HBARUSDT Showing Nice Bullish StructureSo this is an asset I don't believe I have talked about too much here. A close friend of mine had me look into this awhile back and I have been in it ever since. There are a few good things to look at, first we can start with the flagging pattern. Next we have a cup and handle. The targets here are .57 ( a level hit previously) and .75. I really like the overall structure of this asset and I'm sure it will do great things in the coming months. Thanks again everyone!
HBARUSDT trade ideas
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 Triple TriangleHBAR is breaking out of a 3rd symmetric triangle at the perfect time to catch the Nov-Dec Bull Run hype cycle. Conservatively reaching 0.75 at current growth rates... but if FOMO kicks in and announcements start coming out (apparently some NDA's are about to expire 25-28 Nov, it's pretty clear some countries are developing local stablecoins on Hedera and it'll be news soon, CoinBase will eventually have to explain why not... or list HBAR and we know some big Fortune 500 and Fortune 10 companies are interested in the Hashgraph)... things could get "face-meltingly" hot for the greenest, most used crypto currency on the planet. Oh... and the Town Hall meeting just go moved out to 30 Nov... and major announcements are known to happen shortly before them. Probably the very last couple of weeks left to pack your bag. EPIC pump incoming!!!
NFA. DYOR. I'm just an (optimistic) amateur trying his hand at technical analysis for entertainment purposes only.