HBAR/USDC - Ready for Another Push to ResistanceHBAR has experienced a healthy pullback after a strong rally and is now showing signs of stabilizing. The white arrow indicates a potential bounce back towards the highlighted resistance zone.
Market insights
HBAR/USDC - Potential Pullback to SupportHBAR has seen a strong rally and is now showing signs of consolidation, with a potential pullback from its recent high.
Hbar sellHi .
This looks like second leg of the double bottom. And on weekly is coming on most of the altcoins . Target 0.10 $ at the end of August. Bitcoin 91k.💲 Eth 1757💲
HBAR/USD Technical Analysis: Bullish Signals EmergeTechnical Overview:
The HBAR/USD pair is exhibiting a confluence of bullish technical signals, suggesting a potential upward trend reversal.
6-Hour Chart: The pair is currently forming a bullish flag pattern. This pattern typically follows a strong upward move (the "flagpole") and then consolidates within a narrow range (the "flag"). A breakout above the upper trendline of the flag would signal a resumption of the upward trend.
Smaller Timeframes: On smaller timeframes, the emergence of a double bottom pattern further strengthens the bullish outlook. The double bottom pattern forms when the price dips twice to a similar low and then bounces back, indicating increasing buying pressure at lower price levels.
Combined Interpretation:
The combination of a bull flag on the 6-hour chart and a double bottom on smaller timeframes presents a compelling bullish scenario for HBAR/USD. This suggests that the price may be poised for a significant upward move.
