HBAR Price Prediction As Bears Try To Shift The Momentum#HBAR Trading Price:- $0.077
According to the chart, HBAR is currently trading at a high resistance level of $0.77. Based on this, I expect to see a retracement from this level, which could potentially result in a 30% retracement from the red box resistance level.
In addition, there appears to be a strong inverse head and shoulder pattern forming on the weekly time frame, which is a bullish indicator for the long-term. However, it is important to note that this will only be valid if there is a breakout above the red neck line resistance area.
If the breakout is successful, the minimum target could potentially be a 128% increase, which would equate to around $0.2. However, it is important to exercise caution, as if the green box support is broken, there is the possibility of seeing another new low/bottom.
Key levels to keep an eye on include support at $0.055/$0.031 and resistance at $0.086/$0.2.
If you appreciate my analysis, please like and share it. Also, don't forget to follow me for more high-quality updates. Thank you.
Hbar
Keep Your Eyes on HBAR#HBAR appears to be heading towards a retest of its trendline in the next hour on the 1-hour timeframe, which could result in a potential bounce if everything goes as expected. However, it's important to keep an eye on the trendline as a break below it could signal a bearish trend.
A break of static resistance is not yet confirmedWe saw that the resistance of the $0.080 to $0.085 range was broken. Importantly, resistance has been placed above this level in the $0.10 range, temporarily blocking HBAR price from further growth.
Therefore, the strong negative reaction that has been observed in the past few days can cause the price to enter the range trend this week.
The resistance support levels drawn on the chart can be considered reactive and important ranges, which can be used for short-term trades in case of the formation of return patterns in the low times.
Also, as long as the bottom of the channel is not broken, there is a potential for the trend to remain bullish in the 4-hour timeframe. A break of static resistance is not yet confirmed and requires daily candles to stabilize above this level.
HBARUSDT IDEAHBARUSD HBARUSDT
✅ ✅ Risk warning, disclaimer: the above is a personal market judgment and analysis based on published information and historical chart data on The trading view,
And only some of these analyzes are my actual real trades.
I hope Traders consider I am Not responsible for your trades and investment decision.
HBAR finally on the moveQuick update - broke out of falling wedge recently, held above weekly support last night. Next up is likely 8 and then 9.7 cents. Doubting we'll see a re-test at top of wedge (but possible), if any re-test at this point, more likely the top of weekly support.
Meanwhile, the HBAR/BTC pairing just broke above previously weekly lows, and if it holds above 261 by close today, we should see it rise above weekly support next as well:
Long-term plan is still expanded flat correction:
But, I have a running theory that most of crypto wants to see double-top here, with some outliers - HBAR may be an outlier considering it never ran as much as other promising technologies during the last bull stage:
HBAR How we caught the easy 60% Move 🔥💸When everyone is getting bearish most altcoins were hitting the weekly demand zone,One of the most lucrative coins for our team to look at was the HBAR coin which it hit the weekly demand zone. So we entered positions both in spot and future"s and we are currently up by 60%.
There are many more coins that have hit the weekly demand zone and have run higher from the bottom.
Message us if you have any queries and follow for more charts updates.
The old hbar idea is linked below.
✴️ Hedera Hashgraph | 260% Potential (Name Your Altcoin #26 ✅) The altcoins market continues to heat up and we move to HBARUSDT (Hedera Hashgraph) next at the request of one of our followers.
This altcoin pair went bullish by mid-January and has been consolidating for the past two weeks, with high volume and a strong RSI.
This is telling us that the bulls are in full control of the chart, since these signals are available while HBARUSDT trades above EMA21 and EMA10.
The next target is set at 61% at $0.11111 followed by 261% at $0.25868.
These targets can be hit in the short to mid-term (1-3 months).
Namaste.
Corrective Fibonacci resistance levelIn the weekly timeframe, the resistance of the $0.077 range is considered as the corrective Fibonacci resistance level, which due to the negative reaction to this level, we expect to finally see a strong negative reaction from the $0.925 range resistance in the future.
$HBAR/#BTC [#Hedera]: Resistance_Breakout_ConfirmationWe've detected a Resistance Breakout and Confirmation on the $HBAR / $BTC chart. The price has broken above a key resistance level and has been confirmed by a strong candle, indicating a potential bullish trend. The next resistance key levels are at 0.00000311 | 0.0000033 | 0.00000368 and the major support zones are respectively at 0.00000273 | 0.00000254 | 0.00000216. We may consider entering a trade at the current price zone at 0.00000308 and targetting higher levels.
Technical Metrics :
Current price: 0.00000308
24H Volume: 38.5509 Ƀ
24H Price change: 5.119%
- Pivot Points - Levels :
Resistance: 0.00000311 | 0.0000033 | 0.00000368
Support: 0.00000273 | 0.00000254 | 0.00000216
Indicators recommandation :
Oscillators: NEUTRAL
Moving Averages: STRONG_BUY
Technical Indicators Summary : BUY
- In-depth HBARBTC technical analysis on > Tradingview TA page
Has not been able to cross this resistance yetHBAR had a range trend last week. Its price, which had hit the resistance of 0.070 to 0.073 dollars, has not been able to cross this resistance yet. Because the resistance of the roof of the main descending channel is also in this range. Therefore, the strong upward trend has been ranged by reducing demand and saving profits of some short-term buyers. Support in the $0.0583 range is evident on the chart, and the short-term trend is more likely to continue between these two levels.