HBARUSDT.P trade ideas
HBAR/USDT: Get ready for recovery soon !---- Mid-term Analysis for the next coming 4 weeks to 3 months - Daily on Daily Chart (LOG)-------
HBAR/USDT: Get ready for recovery soon !
Context
The Global Crypto market leads by BTC and ETH is still evolving within a bearish market configuration. Like the others digital asset Hedera (HBAR) is suffering about negative global market situation, however the recent progress in term of technologie adoption (Graph, bridge, storage, stacking) offer today an opportunity to enter in the next phase of HBAR Recovery
Main ressources
Coin Market cap (Supply) => coinmarketcap.com
HBAR Stacking (44% APY) => hedera.staderlabs.com
HBAR Wallet (HASHPACK) => www.hashpack.app
HEDERA (Website) = > hedera.com
Market configuration
- Graphical Elements :
Graphical Resistance = 0,2580 & 0,57
Graphical Support = 0,0830
- Mathematical Indicators:
EMA ( Exp Moving averages) are capping the market at 0,1450 = Bearish
RSI indicator (below) is bouncing off but still below 50% - However it reached an extrem level like early 2020 = Pre Bullish signal
- Elliot & Harmonic Wave (Fibonacci):
Fibonacci Target c B has been already reached = 0,0730
Fibonacci support of the wave c B (max extension) = 0,0640
Fibonacci Bullish Target = 0,1450 and 0,2580
Fibonacci Bearish Target = 0,0440 and 0,0250
Conclusion
Prefered case => HBAR is now expecting to accumulate bullish momentum on current level as long as 0,0640 remains support to develop a significant recovery towards 0,1450 and 0,2580 !
Alternative case (ii) => In case of 0,0640 support breakout the rise will be invalidated opening 0,0440 support area
hbarlol none of the trendlines held on this crazy bear market trendline lines sometimes hold and sometimes not, we see multiple trendlines breaking down , right now we are sittinh at a possibly double bottom , chances are it moves up from here, crypto is showing signs of life as btc is holding the support area, be careful and sell if this sht loses the support
HBARUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for HBARUSDT
The price faced more decline when it lost its first support. Now it is moving on the second support line. We expect that when it reaches the resistance line, it will be supported. Then it will have more increase.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
🔥 HBAR Long-Term Bullish Channel BounceAround three months ago I made an analysis on HBAR and the reversal area which I was watching in order to play a big bounce.
As of now, we're just a couple percent from the support of the channel. I'm watching HBAR closely since a big green candle from there could easily signal a bigger overall move.
However, keep in mind that the market outlook is generally bearish. So wait for bullish overall confirmation before you decide to enter a trade.
HbarAfter losing 20 cents was expecting it to touch 16 cents but seems there is a weekly support just above 17 cents so it held well , crazy accumulation on the daily and Mf rising as the price goes down and think we will see a alts move up for now , unless a major disaster happens it looks a good entry point here
HBARUSDT - what is not written in books on tradingWork not according to a template, using non-book trend ones(observation showed that you need to work in the past and a chart to form in the future), as long as you are all clear on paper - the result will be the same. Deviate from the generally accepted rules, come up with something new (or rather, something that has already been invented, but a small number of people know about it) that's why it works👀
in the replay you can see my HBAR idea and notice how clearly I built the schedule and how clearly it works out in the future and crossing the finobbach levels, which I highlighted with arrows, always point to the exact bottom/high of the instrument🦾