HBAR (ℏ) ;Hedera Hashgraph ANALYSIS HBAR (ℏ) ; Incredibly fast. Predictably low fees. Finality in seconds.
What Is🌟Hedera Hashgraph🌟?
Billed as the "trust layer of the internet," Hedera Hashgraph is a public network that allows individuals and businesses to create powerful decentralized applications (DApps).
It is designed to be a fairer, more efficient system that eliminates some of the limitations that older blockchain-based platforms face — such as slow performance and instability.
👉The HBAR token has a dual role within the Hedera public network:
First and foremost, HBAR the fuel that powers Hedera services, such as smart contracts, file storage and regular transactions.
Second, it's used to help secure the network, since HBAR users can stake their tokens to assist with maintaining the integrity of the platform.
coinmarketcap --hedera.com
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✅TECHNICAL ANALYSIS
As you can see in the Weekly time frame chart for HBAR /USDT, the price is trading around 0.21 $ .
Hedera is advancing in an uptrend channel And after reaching the middle of the channel, we saw a decrease in price. In the last two weeks, after reaching the first green support in the weekly timeframe, as well as its EMA of 50(yellow), it reacted and moved upwards. I do not see a possible downside power and hasn't important resistant until 0.44$ . However, if it falls, it could fall to around $ 0.13 by the next support, which is also close to the bottom of the bullish channel. where a good place to buy more and more.
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💥(Anyway, my constant suggestion to my dear community is to buy step by step ( in a few steps) , With considering risk management , Because this crazy market is very volatile than you have never seen in any other markets .)
💫(also Following security measures is vital in cryptocurrency trading. Always remember that $100 worth of a token may become a fortune someday. So treat every penny with respect.)
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👉This analysis is my personal opinionand you are responsible for your own trading or investment.💯
💜 if you're a fan of my analyses give a big thumbs 👍 OR drop a comment 🗯💭
🙏with Best Regards and being successful ❤️
Hbar
HBARUSDTHello to you all. Mars Signals team wishes you high profits at all times.
We are in a 4-hour time frame. As you can see, the price is approaching its support level. We can buy in that range and expect price support in that range. But in case of loss of specified support, we consider further decline.
Warning: This is just a suggestion to you and we do not guarantee profits.
Wish you luck!
HBAR / BTC - Alternate Idea: Triple Bottom Before new ATHRelated to the bearish scenario I spoke of in the idea below, where we head up from here to ~716 sats or so and then experience a bearish reversal, forming a head and shoulders that leads to a triple bottom (or a giant inverted head and shoulders on the all-time chart). Should that occur, it may look something along the lines of what's drawn on the chart above.
Here's a link to a more detailed post, that is bullish, but describes a bearish alternative:
HBAR / BTC - Repeating Pattern End of July UpdateOur repeating pattern on the daily is dragging out further than originally drawn, and as we all know - the longer we drag along while moving within a range (between the red and green boxes), the larger our eventual move becomes when the chart finally decides upon a direction.
I post multiple ideas*** and latch on to the ones I feel progress best. This is one of those that has progressed really well, though dragging out further - I'm anticipating a strong decision when it does decide.
***See previous updates about this under Related Ideas by scrolling to the very bottom of this page, including the original post suggesting a repeating pattern back on May 17th.***
So, let's talk about how we got here, and where we may be going - first zooming in on the 4H chart, and then a few looks at the weekly now and in the past:
4H chart & impressions:
At the end of the current pattern, following a diamond reversal, we see a head and shoulders. As shown on the 4H chart below, we broke below the neckline forming a bearish target of approx. 368 sats, but.. we failed to stay below the neckline.
Now we've broken back above the neck and have so far managed to stay above it. If this continues, it becomes a failed head and shoulders and and we have instead a bullish target of approx 716-728 sats (or higher).
4H Chart:
Weekly chart & impressions:
Our current 4 weekly candles look a lot like the last 4 that ended in a bullish move that closed around 710 sats and wicked above 820-830 sats, our most recent and highest high. (see more on this with each screenshot below)
Weekly Chart:
That 4th weekly candle ended high, but it began low, wicking down to test the bottom of our green box prior to moving up to make our high (this is a replay of the beginning of that weekly candle, from around May 10th):
Now we are seeing similar behavior from the current weekly candle, which began looking bearish and wicked down to the exact same area at the bottom of the green box:
Conclusions:
- One difference in the current pattern that appears to be repeating vs the previous smaller one, is that the smaller one wicked down to re-test the top of the triangle it originally broke out of, see green circles on main chart from this post. We haven't yet done that, which is why (despite being extremely bullish) I believe that it's still possible we move down to 386 sats. That said, we need to cross back below the neckline of the head and shoulders to get there. However, if this does occur, I think it makes the chart all the more bullish and more likely to break our ATH of 864 and get into price discovery.
- Should the above not occur, we have an interim bullish target of ~716-728 sats. This is bullish, but also puts us in a danger zone with the potential to form a giant head and shoulders pattern on the daily & weekly charts. To avoid this, we need a weekly candle to close above 710 - preferably, break 800 sats and then 864. If we wick up to 716-728 on the weekly but fail to stay there and close closer to mid-to-low 600s, we start to see the possible head and shoulders (however, even that could fail and make us bullish again).
- long-term bull: if we eventually break our ATH of 864 and then manage to cleanly get above 1000, I really like the area of 1350-1450 sats as stopping point while in price discovery.
- long-term bear: if we break down to 368 and don't turn back up quickly as I expect, instead falling further, I see the possibility of a triple bottom forming on the weekly chart (for it to become more bearish than that, we'd need something like a market crash to occur).
HBARUSDT price move to 0.5i think we will see a good move from hbar soon because :
in the 3day TF we see that are inside a long-term upward channel ,we had a good reaction in the middle of this channel.
in the short term`we also see a flag pattern` that if we get out of this pattern i see a target of 0.5 for hbar in mid-term.
the price may return to its downtrend line`but i think it is still bullish
HBAR / BTC - Failed Head/Shoulders Targets 728HBAR failed to complete a head and shoulders pattern (drawn from the 4H chart, this is the daily chart), and now gives us a bullish target of slightly above 728 sats. From here, we risk a larger head and shoulders pattern if we aren't able to reach 864 sats.
Previous HS idea linked below as well as a bullish take on USD pairing that is more in line with this.
4H Head and Shoulders:
HBAR break trendline resistance !!!My prediction HBAR will probably touch the first target at 0.22829 and the second target at 0.25603
Best areas to buy at Fibonacci 0.382 and 0.5, maybe a retest maybe not, maybe a fake breakout, we never know.
I just post my prediction
Always make your analysis before a trade
Not financial advice !!!
If you have any question say in the comments column
Stay safe !!!
Happy trade .....
HBAR / BTC - HS may lead to a re-test @ top of channelHBAR / BTC is repeating the same pattern as it did prior to moving up above 400-800+ sats area. Just like before, we've broken out of a channel (bull flag), and should be moving up but have been ranging between the red and green boxes. At the moment, however, we may be forming a head and shoulders pattern that could lead to a break down below our green box towards the lower green box at the top of our old channel.
Channel was drawn on daily chart, red diagonal line above it is to denote 4H highs of channel pointing in the same parallel direction. Chart above is 4H chart.
Last time, we did the exact same thing - we broke out of a channel (bull flag), and then began ranging, eventually dropping below the range and re-testing the top of the channel before moving back up into our range and eventually breaking out forming a new high.
I believe there's a good chance we may do this again. See chart for visual description of the above, see repeating pattern ideas linked below under Related Ideas.
NOTES about Strategy:
This post is presently listed as Short, but for short term only.
Long-term I am Long on HBAR, and if you are waiting for an HBAR long opportunity it is probably not the best idea to have a short strategy against it, because when it finally does move up, it may do so rather violently.
Daily Chart:
Original Repeating Pattern Chart:
HBAR / BTC - Repeating Pattern Update - Pattern Nearly CompleteAfter originally publishing in May, we've stuck to this pattern rather closely the entire time (see original posts linked in related ideas below). It appears it's almost time for us to choose our direction. Here's my take:
1.) Bull now - our high in the middle of the pattern made a bearish diamond reversal, and our min target is where we stopped, 2-3 times depending on which timeframe we look at, making a double (daily) or triple (4H) bottom. From here. we simply head up, break recent highs, and make a new ATH, which is looking to be the case here unless we have another strong rejection due to a BTC rise. Need to get above 645 sats to continue up.
2.) Bull later - if BTC rises and we fall hard against it - we sweep lows one last time before moving up, potentially making our lowest low prior, re-testing near the top of the triangle we broke out of (somewhere between 368 and 410 sats - 368 is a head and shoulders target if our current move up turns into a right shoulder, or even a double top), once BTC is around 50-53% (or even low 60s) in dominance, we finally go make our new ATH. Need to get below green box and red line (diamond reversal min target) to continue down this low.
Bearish alternative - we fail at making a new ATH and go back to bottom, making a triple bottom before moving up and making a new ATH. I doubt this is the case, but it is possible, for now I'm a bull on HBAR / BTC.
Original Chart from May 14:
Update on the above from around mid-June:
After A Year Hedera Hashgraph (HBAR) Has Formed Such Big GartleyPrevious Gartley produced more than 100%:
This time on the weekly time frame chart, the priceline of Hedera Hashgraph has formed a very big bullish Gartley pattern and we will discuss this pattern later in this article. Previously when the price action of HBAR formed a bullish Gartley on the 12-hour time frame then it surged more than 100% but this time it has formed on the weekly time frame.
SMAs and support and resistance levels:
On the daily time frame it can be also observed that the price action of Hedera Hashgraph is moving under the simple moving averages with the time period of 25, 50, 100 and 200. Therefore, there are a lot of resistance levels of the simple moving averages to be broken out. At the same time the price action is at a very strong key level support of 16 cents. Once the price action will be able to break out all the simple moving averages then it can reach to the final resistance that is 40 cents.
Previous and new down channels:
Previously the price action of HBAR coin was moving in a down channel. On 19 May 2021 the price action turned strong bearish and formed another down channel within the previous channel. This time the price action of HBAR cryptocurrency has found a resistance which is at the centre of the previous channel. After 19th May 20201 the priceline of Hedera Hashgraph is not able to break out this resistance of the new channel. At the moment the price line is trying to break out the resistance of the new down channel.
Big bullish Gartley:
Now on the weekly time frame chart, the price action has formed the final leg of the bullish Gartley pattern. There is also 50 simple moving average support in the buying zone.
As per the Fibonacci calculations of Gartley the buying and sell targets can be as:
Buy between: $0.1916 to $0.1198
Sell between: $0.2480 to $0.3836
The maximum extent of the buying zone $0.1198 can be used as stop loss. As per the above targets, this trade has a profit possibility of up to 220%, and the loss possibility is 38%, however, in order to minimize the loss,I would suggest using 50 simple moving average as stop loss.
HBAR formed a big bullish Gartley for upto 220% huge moveHi, dear friends, hope you are well and welcome to the new update on Hedera Hashgraph (HBAR) coin.
On the weekly time frame chart, the price action has formed the final leg of the bullish Gartley pattern. There is also 50 simple moving average support in the buying zone.
HBAR/USDT Holding Support LevelWith today's bloodbath in many cryptos, such as BTC and ETH, I was expecting HBAR to follow their lead and drop with them.
However, HBAR has held steady, and did not drop below a key support line that I have previously identified.
With the recent pickup in new accounts created, and with stronger network effects, I believe we could see an HBAR price well above $1 if the crypto bull market continues.
Of course, HBAR could rise in price even if other cryptos stay depressed, but a more positive outlook on the entire crypto market will help HBAR a lot as well.
Let me know what you think.
HBAR stuck in downtrend Hedera has been in a downtrend channel since mid march or so and we are struggling to make it out, now the channel may not be 100% accurate size wise because of the multiple tall wicks but another could argue there is a couple down channels within the larger one. We were getting fairly close to that bottom bollinger band which could of drop us to the bottom of the channel or even lower but it seems like we have found some footing, first of all we gotta break above the midline on the bollinger bands if we want to start to see a climb upwards. and also with the bands squeezing down on us we are in the coming days/weeks going to see a large scale move, no one knows exactly what direction it'll be in but the more the bands squeeze the bigger move we are going to see. on the Wave trend oscillator we have found some declining support and it looks like our current wave could be reversing on this support, getting ready for a next wave upward. we are just about at the buy zone so we have tons of room to make a big run upwards, one spot we will have to keep an eye on is this downwards resistance that could give us some struggle once we reach that point, if we do smash through this resistance we could be looking at a nice sized run that i believe would bring us up above the midline of the bb's and also even better probably to the top of the bands which could then induce another huge run upwards. remember though BTC is the market mover so that is always a big factor that could end up voiding this whole TA lol. Not financial advice just my opinion!
HBARUSDT Has Broken Above the Resistance, Still Can Go Higher
Welcome back Traders, Investors, and Community!
Hi Traders, HBARUSDT on H1 has broken above the Resistance and it has the potential to go higher to another major Resistance.
⬆️Buy now or Buy at 0.1658
⭕️SL @ 0.1563
✅TP1 @ 0.197
✅TP2 @ 0.220
✅TP3 @ 0.2448
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