HBARUSD 3 signs that point to a rallyHedera Hashgraph may be on Higher Lows since the December 04 sell-off, showing more promise compared to the market average, but remains under the selling pressure of the Lower Highs trend-line of the November High.
As this 1D chart shows, a very similar Lower Highs trend-line, has taken place during the previous HBARUSD correction in May - June - July 2021. The price however broke above the trend-line after a series of 3 events:
* 1st the 1D MA50 (blue trend-line) crossed below the 1D MA200 (orange trend-line) to form the Death Cross. Even though that's typically a bearish formation, it signaled a bottom on that last May - July correction.
* 2nd the RSI was on a Channel Down that also broke upwards.
* 3rd the Ichimoku Cloud rolled over (squeeze).
The price has currently fulfilled all the above parameters that kick-started the August - September rally. It remains to be seen if the Higher Lows trend-line can hold and push the price above the Lower Highs trend-line. What do you think?
--------------------------------------------------------------------------------------------------------
** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. **
--------------------------------------------------------------------------------------------------------
Hederahashgraph
HBARUSDT-LONGBased on technical factors there is a long position in HBARUSDT Hedera
HBARUSDT Hedera
Score 2️⃣
🔵Long Now or set on Key Level 0.2828
🟢Target 1 0.3190
🟢Target 2 0.3495
❌Stop loss 0.2670
#K_Level
Every signal has a score from 1 to 5, so accordingly adjust your risk for each signal. The signals with the score of 5 are the most probable ones.
Please support our activity with your likes and comments.
HBAR 4h/1h STRONG BULLISH DIVERGENCEHbar is looking good. Stochastic RSI is oversold. RSI is oversold and it show a good and strong bullish divergence.
Volume is coming in right not.
We’ll have an announcement in the first days of january. Some voices are saying it wil be walmart releasing the partnership with skux built on hedera (coupons).
We will never know but its sure that it will be a big one.
Here for you, as always, Crypto Soap!
HBAR / BTC - Successful Re-test of Weekly BreakoutBack in early -> mid September, HBAR broke out and tapped 1200 sats and then quickly corrected back to re-test it's weekly break-out trend. Bitcoin and most alts are doing the same on HTF charts, most on weekly while TOTAL crypto MC appears to be doing the same on monthly.
HBAR is among some of the first to react at this area, appearing strong and unable to reach its trend, only wicking down to this level and then a strong reaction pushing back upwards.
There was also the potential for a double top on the LTF, which brought us down to 492, but with the reaction mentioned above we failed our double top and got back above 567. At this point, if we stay above 567, we should see 720. Get and stay above 720 and our failed double top on the LTF has us heading back towards our previous ATH (prior to 1200) @ around 864 (target on the chart is 874).
If we can manage to get above 864 again and hold, we're likely to revisit our highs and potentially break above them.
Meanwhile, look out for a possible re-test of the area around 567 if we turn down momentarily. Again, if we stay above 567, HBAR should see continue moving up, above 720 a much stronger move starts becoming possible.
Hedera Hashgraph (HBAR) able to flip daily MA Ribbon?Hedera Hashgraph (HBAR) able to flip daily MA Ribbon?
The bounce of the RSI support seems quite strong - what do you think? 😎
Drop me a nice comment if you'd like me to analyze any other cryptocurrency or do another comparison.
*no financial advice
do your own research before investing
Is Hedera Hashgraph following the same cycles of HarmonyONE ?Hedera Hashgraph's chart seems to follow exactly the same trend as Harmony ONE .
The chart shows us an increase of around 1700% during a first bull run . This time followed by a retracement in the area just below 0.61 Fibonacci forming a symmetrical triangle .
This has led to a new breakout and a 230% increase the chart at this time appears to be following the previous pattern within a new symmetrical triangle as in the case of Harmony.
If it continues on this trajectory we could find ourselves facing a new bull run around March / April 2022.
If, on the other hand, the pattern breaks, then also in this case we can talk about a temporary bear market .
Note : The symmetrical triangle in both the former and the latter demonstrated a small upside breakout during the retracement, indicating strong bullish pressure.
🔥 HBAR Massive Channel: Bounce OpportunitySince early November, HBAR has seen a very strong down trend. HBAR has been bleeding for 4 consecutive weeks.
However, the long-term view on HBAR is still bullish in my opinion because HBAR is still trading in a bullish channel.
Therefore I'm looking at the channel's support area (yellow) for a potential bounce, just in case we're going to drop further in the coming weeks.
Happy trading!
Hbar/btc looks strong! The hbar/btc pairing looks so good right now. Its holding the most important support.
If btc has stopped his bleeding we are probably ready to have some altseason gains.
Also the btc’s dominance is looking extremely bearish and ready to break the april/may ATL.
Come on hbar!!
Here for you, as always, CryptoSoaP!
HBAR / BTC Weekly Parallels, Potential Targets, Dec Week 1 or 2Was playing around with a new idea for HBAR / BTC weekly chart here and decided to share:
HBAR has been in two different parallel channels on the weekly:
Red Parallel: started with our first move up, has weakened but still wicked to the top of the channel and hasn't yet broken below.
Purple Parallel: has held above our first move up, and has cleanly reached the top of the channel 3 times now, has yet to reach the bottom here (if it did that this week, it would be around 586 sats).
Assuming we stay at least within the purple channel, or even the red - potential targets for 3 weeks from now are drawn in white:
- Targets touching the red channel bottom, mid-point, and top are based on not dropping below the bottom of our red channel.
- Targets touching the purple channel bottom, mid-point, and top are based on not dropping below the bottom of our purple channel.
Invalidation of Idea:
Dropping and closing a weekly candle below both channels cancels this plan.
************************************************************************************************************************
Original / Related Ideas Based on a Long-term Double Bottom Pattern for HBAR are Linked Below
************************************************************************************************************************
Will HBAR establish new support?We have been making higher lows since 21 july's reversal, trendline measured from it is a very strong support. It bounced from it really well.
Now the 0.382 fibb extension is becoming the new support, in my opinion it will hold but we should wait for a confirmation. Eth is making new ATH's, DOT aswell and BNB is close to it. It is not a alt season but its a very good time for certain coins. I can easily see HBAR going for the ath again.
A bigger correction would be really healthy but from the technical site i dont think is gonna happen soon, of course its crypto so i would not be surprised ;)
Targets are 0.43 and 0.46 - but there is a possibility we will test the ATH.
Sorry for the chart cluster, didnt have time to have fun and change fibb colors :)
HBAR / BTC - Double Bottom Targets ChartHere's a weekly chart showing potential targets for HBAR / BTC after having double-bottomed.
*********************************
IMPORTANT NOTES
********************************
Before we can start using this chart, we first need to get and stay above 847-864 sats (0.236 fib and previous daily ATH before it was breached).
If we don't manage to do that, a triple bottom becomes possible - so keep that in mind.
Also, note that this is an OkEX exchange chart which has a different weekly candle schedule than most exchanges, so it will look different than Binance or Bittrex, for example.
Also, the listing day ATH on Binance was 3573 sats, so if we actually revisit that area, it may go higher than what is seen on here with the high @ 3294. I'm simply using this one because it was a fresh chart with no prior drawings.
********************************
**************
TARGETS
**************
This chart shows two different potential TP 1 and 2's for our double bottom, indicated by the two different colored sets of two arrows (white - more conservative, yellow - more aggressive).
Conservative TP 1 = 1437 sats and a range around that and the 0.382 fib around 1315. A safe TP 1 might be something in between, like 1367 for example.
Conservative TP 2 = 2130 sats and a range around that and the 0.618 fib around 2070. Instead, we could also use the mid-point of TP 2 as a safer TP 2 which would be around 1786 sats
Aggresive TP 1 = 1637 sats and a range between that, our 0.5 fib of 1692, and our conservative TP 2's midpoint @ 1786. So, 1637-1786.
Aggresive TP 2 = 2438 sats, or a range between that and the 0.786 fib @ 2609.
Finally, if we can get above all of these, it's possible we re-visit or even breach our listing day high @ 3294 (3573 on most exchanges). Get above 3573, we go into a new area of price discovery.
****************************
TRADING RANGES
****************************
I like to pair our pattern targets with fibs for confluence, but also for estimating potential trading ranges.
So, we could also use the purple boxes, as well as the black areas in between them, around our targets and fib levels as potential trading ranges.
HBAR: will the second time be the good one?A second attempt to break out from that zone within the white lines (R/S) has been happening for the last 2 days, this time, despite a retracement is possible (probably gonna test a support at 0.4243USDT) the pump seems overall healthier.
HBAR is a very good project and if you noticed he retraced less than others during BTC/market retracements. VLPR show a very high buy volume at the support I've indicated before and volume looks ok. On the daily timeframe BBW shows a good squeezing, meaning a move is about to happen. I'm bullish on this breakout.
If you aren't in you can either wait and buy some at 0.43USDT or just buy in and forget it because this is going to go up.
Good luck
XRP was poised Months Ago! Monthly tells the entire story...XRP has followed a very consistent pattern found on the monthly chart via it's rises, retraces and closes. It isn't hard to see. Note my previous linked vids I have done in the past. There is no sense in churning out vid after vid each week on XRP like all the Youtubers who need their click revenue. But then again, maybe you're trying to scalp or day trade it. Have at it - I'd rather Hodl!
HBAR USDT binance SPOTThis coin is one of my favorite. they have good project, a lot of great company in behind them. their project would be real work maybe in 2022. i don't expect to 1$ or 2$ but if you want to invest for 1 year. this coin would be great. just buy in dip or buy now, if they go down, don't worry average down in every week. because HBAR still cheap. :D
HBAR heating upLots of good news coming out this past month as Hedera has been accumulating.
It's been riding the bottom of the trend channel the past few weeks and I've been keeping an eye on it.
Volume started kicking in yesterday and it looks like we are making a nice bull flag now.
I'm expecting a rally back up to ATH over this month. From there who knows.