Keep an eye on #HBAR/USDT Diagonal Trendline in Daily TF!CRYPTOCAP:HBAR needs to bounce from here to gain bullish momentum, Breakdown below this trendline is bearish.
HBARUSDT trade ideas
HBAR Possible Playout ChartThe price change of HBAR or Hedera is predicted to strengthen in the near future. Currently, its support area is at $0.0531, which serves as a retest of support since HBAR previously attempted to test the resistance at this price in June and successfully broke out in July as confirmation. The target for HBAR's price increase is at the $0.0592 level, which means there is a potential gain of 11.32%. To confirm a failed price increase, HBAR needs to break and close below the $0.05 area, which is both a psychological price level and its support area. #dyor (Do Your Own Research).
HBAR (Hedera Hashgraph) Coin Analysis 05/04/2021we had earlier analyzed and Purchased and Opened positions on this Coin:
Fundamentals:
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.
Unlike most other cryptocurrency platforms, Hedera Hashgraph isn’t built on top of a conventional blockchain. Instead, it introduces a completely novel type of distributed ledger technology known as a Hashgraph.
This technology allows it to improve upon many blockchain-based alternatives in several key areas, including speed, cost, and scalability. Hedera transactions have an average transaction fee of just $0.0001 USD and typically reach finality in under five seconds. Overall, Hedera Hashgraph claims it can handle more than 10,000 transactions per second (TPS) — compared to the around 5-20 for most popular proof-of-work (PoW)-based blockchains.
The platform offers several major network services. These include:
A token service that allows users to easily configure and mint both fungible and non-fungible tokens (NFTs) on Hedera with just a few lines of code.
A consensus service that acts as a layer of trust for any application or network that needs a secure, verifiable log of events.
Smart contract tools that let developers build powerful and efficient decentralized applications.
Decentralized file storage services with features include proof-of-deletion, controlled mutability, and time-based file expiry.
Hedera Hashgraph uses a novel consensus system known as Hashgraph consensus to keep its network secure.
This uses a rotating governing council consisting of up to 39 highly diversified organizations that span across up to 11 different industries. These are involved with directing the Hedera codebase, voting on platform decisions and operating the initial nodes on the Hedera public network.
Hedera uses a novel form of proof-of-stake (PoS) which allows HBAR users to stake their resources to help protect the network. Right now, all Hedera nodes are managed by either Hedera itself or the governing council members, but there are plans to switch to a permissionless system in the future.
\ Overall, Hedera's security setup ensures it achieves "asynchronous” Byzantine fault tolerance (ABFT) — meaning it can guarantee both the timing and order of a set of transactions, even if some data is delayed or lost.
Hedera Hashgraph has two founders: Dr. Leemon Baird and Mance Harmon.
Dr. Leemon Baird is credited as the investor of the hashgraph distributed consensus algorithm and currently works as Hedera's chief scientist.
Prior to founding Hedera Hashgraph, Baird accumulated more than a decade of experience in various computer science and security roles and previously worked as a senior research scientist at the Academy Center by Cyberspace Research. He also holds the position of co-founder and CTO at Swirlds Inc., a platform for building DApps.
On the other hand, Mance Harmon is Hedera’s CEO and an experienced technology executive and seasoned entrepreneur. Harmon has around two decades of experience holding executive roles at prominent firms — many of which are in the IT security industry. Like Dr. Leemon Baird, Mance Harmon also holds a second position at Swirlds Inc., as its co-founder and CEO.
In addition to the founders, the Hedera leadership team also comprises more than a dozen individuals, many of which have had distinguished careers.
The Hedera Hashgraph token, HBAR, has a maximum total supply of 50 billion units. Out of this, almost seven billion were in circulation as of January 2021 — equivalent to around 14% of the total supply.
Hedera publishes regular reports detailing when the next wave of HBAR tokens will be unlocked. These reports can be viewed here.
According to Hedera's resources, the two project founders each have a coin grant of two billion HBARs, equivalent to 4% of the total supply each. These tokens are vested over a six-year period.
Other senior executives at Hedera (that joined prior to 2018) have coin grants of between 250 million and 300 million coins. These tokens are vested over a period that ends in December 2021.
According to Hedera's Economics Whitepaper (published June 2020), around 17.03 billion HBAR is estimated to be in circulation by 2025 — equivalent to 34% of the total supply.
The live Hedera Hashgraph price today is $0.328376 USD with a 24-hour trading volume of $238,828,303 USD. Hedera Hashgraph is up 0.07% in the last 24 hours. The current CoinMarketCap ranking is #46, with a live market cap of $2,599,706,500 USD. It has a circulating supply of 7,916,866,045 HBAR coins and a max. supply of 50,000,000,000 HBAR coins.
The top exchanges for trading in Hedera Hashgraph are currently Binance, Huobi Global, Upbit, OKEx, and FTX.
Technical Analysis:
as you can see the MACD and Signal Line are showing some Tilt down and crossover, which is the sign of some price correcting though there exist a Mild Bearish Divergence.
by Fibonacci retracement we have defined some retracements levels which are the golden zone and a powerful Support area, which can show some good Support and price may bounce from them to the higher levels
we have defined 3 Targets using Fibonacci Projections of the Past Impulsive wave and presumed Maximum retracement and price correction of 61.8% Fibonacci retracements.
the 3 TP gets its confirmation as the price triggers the 2 TP followed by some price correction and reaccumulation
we are asumung the 3 TP to gets trigried less than and within 8 months time'
the dotted arrows are just to show the bias and process not an actual indication of price forecast
HBAR buy setup as long as btc remains in a range of 30-31k ALTS have a chance to take some move hbar moving in a falling wedge and is heading towards the resistance area here is my buy setup with a low risk high reward please make sure that you manage your risk properly according to the trade
HBAR BREAKOUT UPDATEHBAR Falling Wedge Breakout on Daily Timeframe
showing 2x spots potential for long term
HBARUSDT 3D#HBAR broke the Falling wedge and now is testing the resistance cluster(MA50 + MA100 + 0.236 Fibo). In case of breakout huge pump is coming. Let's see what will happen next :)
HBARUSDT Long/ShortAfter a Long Struggle, HBAR tried to breakout will acceptable Volume,
expected upward trend as per described at chart
This is just a view, DYOR and NAFA
ThankYou
HBAR BullishAs its obvious HBAR broken a long downtrend and created and invers head & shoulders pattern.
Supports and resistance is clear in the chart. Right now can be a good entry (0.049$ - 0.0515$).
Midterm targets cant be 0.07$ and 0.09$.
Hbar Building For Breakout Finally Hbar Building Up For Massive Breakout Formed Falling Wedge In 3 days tf Incase Of Successful Breakout Expecting 250%+ bullish Rally
#HBARUSDT #LQR #TOBTC #LaqiraProtocolThe price is below the daily resistance and we have dynamic support on the chart. If break, consolidation and matching with Bitcoin levels you can open positions from any direction. This analysis is not an offer to buy or sell
Hedera LONGChart in accumulation phase but creating some very bullish indicators now that a mark up could be close. Massive accumulation at the lows, breaking out on the weekly, indicators turning up
HBARUSDT shortBINANCE:HBARUSDT
BYBIT:BTCUSDT
MEXC:BTCUSDT
BINANCE:BTCUSDT
HBAR short from the last order block
1:12 Risk to reward
entry area: 0.04851 - 0.04834
SL: 0.04851
TP: 0.04630
To the moonHbar rocket has tanked and ready to pump, hbarbtc pair tho looks scary still, especially htf, but this is now
HEDERA | HBAR Potential 72%HEDERA | HBAR Potential 72%
| Targets On Chart
HBAR broken out of key price trendline and looking to potential retest - further short term downside expected so holding off on entry or setting up DCA buys might be best here. Although looking strong in a macro sense with a breakout and retest on the RVD trendline too
🔥 HBAR Multi Year Head & Shoulders: Waiting For The BearsHBAR seems to have formed a bearish Head & Shoulders pattern over the last couple of years. There's no confirmation of the pattern yet, so wait for that before drawing any conclusions.
HBAR is arguably one of the weaker alts at the moment, so wouldn't be surprised if it breaks bearish at some point in the future; patience is key.
In case of a bearish break out, I'd be looking at the yellow areas for potential targets. Will come back to this trade once we see more bearish price action.
HBAR: sleeping giantMy favorite buy zone is the BUY ZONE #2 because it correlates with the trend line.
A drop below the trend line is expected followed by the creation of support and then who knows where is the moon.
Is this financial advice? Who knows...
… May I have your attention, please?Will the real Slim Shady please stand up?
Just to entertain the thought
Sooo, HBAR has reached it's downward sloping trendline while at the same time being in a descending triangle formation (not that it would matter) (and also kinda below it already) (trap)
well anyways the volatily it squeezing and the momentum is currently favoring down action, which can slide to the bullish territory quite easily with a small pump.
If it would pump i wouldn't see it making a higher high, based on nothing. But making pump to the resistance would likely cause bearish divergence on RSI (getting way ahead of things)
which would lead to a correction back to current price levels, making possible small little higher low while at the same time a macro future higher low,
But the most important part of this analysis is noting that there is FVG down at the white horizontal box area, if its not visited before macro reversal,, should it mean that the baby would be filled as a next bear markets low,, that indeed would b quuuite nasty, (once again) singe alts seem to like these over exaggerated reversions "to the mean" (back to beginning) xD
Conclusion
w8 4 a break confirmed w volatility expansion
=VOLUME CONFIMERD BREAK
Trade Alert - Take Profit HBARNew level spotted providing significant resistance and causing me to pause and adjust my final target. Taking the rest of my profits here. This level comes all the way from Nov. of last year, so, there will be significant resistance. And with many of the altcoins still showing bear flags, I am not going to push my luck.
Congrats, to those who followed me on this trade!
Stew
HBARCRYPTOCAP:HBAR can do potential 2X
1. Potential Shark Pattern
2. About to break out from RSI resistance trendline
3. Bollinger band oversold condition
4. High Volume Bounce
Not a financial advise
LONG HBARBought hbar with 3x leverage. Very nice breakout attempt plus the falling wedge breakout possible
Trade Alert - Long Hedera HashgraphI know, I know. Very last post. The title of my video, “Now is not the time to be buying altcoins”. And I do stand by that statement for the most part. Because for the most part many of the larger cap alts (which is mainly what I trade in a bear market) do employ a variant of the PoS mechanism. And this is really what the SEC has been targeting at the moment, minus Ethereum for some unknown reason. Hedera is not a traditional blockchain and does not use either PoW or PoS. Hedera Hashgraph is a distributed ledger technology that aims to provide a secure, fast, and fair platform for decentralized applications. To accomplish this, Hedera Hashgraph employs a consensus algorithm called "hashgraph." This algorithm enables high transaction throughput by leveraging a directed acyclic graph (DAG) structure, where each transaction is represented as an event. These events are then asynchronously gossiped among network nodes, forming a shared history of all transactions. By utilizing a gossip protocol and virtual voting, hashgraph achieves consensus on the order and validity of transactions. Moreover, Hedera Hashgraph incorporates a governance model to ensure decentralization and fair decision-making. The technology offers potential benefits for applications requiring speed, security, and scalability, such as decentralized finance, supply chain management, and social networks.
Now, that I have touched a bit on the fundamentals in hopes of helping to justify my trade :-) let’s quickly look at the technicals.
Hedera has reached the end of a bullish descending wedge which also runs into some very solid support at .044. Should this break then, yes, we’ll probably drop down to that next level at .036. But odds are in our favor here that we go up instead. I’ll be shooting for that 200 day ma which, right now, sits at .058. My stop out will be right around .0415.
Let’s go!
Stew
Beautiful breakout for HBARWe have broken out of the pattern to the up side. After a small pull back you can enter a long position. However i already entered around the price of 0.042$
Good luck and DYOR
