Hbar
HBAR about to break out?HBAR, forming a triangular flag and seems to be consolidating for a breakout along with BTC.
Alts have been reacting rather very sensitive to BTC movements past 10 days, and while BTC rose 13% past 6 hours, HBAR rose 25%
When BTC is able to breakout to the upside, HBAR may have explosive movements to the upside.
Will we get new record highs with this altcoin at start of 2021? Seems bullish to me.
HBAR - heads up !Massive breakout today ! HBAR up 50% + on 385% average volume !!
This is what I was waiting for the last 3 weeks (reference to my last post).
HBAR has some really big partnerships ongoing - remember Google Cloud got involved 1 year ago ...
The currency is up 50% today but on a long term perspective you have still an excellent opportunity to get involved at a very cheap price !
Market Cap still 400 million - when this is all done it will be a multi billion asset !
HBAR / BTC - A Return to Bottom & Potential Double BottomHBAR's BTC pair has returned to bottom, just a few satoshis away from its all time low of 114-115. This is either an incredible buying opportunity, similar to ltc or eth in 2016-2017, or.. we break through our strongest resistance and head to new lows and price discovery.
The USD pair is not back to bottom and has been forming a giant W pattern. I'm expecting this to move within the next month give or take a week, RSI has been bottomed out for a long time now, and volume has been nonexistent. Even a small bump in volume can create a pretty insane move.
That said, a massive pump from BTC can utterly destroy the BTC pair here and still cause gains in USD, so be cautious.
The most BULLISH Chart in CRYPTO!This is just my thoughts on the most bullish chart in crypto. HBAR will probably be listed on coinbase and many other major exchanges once they complete their Rosetta Integration. The token has been asleep for now and anything under .04 is a great long term accumulation in my opinion. The targets posted in the chart are conservative and only represent the first impulse, HBAR can and will go much higher and I personally believe HBAR will a top 10 coin by the end of 2021. The token is unlike any other in the industry.
The targets listed top out at 45 cents USD per HBAR with BTC @ $30k
Looking at the broader crypto market, at the end of the cycle, I believe BTC will be down to 15% market dominance and top out around $80k USD (1.4T marketcap). Given those figures, I project the crypto market as a whole to be between 9 and 10 trillion USD. I believe ETH will hit 20k per coin and also top 2.4T market cap. When you remove the ETH and BTC marketcap from the total market cap, there's about 5T left over of marketcap spread among the rest of the coins. When you compare the remaining 8 coins in the top 10 to the rest of the market historically you'll notice that those coins consume about 81% of the remaining market cap. If I'm correct and there's roughly 5T of marketcap left over when you remove BTC and ETH, the remaining 8 coins should account for about $4T (80% of $5T). Even on the low end of the top 10, HBAR could have a marketcap well north of 300 billion USD. Given the amount of tokens that will be in circulation by then (roughly 9 billion), that would create a token price of HBAR north of $30 USD. From these prices, that would represent an 877 times return on your investment.
I realize this is sheer conjecture but, it IS in the realm of possibility. HBAR has the best partnerships in the community, better technology then any other crypto and the THE ONLY A-byzantine fault tolerant crypto on the market. There is a tremendous amount of development being done on HBAR too. Hedara currently ranks #2 for enterprise crypto projects by Blocknomy blocknomy.net and also rank as the 6th best project overall! Enterprise solutions are where the major adoption will take place, BTC is a store of value and ETH has scaling issues (both have flaws) HBAR seems to solve all of those issues and more.
Obviously this is only MY thoughts on the market and NOT financial advice, please do your own research.
Please take a moment and let me know your thoughts on the crypto market and where you see things going at the end of this cycle. How high do you think HBAR will get?
HBAR - a phantastic second chance opportunity !!I was lucky when I bought HBAR right at 31.12.2019, at around 1 cent !
One month later there was the announcement of Google Cloud partnership that made price skyrocket to 8 cents in a matter of days !!
In satoshi terms the price has come down to around 100 sats again,
Offering us a fantastic second chance entry point !!
Moreover there is a huge 1 year positive divergence between price (red line) and RSI (green line).
I have 0 doubt !
This is as a good deal as it can get !!
I am accumulating !
HBAR / BTC - Potential Double BottomThe HBAR / BTC pair has reached the (All Time Low) bottom and at the same level of exactly one year ago. Look left and you can see what happend then.
We can see here a potential double bottom on the daily candles.
Wait for a clear reversal to get into this trade.
On the 15 minutes lower timeframe we already see a reversal. The 20 EMA has crosses above the 50 SMA .
If The 20 EMA crosses above 50 SMA on the 1 hour candles we will see a clear start of a new uptrend for the HBAR BTC pair.
My targets for the long run when the 20 EMA crosses above the 50 SMA on the 1 hour candles:
.00000292 (.236 fib)
.00000401 (.382 fib)
.00000489 (.5 fib)
I will take 30% profit around every fib rule and buy it back when it retraces to a support level and makes a new reversal.
!!! Never loose a winning trade !!!
Sheers,