HBARUSD trade ideas
Correctional Phase Over?Watching this one closely, it followed my trendline perfectly to break out of the downward trend. It's possible it will retest the previous high. Thoughts?
HBAR about to break out?HBAR, forming a triangular flag and seems to be consolidating for a breakout along with BTC.
Alts have been reacting rather very sensitive to BTC movements past 10 days, and while BTC rose 13% past 6 hours, HBAR rose 25%
When BTC is able to breakout to the upside, HBAR may have explosive movements to the upside.
Will we get new record highs with this altcoin at start of 2021? Seems bullish to me.
Falling wedge- what if? Break-out to the upside $HBARFalling wedge on 4hr chart. Super bullish if we manage to break out of this upwards.
HBAR on way to 0.10$Indicators shows that we will be in strong bullish trend next months. HBAR may see 0.10$ following months.
TP-1: 0.056
TP-2: 0.068
TP-3: 0.085
TP-4: 0.10
TP-5: 0.13
SL : 0.030
HBAR / USD - Double Bottom: Buy HBARHBAR shot up earlier this year and has since corrected and looks to be printing a double bottom that bottomed out around 2.7-2.8 cents.
It's currently moving up within a channel and presently sitting at the bottom of that channel.
A break below the channel plus a re-test of the bottom of it that results in a continued move below the channel invalidates this idea.
Short term, I believe we'll soon revisit 5.8-6 cents (see TP 2), with an initial target around 4.4-4.5 cents (see TP 1).
Long term, I see potential for HBAR to pull moves similar to ETH and LTC in 2017. 12 cents is not an unreasonable target, even 30 cents is possible.
The BTC pair shows a different story, so if you are a BTC maximalist, make sure you DYOR vs HBAR/BTC and keep an eye on how BTC moves because it will influence growth of this asset.
HBAR / USD - HBAR may continue upwardsHBAR USD pair has formed an inverted head and shoulders, we are right at the neckline, let's see if it breaks up
Breakout for $HBAR ? This is my first idea ever.. ! HBAR seeing some strong support this morning and breaking a downward trend. The last recent high was around $0.06 and most of the fall to $0.03 was due to a market-wide pull back. I believe we will target back toward $0.06 very quickly, assuming the overall market stays strong.
Possible test of previous resistance?Looks like the price is coming down to test previous resistance line, after Hbar broke out of its symmetrical triangle. Consolidation continues with no exciting news in the past month.
HBAR 9.1.20Trade setup . sell at the top of resistance for an easy 20 percent. it has been in this weird little accumulation trend that crypto likes to take on
HBAR / USD - **Update - Part II** Bullish Cup and HandleHBAR is re-testing the top of the long-term triangle here.
We need a big bounce here or this whole setup is invalidated.
Bearish idea - Take a look at the BTC pair, it ended at the top of a giant parallel channel that is in a downtrend, will update with a pic.
HBAR / USD - Re-testing top of Long Term TriangleThis is either the last leg before we break way up, or we head down much further from here if we break below this support.
Either way a big move is coming.
Hbar forming a parabolic patternThe Hbar has consolidated nicely over the summer months as precious metals continue to lead the crypto markets higher. Hedera Hashgraph is a next generation blockchain with top marks in speed, security, governance and stability (network will never fork). look into Blocknomy for more details. Enterprise use cases continue to grow. Transactions on the Mainnet surpassed 250 millions just the other day. Its very possible Google will use HCS in their advertisement division similar to what AdsDax is doing with Hedera. Also Hbar is officially being looked into by Coinbase, which is a major US exchange that if posted will easily cause the Hbar price to go up by 30%. The CEO of Hedera has been very compliant and careful in following SEC guidelines and best practices. Lots to watch for in this space. Do your own research, not financial advice.
HBAR / USD - 8 days left in 192 day Gann cycleObservation - There are 8 days left in the 192 day gann cycle where we expect major pivots to occur (measured from day after last highest peak), and we've broken resistance on all triangles.
See linked charts for targets.
HBAR / USD - **Update** Bullish Cup and HandleSee comments on chart, see related ideas linked below. Thoughts, comments, feedback, criticisms, critiques - all welcome. Thanks for your support!
Beware BTC and BTC Dominance, we are at a critical level.
HBAR / USD - Cup Handle Target 1 Hit, Testing SupportCup and handle prediction hit Target 1, spot on. We are re-testing the orange line on triangular support.
Beware BTC! Anything can happen here still.
HBAR looking like a snackI believe this is a good entry point before HBAR takes off without you average joes. to each your own.
It has finally broken out the consolidation wedge.
