ready for Launch...What's up everyone, So Hedera Hashgraph has recently made a bullish signal.
One bullish signal is that we have a bullish cross-over of our EMA's on the 4hr.
Next, HBAR climbed to .40 before falling back down to bounce off it's initial break-out line, forming support.
The SELL BOX's illustrated by the two red boxes on the chart, are only potential places I plan to take profit at this time:
SELL BOX 1: .51-.53
SELL BOX 2: .70-.72
Again, these are only temporary profit taking points right now and are subject to change as we see the market play out a little more...
Note: for best and safest practice, wait for an hour candle close above .34 (Dashed red line), before entry. :)
HBAR Update: Bullish Pennant awaiting BREAKOUT confirmation!!FACTS:
1. HBAR is creating a bullish pennant!
Bullish Pennant: are continuation patterns where a period
of consolidation is followed by a breakout used in technical analysis.
Target of a bull flag is derived by measuring the length of the flag pole
and projecting it from the breakout point!
2. We just had a bullish Stochastic RSI Cross on the weekly! Last time
we crossed, HBAR 15x !!
3. The last time we crossed on the Stochastic RSI, the RSI level was at 65.
At the moment, we are again, at the 65 RSI Level!!
4. Coinbase is exploring adding HBAR. Link below:
blog.coinbase.com
5. HBAR will be speaking in the Consensus 2021 (Biggest Cryptocorrency Conference of the year!)
Check out my past chart. We hit exactly my target buy levels!! We are now creating a bullish pennant!
Everything is on the chart! HBAR is on the verge of exploding higher. Dips/Corrections are normal and needed in a bull market, and are BUYING OPPORTUNITIES! HUGE GAIN opportunity in the coming months!!. We need confirmation end of the week. RSI is clearly oversold on the weekly! NEVER TRADE BLINDLY. USE MULTIPLE INDICATORS TO MAKE CALCULATED DECISIONS. TRADE WITH NO EMOTIONS!!
CHARTS DON'T LIE!! Small/Mid size Corrections will happen on this journey to $5 which corresponds to the breakout target of the cup and handle in the next couple of months! Once target is met, a HUGE CORRECTION (maybe 70% dip) will occur. Take profit and buy again for the REAL bull run to begin!
Check out the Altcoin season chart below (Crypto Total Market Cap Excluding BTC ). We are on the verge of another altcoin super cycle
Altcoin Season is just getting started!! BULLISH CROSS on weeky!
Bitcoin dominance will die down and Altcoins will take over!! Whales/bots/institutions will be moving their Bitcoin ( BTC ) into the Altcoins, meaning Altcoin Season is just getting started.
Money flows like this:
FIAT > BITCOIN > LARGE MARKET CAP COINS > MIDDLE MARKET CAP COINS > SMALL MARKET CAP COINS > back to FIAT, and the cycle starts again.
I have moved majority of my BTC and diverse them into different altcoin positions. (ETH, HBAR, GRT , XLM , XRP, NEO, SNX , BNT, BCH, ADA, LTC, BTMX, LINK, FORTH, ENJ, ICX and NKN are the some of the altcoins I am moving BTC too).
Get ready to have an explosive Altcoin season just like what happen in the 2017 bull market. Once my sell indicators hit, I will be selling my positions to buy real estate, a lambo ;) , and moving the rest to Ethereum to Stake it!
Good Luck!
"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