HBARUSDT trade ideas
HBARUSDT another breakout ahead?Falling Wedge Breakout: HBARUSDT has recently experienced a breakout from a falling wedge pattern. A falling wedge is characterized by a narrowing price range between two converging trendlines. A breakout from this pattern is generally seen as a bullish signal, indicating a potential reversal of the prior downtrend.
False Breakout Confirmation: You mentioned that there was a clear false breakout from the $0.4 level, and this was correctly indicated in your VIP group. A false breakout occurs when the price temporarily moves beyond a key level but then quickly reverses back into the pattern. It's great that your analysis identified this occurrence.
New Breakout Potential: Now, you anticipate that the market might grab new liquidity to potentially create a new breakout from the $0.07 area. This indicates that the price might experience a move to attract more buying interest or selling pressure around this specific price level.
Plancton's Rules Application: According to Plancton's Rules, you suggest a new long position if the price indeed undergoes a breakout from the $0.07 area. A long position involves buying the asset with the expectation that its price will rise, in line with the potential bullish momentum indicated by the breakout.
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <= 1h structure.
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Whether it can rise above 0.0731 is the keyHello?
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(HBARUSDT 1M Chart)
The question is whether it can rise above 0.0731.
(1W chart)
If price holds above 0.0731, it will enter a sharp volatility zone with few support and resistance zones.
Therefore, the key is whether it can receive support around 0.0613 and rise.
(1D chart)
Whatever the picture, the full-fledged rise is expected to begin when it rises above 0.1037.
Therefore, it is important to check the support around 0.0613-0.0731.
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** All descriptions are for reference only and do not guarantee profit or loss in investment.
** The trading volume indicator is displayed as a candle body based on 10EMA.
Display method (in order of boldest)
More than 3x 10EMA trading volume > 2.5x > 2.0x > 1.25x > trading volume below 10EMA
** Even if you know other people's know-how, it takes a considerable period of time to make it your own.
** This is a chart created with my know-how.
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HBAR: Rising Wedge BreakoutHedera Hashgraph (HBAR) technical analysis:
Trade setup : Breakout from a Rising Wedge pattern and in an Uptrend. Notably higher volumes on up days recently, which is also positive. Upside to $0.08 resistance or even $0.10.
Trend : Uptrend on Short- and Medium-Term basis and Neutral on Long-Term basis.
Momentum is Bullish (MACD Line is above MACD Signal Line and RSI is above 55).
Support and Resistance : Nearest Support Zone is $0.050 (previous resistance), then $0.035. The nearest Resistance Zone is $0.060, which it broke, then $0.080 and $0.100.
The Liquidity Lever: How #HBARUSDT Could Utilize Buying Area💎 Let's take a closer look at #HBARUSDT, which has been on a steady climb within a wedge pattern over the last two months. In early August, the price found support at the significant psychological level of $0.05. This level coincides with the mid-term demand zone and also aligns with the 200 Simple Moving Average, reinforcing $0.05 as a crucial area to monitor.
💎 After bouncing off this support zone, #HederaHashgraph ascended, only to be halted at the wedge's upper boundary, effectively bouncing off the resistance trendline. This could suggest two potential bullish scenarios: a more substantial correction downward, possibly to the wedge's bottom, or a brief break below the uptrend trendline to gather fresh buying liquidity before continuing upward.
💎 At the same time, a break above the wedge could lead to a rapid rise towards the $0.076 double Fibonacci resistance, and we must be prepared for both of these bullish possibilities.
💎 The less likely scenario is a trend reversal to the downside, which would only occur if #HBARUSDT breaks below demand zone, 200SMA and the $0.045 support. Such a move would undoubtedly tip the scales in favor of the bears. Stay tuned, Ladies and Gentlemen of ParadiseClub, as we continue to navigate the dynamic world of crypto!
#HBAR/USDT - Long - Potential 235.29%Direction: Long
Market: Spot
Risk: 0.25% - 1%
#USDT_HBAR
Exchange: BINANCE
Timeframe: 360
TP1: 0.2404
Entry: 0.0733
STOP: 0.0316
Major HBAR rally after "Dropp," a Hedera-based micropayments platform was added as a service provider to the FEDNOW payment service.
This is an interesting development as Drops lets users pay in HBAR or USDC through the FEDNOW infrastructure demonstrating that HBAR is firmly in the cool club with the institutions and regulators. This will massively boost transaction volume and drive demand.
Combine this with daily active accounts increasing almost 300% year to date and HBAR looks a solid bet for continued growth.
In terms of the technicals this looks like a classic early stage bull market move. Definitve break of all moving averages after a massive volume spike. Zoomed out we can see massive upside potential, I'm targeting the fib 0.382 for Q1 2024 but I'm sure price can reclaim $5 if we get another major bull cycle in 2024. Realistically this is a great moment to be accumulating solid crypto projects with real world applications.
✴️ Hedera Hashgraph No Doubt Strongly Bullish (800% Or More?)Here is a pretty interesting chart with signals hard to ignore... This is the daily timeframe for Hedera Hashgraph and look at the volume, we haven't seen anything like it in a very long time... Where is all this volume/money coming from?
Yesterday HBARUSDT produced the highest buy/green/purchase volume ever on the daily timeframe which can only mean one thing... Strong bullish wave ahead.
✔️ I am mapping fast 50% but there should be so much more.
We have a higher low in June '23 vs Dec. '22 and thus a higher high can be expected in this wave. 0.13 can also be hit easily but with the volume I just mentioned, I wouldn't be surprised to see several weeks of continued growth.
The best strategy when the Altcoins market starts moving, when Bitcoin starts moving, is to hold through the entire ride on the way up.
✔️ While the downside is 100% limited, there is no limit on the way up... 300%, 500%, 800%? Be my guess, anything goes.
Namaste.
HBARUSDTBINANCE:HBARUSDT SHORT
⚠️Note:
In this type of signals, only the entry point and trade direction are specified, and stop loss and target are not determined.
If you are interested in entering these signals, please provide a stop loss and a logical market-based target.
⛔"Daily crypto market analyses I provide are personal opinions & not financial advice. Trading carries risks, so do your own research & seek advisor's help.#DYOR"
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HBAR: Rising WedgeHedera Hashgraph (HBAR) technical analysis:
Trade setup : Trading in a Rising Wedge pattern and in an Uptrend. Notably higher volumes on up days recently, which is also positive. Trend Traders: wait for a breakout. Swing Traders: can trade between the wedge trendlines.
Patterns : Rising Wedge It usually forms after an uptrend and suggests a potential bearish reversal in the original uptrend. When price breaks the lower trend line the price is expected to trend lower. Emerging patterns (before a breakout occurs) can be traded by swing traders between the convergence lines; however, most traders should wait for a completed pattern with a breakout.
Trend : Uptrend on Short- and Medium-Term basis and Neutral on Long-Term basis.
Momentum is Bullish (MACD Line is above MACD Signal Line and RSI is above 55).
Support and Resistance : Nearest Support Zone is $0.050 (previous resistance), then $0.035. The nearest Resistance Zone is $0.060, which it broke, then $0.080.
HEDERA HBAR price tries to change the trend to growthThe HBARUSDT price is trying to break through and gain a foothold above the strong mirror level of $0.58.
If buyers manage to do this, the next HBAR price target will likely be $0.75.
Then, a retest of $0.58. If the HEDERA token price doesn't drop lower, great.
You can buy HBAR in your investment portfolio with a clear conscience and wait for it to grow to at least $1.70
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Brief Analysis ——HBARToday we have selected two tokens with high trading volume from the tokens listed on Binance for a brief analysis. They are HBAR and ZEC.
Like most tokens, HBAR rose in early 2023. In the following months, HBAR fell with fluctuation, close to covering the gains of the early 2023. Until the early June, the price rebounded, and remained above the green dotted line. In the last week, a long green candle pushed the price near the high. And in the process of rising, the trading volume increased. Then the price starts to pull back. The trading volume gradually decreased.
Conclusion: Mostly fluctuation, and more likely to rise than fall. Although a long green candle may form today. But before that, the gap between bulls and bears was not big. HBAR remains bullish on a large scale, so we draw this conclusion. We set resistance level at 0.070 and support level at 0.051.
Disclaimer: Nothing in the script constitutes investment advice. The script objectively expounded the market situation and should not be construed as an offer to sell or an invitation to buy any cryptocurrencies.
Any decisions made based on the information contained in the script are your sole responsibility. Any investments made or to be made shall be with your independent analyses based on your financial situation and objectives.
Two scenarios for this rangeDaily Chart
BINANCE:HBARUSDT has Break of Structure after reached to 0.099 then HBAR's downed to 0.04 (786 Fib Re)
So HBAR has two scenarios right now
#1 - Price break down ascending trend line acts the support and down to 0.4 again
#2 - Price goes up along ascending trend line and test the resistance at 0.065
I more likely #1 because BTC can down a little bit
Wait for a next move
Riding the Waves of Optimism: Hedera HashgraphRiding the Waves of Optimism: Unveiling the Bullish Trajectory of HBAR
In the world of cryptocurrency, Hedera Hashgraph (HBAR) has been making substantial strides that echo a promising future. The buzz surrounding HBAR's potential ascent to $0.13 in 2023, as suggested by market experts, has invigorated the crypto community with enthusiasm. While predictions are speculative, they stem from a series of favorable indicators and developments that are propelling HBAR towards a bullish trajectory.
1. Strategic Integrations with Web 2.0 Enterprises: Hedera Hashgraph's progressive collaborations with prominent Web 2.0 enterprises have been a pivotal driving force behind its upward momentum. The platform's ability to seamlessly integrate blockchain technology into existing business models has garnered significant attention. As more enterprises recognize the benefits of harnessing the capabilities of Hedera's ecosystem, its adoption is poised to skyrocket.
2. Resilience Against Market Volatility: HBAR's performance during market fluctuations has demonstrated its resilience and stability. While short-term market shifts may lead to temporary price corrections, HBAR's consistent rebound after such episodes suggests a strong underlying demand. This phenomenon can be attributed to its growing utility and use cases, which extend beyond mere speculation.
3. Nurturing Long-Term Growth: Despite short-term bearish sentiment, the overarching sentiment surrounding HBAR remains optimistic. This is underscored by the anticipation of HBAR reaching $0.078 by 2024, as market observers believe that the platform's ongoing partnerships and technological advancements will catalyze sustained growth.
4. Building on Past Achievements: HBAR's historical price performance, including its previous all-time high of $0.56 in September 2021, showcases the token's potential to surge to new heights. This historical context provides a valuable perspective on HBAR's capacity to regain and surpass its previous peaks.
It's essential to recognize that the cryptocurrency market is inherently volatile, and predictions are speculative by nature. While the factors mentioned above indicate a bullish sentiment surrounding HBAR, investors should conduct thorough research and exercise caution before making investment decisions.
Disclaimer:
The information provided above is for informational purposes only and does not constitute financial advice or a recommendation to invest. Cryptocurrency investments involve substantial risk, including the risk of loss of capital. The price of HBAR and other cryptocurrencies can be highly volatile and may fluctuate significantly. Readers are advised to conduct their research and consult with financial professionals before making any investment decisions. The author and publisher of this article shall not be held responsible for any investment decisions or actions based on the information provided herein.
HBAR/USDT Confirms its Bullish Move, Hedera Hashgraph Analysis Hello Paradisers, Time to get into action!!
💎 HBARUSDT is gearing up for a potential rise and anchored above the 21 EMA, signaling bullish vibes.
💎 Underpinning this optimistic view is the Demand Zone lying just below, which will definitely boost the bullish drive.
💎 Beyond this zone, we've spotted a bullish nod on a smaller timeframe, hinting that the price might circle back to this level.
💎 On the flip side, if the price drifts into the invalidation zone and slips through, we might witness a bearish turn.
💎 Stay connected for more updates and savor your trading journey with #MyCryptoParadise!