Hedera falling wedgeHbar has broken out of a falling wedge and is pinned right below the 50 day sma. Target is 0.26 still time to get in before it breaks the 50day sma and starts the bigger move up.
LongIn-depth trading ideas
Long
HBAR/USDC - Ready for Another Push to ResistanceHBAR has experienced a healthy pullback after a strong rally and is now showing signs of stabilizing. The white arrow indicates a potential bounce back towards the highlighted resistance zone.
Long
HBAR/USDC - Potential Pullback to SupportHBAR has seen a strong rally and is now showing signs of consolidation, with a potential pullback from its recent high.
Short
Hbar sellHi .
This looks like second leg of the double bottom. And on weekly is coming on most of the altcoins . Target 0.10 $ at the end of August. Bitcoin 91k.💲 Eth 1757💲
Short
HBAR/USD Technical Analysis: Bullish Signals EmergeTechnical Overview:
The HBAR/USD pair is exhibiting a confluence of bullish technical signals, suggesting a potential upward trend reversal.
6-Hour Chart: The pair is currently forming a bullish flag pattern. This pattern typically follows a strong upward move (the "flagpole") and then consolidates within a narrow range (the "flag"). A breakout above the upper trendline of the flag would signal a resumption of the upward trend.
Smaller Timeframes: On smaller timeframes, the emergence of a double bottom pattern further strengthens the bullish outlook. The double bottom pattern forms when the price dips twice to a similar low and then bounces back, indicating increasing buying pressure at lower price levels.
Combined Interpretation:
The combination of a bull flag on the 6-hour chart and a double bottom on smaller timeframes presents a compelling bullish scenario for HBAR/USD. This suggests that the price may be poised for a significant upward move.
Long