HBAR / BTC - The Most Bullish & Ugliest Chart in Crypto
HBAR double bottomed towards the end of 2020 & beginning of 2021, and then made a fast and strong turn around. Now it has formed a very ugly but confirmed inverted Head and Shoulders pattern and is re-testing the neck line.
Target range is our most tested resistance level 492-517. So long as the entire market doesn't take a massive dump, I'm guessing we go at least this high, and should get back above 400 sats relatively soon, likely around 397-417 and then 437-477 where we'll sit for a while before heading up to test that resistance, with a good chance at breaking through and re-testing or even finding a new all-time high.
We need to break 367 and stay above it for the above to occur. We need to stay above 259 at this point preferably, definitely no lower than 232 for any extended period of time. It would be best if we remain above the neckline of the HSi, but I see that being unlikely in the current market that is trying to shake everyone out on either side.
Target range is our most tested resistance level 492-517. So long as the entire market doesn't take a massive dump, I'm guessing we go at least this high, and should get back above 400 sats relatively soon, likely around 397-417 and then 437-477 where we'll sit for a while before heading up to test that resistance, with a good chance at breaking through and re-testing or even finding a new all-time high.
We need to break 367 and stay above it for the above to occur. We need to stay above 259 at this point preferably, definitely no lower than 232 for any extended period of time. It would be best if we remain above the neckline of the HSi, but I see that being unlikely in the current market that is trying to shake everyone out on either side.
