HBAR will DOUBLE in the next 6 to 8 weeks!HBAR has been forming a very clear cup & handle formation for the past 10 months (since February 2023), and is now starting to work on creating the handle. HBAR has nearly doubled since mid October and over the next six to eight weeks WILL DOUBLE AGAIN!
Pick your spots, pack your bags and buckle your seatbelts!
The journey to the moon first starts with an ignition!
HBARUSDT trade ideas
Eyeing the $12.5 TargetHBAR is currently encountering a pivotal resistance level, marking a critical juncture in its pricing trajectory. This level is identified as the primary resistance zone, indicative of a significant barrier in its upward movement.
Market analysis suggests the potential for a pullback and subsequent correction phase as the price interacts with this resistance.
Such a retracement is a common phenomenon in asset pricing behavior, reflecting a consolidation of gains and a reassessment of market value.
Should HBAR successfully navigate this resistance and the accompanying market dynamics, there's a plausible scenario where it could advance towards a higher resistance target, specifically the $12.5 mark.
This analysis is for guidance only and shouldn't be taken as direct trading advice.
HBAR bullish double bottom pattern!HBAR has done a double bottom (2022/12/31 & 2023/06/10), with a neck of $0.0987 (2023/02/12). If this breaks, the range between $0.0356 and $0.0987 gives us a minimum target of 277% x $0.0987 == $0.2736. The size of this double bottom (spanning more than a year) implies a significant price movement.
HBAR Embrace the Future of Finance: Invest in Crypto Today 💰**Short Fundamental Analysis**
Hedera Hashgraph (HBAR) is a high-performance public ledger platform that utilizes a unique consensus mechanism called hashgraph. Hashgraph is claimed to be more efficient and scalable than traditional blockchains, making it well-suited for enterprise applications. Hedera has also been praised for its governance structure, which is led by a council of reputable institutions.
**Recent News**
* Hedera announced the launch of its DevNet 3.0, which is a new version of its public testnet that is designed to be more accessible and user-friendly.
* Hedera also announced the launch of its Hedera Token Service (HTS), which is a new platform that allows developers to create and manage their own tokens on the Hedera network.
* Hedera has been gaining traction in the enterprise space, with a number of major companies, including IBM, Boeing, and Deutsche Telekom, announcing plans to use the Hedera network.
**Disclaimer**
Investing in cryptocurrencies is highly speculative and involves substantial risk. Do your own research before making any investment decisions.
HBAR/USDT bullish horizons? 👀 🚀HBAR Today Analysis💎 Paradisers, let's take a closer look at #HBARUSDT as it's currently displaying a promising pattern. Positioned at a crucial support level, it is hinting at an impending bullish movement.
💎 Recently, #HederaHashgraph has seen a resistance level transform into support. Currently, it is maintaining strong momentum above the support level of $0.0772. Should it continue to demonstrate strength above this level, we might witness an upward trajectory, aiming to overcome the significant resistance at $0.1363.
💎 However, should #HBAR fail to sustain its momentum above the $0.0772 support, we could see a bullish recovery strategy coming into play, potentially from a lower support level at $0.0676.
💎 It's crucial to be prepared for all possibilities. If #HBAR breaks below the $0.0676 support level, it could signal a shift towards a downward trend. 🌴💰
HBAR/USDT Bulls Set Sights on Breakthrough? 👀 🚀 HBAR💎 Paradisers, an exciting opportunity is emerging with HBARUSDT. The asset is currently attempting to break through a significant supply level, suggesting a strong likelihood of a bullish trend upon a successful breakout.
💎HBAR has shown a pattern of ascending after breaking through supply levels. Recently, it has made a second attempt to surpass the supply level at 0.0641. If HBAR successfully breaches this level, we can anticipate a bullish trajectory towards a higher supply level.
💎 Notably, HederaHashgraph is maintaining robust momentum above the EMA100, which bolsters the bullish outlook. This scenario requires a nuanced understanding of the dynamics between probabilities and mathematics, offering investors a clear view of the potential risks and rewards.
💎 Alternatively, if HBAR fails to overcome the robust supply level, we might see a bullish continuation from the lower demand level at .0549. However, a break below this demand level could lead to a significant downward movement towards the next support level.
💎 This analysis underscores the importance of monitoring price action around these pivotal levels for strategic trading decisions.
HBAR: $0.1 SOOON ! Get ready for Breakout🌐 Hello Crypto Enthusiasts,
Exciting developments are underway on the HBAR chart, and it's time for a closer look! HBAR has recently undergone a double retest of a crucial trendline that has been shaping its trajectory since 2020. The market is now in a consolidation phase, presenting an imminent opportunity for a breakout. Let's dive into the details of this chart setup. 📊🚀
Analyzing HBAR Chart: Setting the Stage for a Breakout
Double Retest of Long-Term Trendline:
Historical Significance: The trendline in question carries historical significance, originating from as far back as 2020.
Double Touch: HBAR has recently achieved a noteworthy feat by retesting this trendline not once but twice, emphasizing its relevance.
Range Trading Dynamics:
Consolidation Phase: The current price action indicates that HBAR is in a consolidation or range-trading phase.
Trendline as a Pivot: The lower trendline is acting as a pivotal support, putting pressure on the price and setting the stage for potential upward momentum.
Anticipating the Breakout:
Technical Indicators: The double retest and consolidation suggest an imminent breakout scenario.
Volatility Awareness: Traders should be prepared for increased volatility as HBAR approaches a decisive point in its price action.
Trading Strategy Considerations:
Breakout Confirmation:
Upper Resistance Break: A confirmed breakout above the upper resistance of the range would signal a bullish continuation.
Volume Confirmation: Verify the breakout with increased trading volume for added confirmation.
Risk Management:
Protecting Capital: Traders are advised to implement robust risk management strategies, considering potential volatility.
Stop-Loss Placement: Determine strategic stop-loss levels based on risk tolerance and technical analysis.
Price Target:
Initial Target: The first price target following a successful breakout could be set at 0.1, considering the historical context and technical analysis.
Conclusion:
As HBAR hovers on the cusp of a potential breakout, traders and investors alike should monitor the situation closely. The double retest of the long-term trendline and the current range trading dynamics make HBAR a coin to watch for potential price acceleration.
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HBARUSDT Elliott Waves AnalysisHello friends.
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Everything on the chart.
Targets: 0.073 and 0.077
after first target reached move ur stop to breakeven
Stop: ~0.053 (depending of ur risk). ALWAYS follow ur RM .
RR: 1 to 2
risk is justified
Good luck everyone!
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It's not financial advice.
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HBAR ANALYSIS💥💥#HBAR Analysis 🚀🚀
🔮 #HBAR is trading in a Symmetrical Triangle Pattern and the price got rejected from it's trend line. A good move will be seen only if it breaks the trendline.💸💸
👀Current Price: $0.0606
🚀 Target Price: $0.0990
⚡️What to do ?
👀Keep an eye on #HBAR price action and volume. We can trade according to the chart and make some profits. Stay tuned for further analysis and stay updated with market sentiments and news.⚡️⚡️
🏷Remember, the crypto market is dynamic in nature and changes rapidly, so always use stop loss and take proper knowledge before investments.
#HBAR #Cryptocurrency #TechnicalAnalysis #DYOR