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.
Hederahashgraph
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
We will have more FREE forecasts in TradingView soon
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Have a Profitable Day
HBAR / USD - On Balance Volume Rising Since March.. Last.. YearOn balance volume for HBAR / USD (as well as the BTC pairing) have been rising steadily since March of 2020, when it dipped momentarily following the insane Google news rally.
What do we know about OBV? OBV rising as price falls or remains flat indicates price will eventually rise. We can see that it did exactly that proceeding the Google rally, as price corrected while OBV rose. The end result was a 1300% increase in price in approx 120 days, 1000% of it within 90 days.
Here we are again, a prolonged correction following the last rally, and on-balance volume has continued to increase.
I'm expecting a promising future for Hedera Hashgraph, as compared with Chainlink and early Litecoin, both of which I've done chart comparisons with for HBAR that have so far turned out to show incredible similarities.
See links below to previous related USD and BTC pairing charts, as well as some of my older comparisons with the other two alts that experienced extended growth in the past.
Hedera Hashgraph (HBAR) - July 4Hello?
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(HBARUSD 1W Chart)
If the price holds above the 0.08464062 point, we expect the uptrend to continue.
(1D chart)
If it rises to the 0.20581091-0.27105746 section, it is expected to turn into an uptrend.
If it goes down, you should check to see if it finds support at the 0.16519911 point.
If it falls in the range of 0.10794109-0.14056436, there is a possibility of entering the mid- to long-term investment area, so careful trading is required.
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(HBARBTC 1W chart)
If the price is maintained above the 864 Satoshi point, it is expected to create a new wave.
If the price is maintained above the 320 Satoshi-398 Satoshi range, it is expected to maintain an upward trend.
(1D chart)
If the 514 Satoshi-566 Satoshi section is supported and rises, it is expected to maintain the uptrend.
If it falls from the 514 Satoshi point, Stop Loss is required to preserve profit and loss.
However, in the 320 Satoshi-398 Satoshi section, it is supported and can rise, so countermeasures are required.
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We recommend that you trade with your average unit price.
This is because, if the price is below your average unit price, whether it is in an uptrend or in a downtrend, there is a high possibility that you will not be able to get a big profit due to the psychological burden.
The center of all trading starts with the average unit price at which you start trading.
If you ignore this, you may be trading in the wrong direction.
Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to regenerate themselves.
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** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** See support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
Explanation of abbreviations displayed in the chart
R: A point or section of resistance that requires a response to preserve profits.
S-L: Stop Loss point or section
S: A point or section where you can buy to make a profit as a support point or section.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they are not traded 24 hours a day.
G1 : Closing price when closed
G2: Opening price
(Example) Gap (G1-G2)
Hbar update 002…I am aware about my writing skills but I prioritise here information rather than oratory..
... current south movement is nothing else like correlation of the coin with rest of the market. While all the other ones are losing vs BTC for some reason Hbar is defending 500. I'm looking at correlation with ADA NANO and WAVES. All three of them are depreciate vs BTC much faster than the Hbar do which could bring the value lower. The market cap of Hedera now I am writing is 1.47 bln. I suspect for price of BTC to be slashed by another 50% and hopefully the Hbar vs BTC will drop to 250(the rectangle on the bottom of the chart possible demand area). If somehow this scenario will be fulfilled the market cap should be 4 times lower which gives a lot of space for further grow and possible solid profit. There are loads of talk about Hashgraph I think I saw somewhere that it reached 2bln transactions and it is involved in creating the digital fiat currency/ies.
...I am not sure if I mentioned it before if so, I would repeat myself. Currently cybersecurity is growing market same as AI nanotechnology and quantum computing and if by any chance, there will be some security issues (hacking etc) with BTC or other cryptos. Hbar will have its time to proof its usability. There is nothing in this world which is stable and can not be broken whatever ppl believe or the creator will say. It may sound like betting on the black swan but if U think about it BTC is a black swan on its own. The book written by Nassim Nicholas Taleb – The black swan is very good book about it.
If U will consider boom of BTC and crypto itself as The black swan U can as well expect that BTC will show some kind of security vulnerable which are not visible at current time. Information like this would most likely shake the crypto.
Any type of activity investing building farming etc is governed by the same rule. People will always move towards the most profitable most practical and safe environment they can afford. The moment when something which is stable and future proof will show some signs of weakness it will be natural for ppl to look for alternative. Also, the small thought of mine not every good idea will be applied to the market sometimes is the worst one like choice of VHS for video recording or electric cars. The moment any project is heavy funded by government it is most likely to thrive in near future.
If U believe in the project and see it as future do not have negative emotions when the price will go lower. I see it as the gift because I think if this will explode there will not be another opportunity to enter with potential of tenfold or more in profit...
Hbar update 001...this place I market with the Hbar/BTC value is the place where someone bought it for 10 mln Hbar after announcement about Hbar is being involved in digital fiat currencies.
apparently this place is holding nicely and it is pushing value of Hbar vs BTC is going up in very nice fashion
Hbar possible another entry when BTC will drop to 16k
Based on my previous ideas I'm patiently wanting for another solid drop of BTC. Hbar price in USD is 16c while I am writing. HBAR/BTC is holding 500 and it can stay like this for some time I assume. I would not be surprised when it would actually go above 600 and further.
I see potential for price to drop below 10c or maybe below 5c, which would be great opportunity to go long here.
Last week USD got stronger DJI went down and didn't breach 35k number.
Stronger dollar DJI going south is good indication that BTC price will go down soon.
HBAR / BTC - Ready for the Next Move UpOur trend line has acted as a pivot for the last 3 moves, each time we found a bottom, twice, which ended near the trend line, and followed with a significant move up. Assuming this occurs again and we don't break below the trend line, we can expect a move to ~1000 sats, possibly as high as 1125.
Close below the trend line on the daily invalidates the trade. Possible outcomes of a break below the trend line are:
- repeating pattern idea:
- triple bottom vs. btc (or a giant HSi may form)
Chart from this post is Heiken Ashi daily chart, levels were drawn using multiple time-frames, main trend line is drawn from daily candlestick. Targets are chosen via double bottom projection and fibs.
2 Hour Candlestick Chart zoomed in:
Daily Candlestick Chart, also zoomed in:
Hedera finally the real blockchain for real world… few words from person which is watching this market for over 5 years and looking for long term patterns based on fundamentals and utility not the promises of the founders.
I am not going to put any technical tools as they are useless when chart is couple of months old. Technicals are using in grown and harmonic markets.
In 2016 when I got interested in blockchain related topics I found that Ethereum real feature which can be used in near future. There were many ppl teachings how to program smart contracts it really looked like future of payment, electric cars’ payments electric bills etc.
All governed by blockchain which should work perfectly.
There were many projects like ETH lottery etc.
We have mid of 2021 and nothing like this happen. There is a plenty of promises made but nothing really happened. There is no popular eth lottery as far as I am concerned. Eth in current stage is too expensive and slow. I heard rumour that Visa will be using eth blockchain.
Waiting few hours for transaction to went through the network and see like 10% charge for payment is scenario I would expect in current stage of development.
…Friend is telling me from time to time about new crypto coins and it was some time ago he mentioned Hbar. Most of the coins he mentioned never got my interests but this one is a totally different story.
The conclusion I made was that it is quite possible that are witnessing time loop or back in time scenario.
What I mean by Time loop:
Hedera with its possibilities (fast the best security possible and normal price for transaction) sounds very promising like ETH in 2016 but with difference in terms of technology and blockchain awareness.
Like most projects it is backed up by big companies/corporations. When you scroll the list of them you will notice serious companies which to me are in the top in terms of future technologies. These are IBM Google and Boeing.
For time being the coin is on the market for couple of months and it should take 2 years and half to see couple of hundreds spike in value if we will witness same scenario as ETH price surge.
In my opinion it will be 1 year to see some serious movement, also I am looking at Hbar not as the coin to make transactions but rather different form of stocks and the price of Hbar will represent the company itself.
There is no way for me to know the future and current time, but at the same time it is rare to see investing opportunity with such enormous possibility to take big market share.
Scenario here may look like Amazon in 2001 which survived dot com bubble implemented cloud computing and well 20 years later, it is on the top of the market globally.
The founder of the Hedera mentioned in one of his presentation at least once that real project will proof its value when crisis strikes.
I see it as long-term investment and with current market scenario I would slowly buy while price will be going down. It is highly probable that this coin will go up and when it will be in news and forums under the same old phrase
…If you would invest in hedera in 2021 you would be millionaire by now.
🆓Hedera Hashgraph (HBAR) June-7 #HBAR $HBAR0.22$ zone is a reliable support zone that could generate a new rally up to 0.26$, 0.34$ or even 0.4$ zone in this June. But if HBAR loses this zone, the next support that we should pay attention to is 0.18$ zone
📈BUY
- Buy : 0.215-0.225$. SL if B
- Buy : 0.255-0.265$ if A. SL if B
📉SELL
- Sell : 0.255-0.265$. SL if A
- Sell : 0.335-0.345$. SL if A
- Sell : 0.39-0.41$. SL if A
♻️BACK-UP
- Sell : 0.215-0.225$ if B. SL if A
- Buy : 0.175-0.185$. SL if B
❓Details
🕯Timeframe : 1 Day
📈Red Arrow : Main Direction as BUY and SELL section
📉Blue Arrow : Back-Up Direction as BACK-UP section
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
🅰️A : The Close price of candlestick is Above the zone
🅱️B : The Close price of candlestick is Below the zone
LONG HBAR/USDTWhat Is Hedera Hashgraph (HBAR) ?
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.
It was funded through an initial coin offering (ICO) in August 2018 and first launched open access to its mainnet just over a year later in September 2019. As part of the ICO, investors were able to purchase the platform’s native utility token (HBAR) at the lowest possible pricing.
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.
HBAR / USD - Should Make a 5th Breakout Attempt SoonHBAR has tested the top of its resistance area 4 times now, and as we know, the more times we test an area, the more likely we revisit and eventually break through. One thing of note is that our 4th test didn't have as much momentum behind it as did the previous 3. This could be seen as a sign its weakening, but I don't think that is the case here.
Instead, we've dropped down again to really bang on support for our 3rd test of support, one of which wicked down lower than we have before, but hasn't been able to break through.
I think the current situation we're in now will provide the momentum needed for a 5th and final test that leads to our long-awaited break out.
Hedera HashGraph => The Best Blockchain ! - Huge rise expected !Hedera Hashgraph - Technical Analysis
Context: Hederra Hashgraph is clearly one of the best blockchain built until now.
With a gouvernance combining Google, IBM, Nomura, Standard Bank, Etc.....; and very low rate of energy used to run the network and revolutionary node integrating a KWC check and in the same time able to deliver high volume of transaction with high speed rate.... The massive adoption is soon.
Also Hedera is really focus on its DLT compliance and will provide a network which stick to the inquiries of all regulator (US included).
Tactical Horizon (1 to 3 weeks)
As long as 0,23/0,30 remains support a direct rise towards 0,90 before 2,10 is expected.
Key Element
MM 55 & 144 are support
RSI is on Key support above 42
ELLIOT WAVE : (not included on chart) however there is a clear Wave III in progress with significant potential.
Conviction => Strong view
HBAR Breakout ImminentHBARBTC has been consolidating in a falling wedge over the past 2 months, retracing nearly 36% from its prior rally (as of May 10).
This consolidation pattern corresponds to wave (iv) (corrective) of an 12345 impulse structure, so I expect HBAR to rally to new highs upon breaking out.
The On-balance volume and MACD DEMA are exibiting positive (bullish) divergence, while the RSI is exibiting hidden divergence.
Furthermore, the Stochastic and Sotchastic RSI are oversold and about to cross bullish. The last time this happened, HBAR rallied nearly 30% over the span of 7 days.
HBAR / BTC - Beautiful Bull Flag FormationMay drag out further than shown above, but looks like we're gearing up to break through all-time high (top two yellow lines and area in between). Monthly + Local support is green rectangle, Local resistance is red one.
This was our 2nd major move up after double-bottoming on the all-time chart, we should expect a third and it should be one of the larger of the moves. A break below monthly support invalidates this idea.
Hedera HashgraphThe price is drowning a triangle lately.
Normally, we open positions when the price breaks that triangle. Doesn’t matter on which way we break it. But in cryptocurrency markets we cannot open short positions in bull market. Course of volatility and leverage hunter whales.
Remember we are still riding on a bull.
Hedera is a family member of Ripple as I remember.
You can always look on CoinMarketCap’s profile.
Their website : hedera.com