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HBAR/USDT : HBAR is moving into a descending channel BINANCE:HBARUSDT Hello everyone 😃 HBAR had a retest on descending channel's bottom. ( It seems that HBAR had a pullback from it's major support line ) Also there was a support line which is formed from last bounces below current level. We expect a retest on channel's top; But there will be some barriers to break ! There are 2 resistance zone, One of them is above of current level. And other is at channel's top; If HBAR tries to break resistance and take hold above it, Then it will probably go for higher ATH. 📌 Have to mention that MACD is being bullish and it will confirms the continuation of upward movement. By the way if channel's top reject HBAR to break; Then we would see a bull flag formation in higher timeframes... Attention: this isn't financial advice we are just trying to help people on their own vision. Have a good day! @Helical_Trades
Long
by Helical_Trades
21
Interesting ProjectHbar has broken out of a long time channel and is using the upper channel as support before breaking higher. This project is unlike any other crypto that I've seen in the market. Shinhan Bank, the largest bank in South Korea has joined the governing council of Hedera along with LG Electronics , the two companies reported a successful test of a CBDC trial using Hyperleger Fabric with a plug-in from Hedera's HCS. Hyperledger Fabric is designed by IBM who is also a governing council member on Hedera. Furthermore,In January of 2021, Shinhan invested in Korea Digital Asset Custody (KDAC), an industry consortium of businesses that provide digital-asset custody service. Assets can be tokenized on Hedera's Token Service. Officials at Shinhan Bank commented. “Hedera’s public distributed ledger, in particular, is uniquely suited to meet the needs of a widely-used fintech service that must be fast, fair, secure, and enable the controls and visibility required by service providers. We are excited to join the Hedera Governing Council to continue to work with leading global organisations in diverse industries on solutions that will underpin the next generation of finance.”
by JavaLongston
Interesting PerspectiveHbar has broken out of a long time channel and is using the upper channel as support before breaking higher. This project is unlike any other crypto that I've seen in the market. Shinhan Bank, the largest bank in South Korea has joined the governing council of Hedera along with LG Electronics, the two companies reported a successful test of a CBDC trial using Hyperleger Fabric with a plug-in from Hedera's HCS. Hyperledger Fabric is designed by IBM who is also a governing council member on Hedera. Furthermore,In January of 2021, Shinhan invested in Korea Digital Asset Custody (KDAC), an industry consortium of businesses that provide digital-asset custody service. Assets can be tokenized on Hedera's Token Service. Officials at Shinhan Bank commented. “Hedera’s public distributed ledger, in particular, is uniquely suited to meet the needs of a widely-used fintech service that must be fast, fair, secure, and enable the controls and visibility required by service providers. We are excited to join the Hedera Governing Council to continue to work with leading global organisations in diverse industries on solutions that will underpin the next generation of finance.”
BINANCE:HBARUSDLong
by JavaLongston
HEDERA heading for the ascent. Very interesting project!Technical analysis regarding the price of HEDERA HASHGRAPH in relation of dollar Tether for the next scenarios, based on daily movement. disclaimer *** In accordance with CVM Instruction No. 598, of May 3, 2018, Art. 21, I declare that the recommendations of this analysis reflect solely and exclusively my personal opinions and perceptions and that they were prepared independently and autonomously. Not being considered a purchase and/or sale recommendation. *** Any questions do not hesitate to contact me. I'm happy to be able to help you in the best way I can. 🙏
Long
by luizhcruz
HBAR About To Join The Alt Party!It's that time again for Hashgraph to start climbing the CMC ranks with a move to $0.69 If you are planning on grabbing more Hbars; doing so before Sunday night may not be a bad idea, as I expect price to move up in a big way next week. It has broken out on the daily and is currently consolidating along with building strength for a price explosion. Should be a fun week for you Hbarbarians out there. Remember this is only my formed analysis outlook. This is not an endorsement or recommendation to buy or sell.
BINANCE:HBARUSDLong
by CryptoDude79
3
HBAR / BTC - 1000+ Sats in Sight NextQuick bullish idea for HBAR / BTC. I actually found this old chart in my list and hadn't checked it in weeks, everything was already drawn as-is except for the orange target line, and it was missing the fibs. If we continue to follow this channel and have a repeat of the previous move, we should see over 1000 sats relatively quickly when it starts to move again. Note that volume has been rather low after the big move, yet it has still made significant gains and losses after hitting the previous high 29 days ago and then moving somewhat "sideways" since. If significant volume returns with an upward move, we could easily see another fast and strong move like the last one.
Long
by dudebruhwhoa
HBAR - Bulls are breaking out of the triangleWe have some big opportunities on HBAR so lets not sleep on them. 50 cents as a target in these current market conditions is a piece of cake. And that piece of cake is about a 30% gain from the current price. A large green candle broke the mirror level of the tringle to the upside - this is the start of the rally. We can see the growth in bullish momentum on the MACD graph below - lets pray this kind of momentum sustains. Volume and price are moving in the same upwards direction - adding some nice confirmation to the strength of the upcoming move. I'm expecting for some resistance at the current price ceiling (and current ATH). Once this level is broken it will be retested - this is when the price ceiling becomes the new price floor and when we can get ready for the main money making moves.
Long
by Kseniya_Kopyl