Since topping out at $0.20151, HBAR has spent the last nine days in a corrective pullback. Digging into a rich confluence of supports that offers a long trade setup. Here’s how to spot the high‑probability entries, manage your risk, and scale out for maximum reward.
Current Context
The Golden Support Zone
All signals converge between $0.170 and $0.1725:
This “golden pocket” is your pivot for a low‑risk, high‑probability long.
Long Trade Setup
Scaling Your Exits
Keep in mind a potential false‑break (SFP) at $0.17543: if price briefly dips below then snaps back up, with increased volume.
Short Trade Setup
For traders looking to play the downside from the “golden pocket” flip, here’s a clear short strategy:
By scaling into shorts across that fib band, you balance your risk and capture the high‑odds reversal offered by stacked Fibonacci confluence. Let the golden pocket guide both your longs and shorts!
Key Takeaways
With these confluences lining up and clear levels to work from, HBAR’s next high‑probability long setup is staring you in the face. Trade smart, size appropriately, and let the market reward your discipline.
Happy Trading!
___________________________________
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Current Context
- Two days ago, price was firmly rejected at the weekly open ($0.19029) right alongside the anchored VWAP drawn from the $0.28781 swing high.
- HBAR now trades below the monthly open ($0.18210), the weekly open ($0.19029), and the daily open ($0.18024), sitting at about $0.177.
- Just beneath today’s level lies the swing low at $0.17543. Breaching this could flush out stops before any meaningful bounce.
The Golden Support Zone
All signals converge between $0.170 and $0.1725:
- The anchored VWAP from the $0.12488 low sits at around $0.17.
- The 0.618 fib retracement of the $0.15396→$0.20239 move falls at $0.17246. Just under the swing low where the liquidity lies.
- The secondary 0.666 fib retracement lands at $0.17014, reinforcing that floor.
- Volume‑profile analysis of the past 27 days pins its Point of Control right at $0.17, great confluence with the anchored VWAP.
This “golden pocket” is your pivot for a low‑risk, high‑probability long.
Long Trade Setup
- Ladder buy orders between the swing low ($0.17543) and the 0.666 fib at $0.17014.
- Aim to average in around $0.1725.
- Place a single stop‑loss just below $0.17
Scaling Your Exits
- First Partial Exit at the monthly open ($0.18210). This offers roughly a 2:1 R:R.
- Second Exit Zone around the weekly open and VWAP resistance (~$0.19) for about a 3:1 R:R.
- Final Target at the 0.618 fib retracement of the entire down‑wave (from $0.28781 to $0.12488) near $0.2256. An astounding 10:1 payoff for the patient trader.
Keep in mind a potential false‑break (SFP) at $0.17543: if price briefly dips below then snaps back up, with increased volume.
Short Trade Setup
For traders looking to play the downside from the “golden pocket” flip, here’s a clear short strategy:
- Entry Zone: Ladder short entries between the 0.618 fib at $0.22557 and the 0.666 fib at $0.23339.
- Confluence: The 0.666 level aligns perfectly with the negative 0.618 fib from the prior swing, creating a resistance zone.
- Stop‑Loss: Place your stop just above $0.23339, invalidating the confluence.
- Take‑Profit: Target a return to around $0.206, where you can lock in gains as HBAR retests its previous high.
By scaling into shorts across that fib band, you balance your risk and capture the high‑odds reversal offered by stacked Fibonacci confluence. Let the golden pocket guide both your longs and shorts!
Key Takeaways
- Confluence is king: VWAPs, Fibonacci retracements, Liquidity and volume‑profile all align in the $0.170–$0.175 zone.
- Risk control: One stop‑loss under $0.17 protects the entire laddered entry.
- Tiered targets: Small wins at $0.182, larger as you clear $0.19, and a big payoff if HBAR rallies toward $0.225. Trail your SL accordingly.
- Patience pays: Wait for price to enter the golden pocket, avoid chasing!
With these confluences lining up and clear levels to work from, HBAR’s next high‑probability long setup is staring you in the face. Trade smart, size appropriately, and let the market reward your discipline.
Happy Trading!
___________________________________
If you found this helpful, leave a like and comment below! Got requests for the next technical analysis? Let me know.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
🏆 Mastering Fibonacci for precision trading
🔹 Sharing high-probability trade setups
⚡ Unlock the power of technical analysis!
🔹 Sharing high-probability trade setups
⚡ Unlock the power of technical analysis!
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.