Ascending triangle 4hr chart $HBAR. Breakout imminent!By my projections we hit around 12c by 25/01/2020. Based on us smashing out upwards of this ascending triangle.
HBARUSD trade ideas
Imminent Break-OutHBAR has consolidated around the .05 mark for a few days now and is likely to see a nice push up here. Once we clear the orange triangle, I expect to see a pull back to confirm support and then a rather strong move up to .025 area. HBAR is becoming less and less affected by the BTC market so I expect support (around the .05 area) to hold even if BTC dumps to 29k area. As discussed in my previous post, I believe HBAR will be an eventual top 10 coin, that said long term entries here are great as we likely won't see these prices EVER again. Pop some popcorn and enjoy the fireworks, things are about to get interesting!
This is not financial advice, please do your own research.
HBARUSD and HBARBTC - BOTH BREAKING OUT Hedera Hashgraph is going to melt faces as one of the most undervalued cryptos. I don't need to write much. .20 first target. Long term who knows - 1.00+
HBAR / USD - Cup and Handle FormingHBAR has been in a long consolidation after the so-called Google pump. It has actually held up quite well over time.
As we know, the longer these consolidation periods get drawn out, the more this increases the potential for larger moves. I believe we are forming a cup and handle, and have laid out conservative targets for the near term, but believe it could go significantly higher over time.
A break below 2.7 cents may invalidate this, but HBAR also has done quite a few fake-outs in the past. I've been wrong in charting HBAR quite a few times in the past, but long-term this is one of the few "cryptocurrencies" (DLT is the proper term here) that I believe has real potential in the future to pull a move like litecoin, ethereum, and xrp did in 2017. It has one of the best foundations in the space, with major corporations involved and a brilliant programmer behind its architecture. Look up founder Leemon Baird's talk at Harvard about the technology on Youtube:
www.youtube.com - here's a link to it
Two weeks ago, Hedera Hashgraph was used in a real world scenario to anchor an airstrike early-warning system for Syria. This was done through Hala Systems, a top disaster prevention platform which adopted the technology for use. This is a real world use in a system that needs to be insanely fast and incredibly secure, and they chose HBAR to run it on. Additionally, 5 days ago DLA Piper launched a new security tokenization platform utilizing Hedera. I believe it will be used for much more in the future. It has the potential for use in securing and modernizing elections, and it may remove much of the need for servers by turning every home computer into a cloud which sends data via secure HBAR "packets", and could therefore change the way we use the internet.
How I see $HBAR playing out over the next 72hrs. Corrective zig-zag wave about to be commence after todays surge - then we will embark on the next impulse wave up to just above 0.08c by mid next-week. This could take a bit longer than I expect and into next weekend however and I doubt will be entirely accurate but it'll follow a fairly similar pattern to this I assume.
This is INVALIDATED if $BTC dumps and takes the market with it. Right now- we look good to go!
HBAR potentially breaking out of a triangle formation?Upper part of the triangle highlighted dotted yellow. We maybe trying to break out?
It may not go straight up but bounce at the previous ATH towards the lower dotted yellow, and attempt an ascending triangle breakout.
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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/USDHBAR broke a year long down trend and is currrently trading in weekly resistance. A break and hold above this range could lead to a fun run up.... Still nothing confirmed, but I like the setup! Good luck y’all!
Beginning HBAR AccumulationThis is a very long term play. To date, this is the best technology on the market that I've found and nothing else really comes close to competing. My only concern is the governance model. We will only be able to see how this shakes out over time but the tech is too good not to take a chance on. This is going to be a 10+ year play for me.
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 passes buying rules!HABR is a utility coin that was issued by the Hedera Hashgraph platform announced in March 2018. The public network is built on Hashgraph, which is a kind of distributed ledger technology (DLT), developed by the Texas-based software company Swirlds. The company had previously deployed private versions of the blockchain with several huge enterprises. This technology is designed to help Hedera Hashgraph achieve more than 100,000 transactions per second, making it a true competitor to Visa and other mass-market payment systems.
On the 22nd November 2020, Hedera Hashgraph has passed all buying rules and today as it stands is above the 55day moving average.
Using the 2 Day Candle
Entry Rules: (10) EMA over the (20) EMA or
A close above the 20MA while it is in upward direction
Stochastic RSI upward but not above 80
MACD crossing positive
If all rules are met buy on open
HBAR / USD - Reversal after long DowntrendAn uptrend is forming within the channel shown on the chart. If we can get above the red box (resistance), we may test the top of the channel again soon.
If we break above the channel, we could revisit 0.55-0.6 cents, or higher.
BTC pair also looks good for a reversal.
HBAR / USD - Weekly Chart potentially forming HSiHBAR / BTC pair has been in a downtrend for a good while now without any significant corrections. It feels due for a correction soon. The USD pair here shows potential for an inverse head and shoulders pattern forming, and we could be at or near the bottom of the right shoulder. Volume is starting to rise as well. If it plays out as suggested on the chart idea above, it should complete this pattern around mid to late December.
Keep an eye on this, but beware goings-on of BTC
- also be mindful that HBAR has a much lower USD bottom prior to the google news, and hasn't yet re-visited previous BTC pair bottom either (if it will get there, we're hovering around 185-190 sats, previous bottom was 114 sats).
