… few words from person which is watching this market for over 5 years and looking for long term patterns based on fundamentals and utility not the promises of the founders.
I am not going to put any technical tools as they are useless when chart is couple of months old. Technicals are using in grown and harmonic markets.
In 2016 when I got interested in...
0.22$ zone is a reliable support zone that could generate a new rally up to 0.26$, 0.34$ or even 0.4$ zone in this June. But if HBAR loses this zone, the next support that we should pay attention to is 0.18$ zone
- Buy : 0.215-0.225$. SL if B
- Buy : 0.255-0.265$ if A. SL if B
- Sell : 0.255-0.265$. SL if A
- Sell : 0.335-0.345$. SL if A
- Sell :...
What Is Hedera Hashgraph (HBAR) ?
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...
4 days left of the week and HBAR is consolidating around around 20-22 C mark
Multiple hits on the top side of the flag prior to BTC / Elon mess
Should BTC calm down and alt market fires up again .... HBAR was ready for a massive breakout having been consolidating in a bullflag formation for over 112 Days !
Target 65-70 C
Our trend line has acted as a pivot for the last 3 moves, each time we found a bottom, twice, which ended near the trend line, and followed with a significant move up. Assuming this occurs again and we don't break below the trend line, we can expect a move to ~1000 sats, possibly as high as 1125.
Close below the trend line on the daily invalidates the trade. ...
Based on my previous ideas I'm patiently wanting for another solid drop of BTC. Hbar price in USD is 16c while I am writing. HBAR/BTC is holding 500 and it can stay like this for some time I assume. I would not be surprised when it would actually go above 600 and further.
I see potential for price to drop below 10c or maybe below 5c, which would be great...
HBAR has tested the top of its resistance area 4 times now, and as we know, the more times we test an area, the more likely we revisit and eventually break through. One thing of note is that our 4th test didn't have as much momentum behind it as did the previous 3. This could be seen as a sign its weakening, but I don't think that is the case here.
Hedera Hashgraph - Technical Analysis
Context: Hederra Hashgraph is clearly one of the best blockchain built until now.
With a gouvernance combining Google, IBM, Nomura, Standard Bank, Etc.....; and very low rate of energy used to run the network and revolutionary node integrating a KWC check and in the same time able to deliver high volume of transaction with...
HBARBTC has been consolidating in a falling wedge over the past 2 months, retracing nearly 36% from its prior rally (as of May 10).
This consolidation pattern corresponds to wave (iv) (corrective) of an 12345 impulse structure, so I expect HBAR to rally to new highs upon breaking out.
The On-balance volume and MACD DEMA are exibiting positive (bullish) divergence,...
May drag out further than shown above, but looks like we're gearing up to break through all-time high (top two yellow lines and area in between). Monthly + Local support is green rectangle, Local resistance is red one.
This was our 2nd major move up after double-bottoming on the all-time chart, we should expect a third and it should be one of the larger of...
The price is drowning a triangle lately.
Normally, we open positions when the price breaks that triangle. Doesn’t matter on which way we break it. But in cryptocurrency markets we cannot open short positions in bull market. Course of volatility and leverage hunter whales.
Remember we are still riding on a bull.
Hedera is a family member of Ripple as I remember....
HBar has a great use case and it's evolution ad results are very promissing.
It's been trading a wide fib. zone and as many other projects, is growing alongside BTC and ETH.
We need to follow price action to confirm it's detachment from btc volatility.
Please, any feedback is welcome!
NOT A FINANCIAL ADVISE, DYODD.
IMO. The upside is far greater than the downside here. Keep accumulating and watch for this potential inverse head and shoulders on the 4 hour!
Do your own research and this is not financial advice. :)
Good luck y’all!