Support range: 0.0441-0.0494Hello?
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(HBARUSDT chart)
The key is whether the price can be maintained above 0.0341 and rise above 0.069.
(1D chart)
This chart has an ambiguous boundary between the bottom section and the top section.
Accordingly, if the price rises above 0.069 and maintains the price, it is expected to rise without even knowing that it will rise.
The key is whether it can receive support around 0.0441-0.0494 and rise above 0.0593.
Accordingly, we need to check whether we can receive support in the 0.0525-0.0687 range.
If it receives support and rises around 0.0441-0.0494 this time, it is expected that the trend will be successfully reversed.
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** All explanations are for reference only and do not guarantee profit or loss in investment.
** Trading volume is displayed as a candle body based on 10EMA.
How to display (in order from darkest to darkest)
More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA
** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own.
** This chart was created using my know-how.
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HBARBTC
Examining HBARBTC Trend💎In the world of cryptocurrencies, #HBARBTC stands out as one of the coins that has managed to maintain a valid uptrend against Bitcoin. This distinction becomes evident when we observe the price consistently staying above the uptrend trendline. Currently, it's intriguing to see that the price is testing this trendline once again. This area holds the interest of buyers, although it's worth noting that it carries a degree of risk. Paradisers, always remember that patience and careful analysis are your allies in trading.
💎Adding to this, during the current month, we've witnessed a noteworthy development—a clean bounce off the 200 Simple Moving Average (SMA) on the daily chart. This moving average has effectively marked the 205 Satoshis level as a significant resistance point. While the temptation to buy may be strong, it's often wiser to await an upside breakout before taking action. At MCP, we will steadfastly monitor this prevailing resistance and exercise patience as we await a potential breakout.
💎In the event of a breakout, a new realm of opportunities emerges. We anticipate that, should such a breakout occur, #HBARBTC will set its sights on one of the double Fibonacci resistance levels, as clearly marked on the chart. However, in the mid-term, the coin is still navigating through a consolidation phase. The future holds the answer as to which direction this breakout will take us.
Cup n' HandleUnconfirmed cup n' handle pattern on the 1h chart for BINANCE:HBARBTC
What is confirmed?
- We have a cup
- We have a handle
- We broke above the handle and have held above it
- We've held above highs near the early formation of the left side of the cup
What's required to complete confirmation?
- Break and hold above the red line at 256 (252 was the highest close on the left side)
Target?
- 320 sats as an aggressive first target is displayed on the chart
- aggressive because it's measured from the cup shape and its wick lows rather than the candle close lows to cup top
- A more conservative target would be around 300, which may also act as a psychological resistance
My nice graphic got messed up when posting, so here it is again:
Notes:
- I also prefer to see it remain above 233, and it needs to get back above 246
- Links to related higher timeframe ideas for HBAR are linked below
- Cup top is the top of a current resistance area as seen on this other chart
Whether it can rise above 0.0731 is the keyHello?
Traders, welcome.
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Please also click "Boost".
Have a good day.
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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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216 Sats in ViewQuick mini update on HBAR / BTC pair:
Broke above a falling wedge on the daily, reached TP 1. Since then it has maintained above the little green support area drawn on the chart, and should be moving up to 216 sats or TP 2 next.
This lines up with the 200 day EMA after getting above the 50 day EMA/MA. 229 sats could also be reached if it hits the 200 day MA
HBAR Bottoming HereRSI trending up during the entire falling wedge, it bottomed as the wedge started, and then moved above 30 at its bottom. Wedge broke out, price fell back to weekly support near the same bottom.
So, we have bullish divergence b/w RSI and price, a bullish falling wedge that broke out but hasn't risen yet. Price fell back to weekly support a second time, potential double-bottom.
Finally, price is moving within its tightest range on the daily in its entire history.
Could we see a final strong drop before it moves up? Yes, but it looks good and ready to at least make a move into the first area of resistance, and back into the 200s.
I think a larger move is in store, however. Let's see.
See my other post on HBAR/USD in the related ideas below. I think HBAR wants to move back into the middle of weekly resistance vs. USD (around 21-31 cents)
Bad news for HBAR (1W)Hi, dear traders. how are you ? Today we have a viewpoint to SELL/SHORT the HBAR symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
HBAR Chartlots of folks interested in this, weird following this coin has for some reason i cant figure out. chart looks okay i guess seems to be trending lower, would accumulate sub yellow box below .04 if i wanted to take the 5x trade back to .20 which wont happen until the rest of crypto turns, there's potential here tho after gaining .07
HBAR / BTC What If? :)Well, it would def be nice! Big, if true! :)
I actually posted something like this before, but the HSi's right shoulder is now parallel with the left one - that is, if... it stops here instead of making a double bottom or a 3rd bottom that is yet again lower.
Silly ideas sometimes work out, let's see.
✳️ Hedera Hashgraph vs Bitcoin | Long-Term Bullish, Easy 100%+Hedera Hashgraph has been growing long-term vs Bitcoin, we say this based on the fact that a low was hit December 2020 and higher lows have been printed since.
Prices peaked September 2021 and this marked the beginning of a long downtrend.
A higher low comes in May 2022 followed by another one December 2022... Now, in 2023 HBARBTC breaks the downtrend that started in Sept. '21.
Just this week the weekly candle is moving above this downtrend line while the RSI turns bullish and prices move above EMA10.
With the higher lows in place the potential is set for a higher high on the mid- to long-term.
Short-term a nice bullish wave can happen, easy 100%.
If case of a negation/rejection, the last low at 0.00000215 satoshis can be used as a stop-loss.
We use manual stop-loss, that is one or two full candles closing below the desired level.
We do this in order to avoid being taken out by liquidity/stop-loss hunt moves.
Namaste.
✳️ Everything Grows Phase? Hedera Bullish Breakout (125%+)The same pattern... I mentioned yesterday many Altcoins vs Bitcoin pairs and how they were recovering, looking bullish.
I equated this with a Bitcoin correction.
So far we have no correction but Bitcoin has been going sideways.
When Bitcoin is sideways, the Altcoins grow.
While Bitcoin has not entered a correction these Altcoins vs Bitcoin pairs are ending their correction and now breaking bullish.
In fact, the Altcions vs Tether pairs also ended their correction mid-March and are now resuming growing...
So it seems the everything grows phase is more likely.
Remember we have 3 more weeks of all cosmic bodies (planets) going forward and the last chance for massive growth.
Wave 3 of a major 1-2-3-4-5 bullish impulse (based on Elliot Wave theory).
✔️ 2-4 are corrections (move against the main trend).
✔️ 1-3-5 are forward move, bullish continuation.
This move started in late December 2022 or January 2023... Ok, let's move on.
Here we can see Hedera (HBARBTC) corrected more than 100% of the previous wave and is ready for a new one.
Higher low or higher high is irrelevant by a few points, more relevant is what comes next.
I see growth easy ahead.
Namaste.
HBAR/USDT ( Congrats 26% down From our Entry )#HBAR/USDT Technical Analysis:-
As per my analysis of the HBAR/USDT chart, HBAR is currently trading at a support level of $0.058. However, it has experienced a significant drop of 26% from our previous level. I hope that you have saved money and earned profits.
Considering the global scenario, it does not seem favorable. Therefore, it is advisable to be prepared with your position and take short positions to secure your profits.
In my analysis, if HBAR manages to hold its current support level of $0.058, we might witness an upward rally. However, there is a possibility of another dump towards the $0.044 level.
If you plan to open a long position, it is recommended to set a stop-loss at $0.054. In the long term, HBAR seems bullish, so you can take advantage of every big dip to grab HBAR.
The support levels for HBAR/USDT are at $0.058 and $0.044, while the resistance levels are at $0.074 and $0.090.
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#HBAR/USDT Technical Analysis: Bullish Long-Term Outlook HBAR Technical Analysis: Bullish Long-Term Outlook Despite Short-Term Correction Expected:-
Based on the technical analysis, HBAR is currently trading at $0.072, representing a 100% gain from the recent bottom and a 170% increase from the previous low within the last two months. However, the chart indicates that $0.1 is a strong resistance level, and there is strong rejection from this level.
Furthermore, today marks the unlocking of 3 billion HBAR tokens, which could be perceived as negative news for current holders. There is a fear that those who have been holding these tokens for a long time may sell them in the market, resulting in a further decline in HBAR's price. Therefore, it is advisable to stay away from HBAR in the coming days.
As per the technical analysis, a 15-20% correction from the current level is expected, and HBAR may test the $0.05 level in the near future. However, in the long term, the outlook for HBAR is bullish, and it is recommended to accumulate it during significant dips.
The Fib retracement level shows that the 0.618 Fib retracement support is also at the $0.05 level, which implies that there could be a bounce from that point.
The upper side targets are considered to be the resistance levels, which are $0.1, $0.177, and $0.44. On the other hand, the support levels are $0.05 and $0.037.
If you appreciate my hard work and analysis, please like, share and comment. Kindly follow me for any latest updates. Thank you.
A break of static resistance is not yet confirmedWe saw that the resistance of the $0.080 to $0.085 range was broken. Importantly, resistance has been placed above this level in the $0.10 range, temporarily blocking HBAR price from further growth.
Therefore, the strong negative reaction that has been observed in the past few days can cause the price to enter the range trend this week.
The resistance support levels drawn on the chart can be considered reactive and important ranges, which can be used for short-term trades in case of the formation of return patterns in the low times.
Also, as long as the bottom of the channel is not broken, there is a potential for the trend to remain bullish in the 4-hour timeframe. A break of static resistance is not yet confirmed and requires daily candles to stabilize above this level.