HBAR/USDT Bulls Set Sights on Breakthrough? 👀 🚀 HBAR💎 Paradisers, an exciting opportunity is emerging with HBARUSDT. The asset is currently attempting to break through a significant supply level, suggesting a strong likelihood of a bullish trend upon a successful breakout.
💎HBAR has shown a pattern of ascending after breaking through supply levels. Recently, it has made a second attempt to surpass the supply level at 0.0641. If HBAR successfully breaches this level, we can anticipate a bullish trajectory towards a higher supply level.
💎 Notably, HederaHashgraph is maintaining robust momentum above the EMA100, which bolsters the bullish outlook. This scenario requires a nuanced understanding of the dynamics between probabilities and mathematics, offering investors a clear view of the potential risks and rewards.
💎 Alternatively, if HBAR fails to overcome the robust supply level, we might see a bullish continuation from the lower demand level at .0549. However, a break below this demand level could lead to a significant downward movement towards the next support level.
💎 This analysis underscores the importance of monitoring price action around these pivotal levels for strategic trading decisions.
Hederahashgraph
HBAR/USDT Break the descending pattern. Bullish Momentum ??💎 HBAR has undeniably garnered significant attention in the market. Currently, it has broken out of the descending channel pattern and is in the retesting phase at the resistance trendline of the descending channel.
💎 A bounce from this trendline is necessary to sustain the upward movement towards the next resistance area. If successful in breaking the resistance at $0.077, there is a potential for HBAR to continue its upward trajectory, reaching our target supply area.
💎 However, if HBAR fails to bounce from the resistance trendline or makes a false break, there is a possibility of retracement to the demand area at $0.0575. In such a scenario, HBAR needs to reclaim or break the pattern again; failure to do so could result in a breakdown below the demand, leading to a downward movement back to the strong demand area.
HBAR is close to bottoming.I think we'll see HBAR bottom out at the bottom trend line of the descending wedge pattern around the .0445 level. After this we will ascend to the top trend line hitting it somewhere around mid to the end of December. If HBAR price can break the upper wedge then hold on tight!
Bull | Bear Daily TargetsQuick and simple chart showing shorter term targets for the HBAR daily chart, bull and bear, with support and resistance.
I think there's a good chance at this point that we hit the area within the green box, likely on the dot on the top and bottom, prior to moving up.
However, there's still a possibility that we reclaim the uptrend recently lost, after having made a double bottom at 4.65 cents. Should that occur, then we head up much sooner.
Either way, when we head up, the resistance area will begin and end at the first two bull targets, or the bottom and top of the red box.
It is crucial that HBAR get above ~11.6 cents to see a stronger move, and it will again begin to face resistance around 15-17 cents before getting a chance to move up near its old bull market highs.
Just the same, it really needs to hold ~3.46 cents, or we could see a stronger move down below 3 cents.
HBAR/USDT bullish MOVE!! 👀 Hedera Hashgraph Today Analysis💎 HBARUSDT is primed for a bullish trajectory, as it's maintaining a strong hold above the EMA 21, setting a bullish tone.
💎 Another factor bolstering the bullish outlook is the presence of a Demand Zone, which is expected to further fuel the upward move. Above this demand zone, we have a Bullish OB confirmed on a smaller timeframe, and the price is expected to retest this level.
💎 At the supply zone, there's an unmitigated OB. The price could potentially rise all the way up to mitigate this level before deciding on the next move.
💎 However, if the price enters the invalidation zone and breaks below it, we could see a downward move.
💎In the dynamic world of crypto, staying informed and adaptable is key. Stay tuned for more updates and enjoy your trading journey
HBAR/USDT Continue to Bullish Movement ?? Hedera HashHello Paradisers, One to Keep on Your Radar!
💎 HBAR continues to exhibit an upward trajectory, maintaining its position above the bullish trendline, which is a positive indicator.
💎Currently, HBAR is undergoing a retest in the demand zone, with the likelihood of resuming its ascent to challenge the resistance of the triangle pattern. Given the current market conditions, there's a good chance HBAR could break through this pattern to establish a new higher high.
💎The bullish outlook would be invalidated if HBAR closes below the resistance trendline and the green line.
🪜CLIMB THE LADDER OF HEAVEN WITH HBAR 🪜HBAR is looking to move to .06329 USD for a new local high
There are some importan Fib levels in this area from the trip down
It look like some trend lines that were holding us down have also been peirced
HABR is Jacobs Ladder
The Hash is THE Ladder
Use your Hedera and Have the Heavens
🪜CLIMB THE LADDER OF HEAVEN WITH HBAR 🪜
HBAR: Rising Wedge BreakoutHedera Hashgraph (HBAR) technical analysis:
Trade setup : Breakout from a Rising Wedge pattern and in an Uptrend. Notably higher volumes on up days recently, which is also positive. Upside to $0.08 resistance or even $0.10.
Trend : Uptrend on Short- and Medium-Term basis and Neutral on Long-Term basis.
Momentum is Bullish (MACD Line is above MACD Signal Line and RSI is above 55).
Support and Resistance : Nearest Support Zone is $0.050 (previous resistance), then $0.035. The nearest Resistance Zone is $0.060, which it broke, then $0.080 and $0.100.
The Liquidity Lever: How #HBARUSDT Could Utilize Buying Area💎 Let's take a closer look at #HBARUSDT, which has been on a steady climb within a wedge pattern over the last two months. In early August, the price found support at the significant psychological level of $0.05. This level coincides with the mid-term demand zone and also aligns with the 200 Simple Moving Average, reinforcing $0.05 as a crucial area to monitor.
💎 After bouncing off this support zone, #HederaHashgraph ascended, only to be halted at the wedge's upper boundary, effectively bouncing off the resistance trendline. This could suggest two potential bullish scenarios: a more substantial correction downward, possibly to the wedge's bottom, or a brief break below the uptrend trendline to gather fresh buying liquidity before continuing upward.
💎 At the same time, a break above the wedge could lead to a rapid rise towards the $0.076 double Fibonacci resistance, and we must be prepared for both of these bullish possibilities.
💎 The less likely scenario is a trend reversal to the downside, which would only occur if #HBARUSDT breaks below demand zone, 200SMA and the $0.045 support. Such a move would undoubtedly tip the scales in favor of the bears. Stay tuned, Ladies and Gentlemen of ParadiseClub, as we continue to navigate the dynamic world of crypto!
HBAR: Rising WedgeHedera Hashgraph (HBAR) technical analysis:
Trade setup : Trading in a Rising Wedge pattern and in an Uptrend. Notably higher volumes on up days recently, which is also positive. Trend Traders: wait for a breakout. Swing Traders: can trade between the wedge trendlines.
Patterns : Rising Wedge It usually forms after an uptrend and suggests a potential bearish reversal in the original uptrend. When price breaks the lower trend line the price is expected to trend lower. Emerging patterns (before a breakout occurs) can be traded by swing traders between the convergence lines; however, most traders should wait for a completed pattern with a breakout.
Trend : Uptrend on Short- and Medium-Term basis and Neutral on Long-Term basis.
Momentum is Bullish (MACD Line is above MACD Signal Line and RSI is above 55).
Support and Resistance : Nearest Support Zone is $0.050 (previous resistance), then $0.035. The nearest Resistance Zone is $0.060, which it broke, then $0.080.
HEDERA HBAR price tries to change the trend to growthThe HBARUSDT price is trying to break through and gain a foothold above the strong mirror level of $0.58.
If buyers manage to do this, the next HBAR price target will likely be $0.75.
Then, a retest of $0.58. If the HEDERA token price doesn't drop lower, great.
You can buy HBAR in your investment portfolio with a clear conscience and wait for it to grow to at least $1.70
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216 Sats in ViewQuick mini update on HBAR / BTC pair:
Broke above a falling wedge on the daily, reached TP 1. Since then it has maintained above the little green support area drawn on the chart, and should be moving up to 216 sats or TP 2 next.
This lines up with the 200 day EMA after getting above the 50 day EMA/MA. 229 sats could also be reached if it hits the 200 day MA
HBAR To Gain in Crypto Market DominanceHBAR's market dominance looks like it wants to move towards 0.9 -> 1%. This would be a pretty massive increase in its position in the crypto total market.
Weekly dominance has held around the same levels for quite some time now, with a previous breakout that moved back down to support. It has since broken out a 2nd time.
RSI and MACD indicated this divergence before it occurred, and MACD has recently flipped green.
The overall weekly trend can be placed within a parallel channel, in which its move back up from support began at channel bottom. This could mean HBAR dominance is about to move back towards the top of its channel, gaining significantly in market dominance - up to approximately 450%.
It is possible we see HBAR making a move to take its place within the top 10-20 cryptocurrencies in marketcap and market dominance.
Also, a strong chance we at least see a move back towards the center of the channel above, which would still approach 230%
Keep an eye on CRYPTOCAP:HBAR
HBAR/USDT Confirms its Bullish Move, Hedera Hashgraph Analysis Hello Paradisers, Time to get into action!!
💎 HBARUSDT is gearing up for a potential rise and anchored above the 21 EMA, signaling bullish vibes.
💎 Underpinning this optimistic view is the Demand Zone lying just below, which will definitely boost the bullish drive.
💎 Beyond this zone, we've spotted a bullish nod on a smaller timeframe, hinting that the price might circle back to this level.
💎 On the flip side, if the price drifts into the invalidation zone and slips through, we might witness a bearish turn.
💎 Stay connected for more updates and savor your trading journey with #MyCryptoParadise!
HBAR (Hedera Hashgraph) Coin Analysis 05/04/2021we had earlier analyzed and Purchased and Opened positions on this Coin:
Fundamentals:
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 performance and instability.
It was funded through an initial coin offering (ICO) in August 2018 and first launched open access to its mainnet just over a year later in September 2019. As part of the ICO, investors were able to purchase the platform’s native utility token (HBAR) at the lowest possible pricing.
The HBAR token has a dual role within the Hedera public network.
First and foremost, HBAR the fuel that powers Hedera services, such as smart contracts, file storage and regular transactions. Second, it's used to help secure the network, since HBAR users can stake their tokens to assist with maintaining the integrity of the platform.
Unlike most other cryptocurrency platforms, Hedera Hashgraph isn’t built on top of a conventional blockchain. Instead, it introduces a completely novel type of distributed ledger technology known as a Hashgraph.
This technology allows it to improve upon many blockchain-based alternatives in several key areas, including speed, cost, and scalability. Hedera transactions have an average transaction fee of just $0.0001 USD and typically reach finality in under five seconds. Overall, Hedera Hashgraph claims it can handle more than 10,000 transactions per second (TPS) — compared to the around 5-20 for most popular proof-of-work (PoW)-based blockchains.
The platform offers several major network services. These include:
A token service that allows users to easily configure and mint both fungible and non-fungible tokens (NFTs) on Hedera with just a few lines of code.
A consensus service that acts as a layer of trust for any application or network that needs a secure, verifiable log of events.
Smart contract tools that let developers build powerful and efficient decentralized applications.
Decentralized file storage services with features include proof-of-deletion, controlled mutability, and time-based file expiry.
Hedera Hashgraph uses a novel consensus system known as Hashgraph consensus to keep its network secure.
This uses a rotating governing council consisting of up to 39 highly diversified organizations that span across up to 11 different industries. These are involved with directing the Hedera codebase, voting on platform decisions and operating the initial nodes on the Hedera public network.
Hedera uses a novel form of proof-of-stake (PoS) which allows HBAR users to stake their resources to help protect the network. Right now, all Hedera nodes are managed by either Hedera itself or the governing council members, but there are plans to switch to a permissionless system in the future.
\ Overall, Hedera's security setup ensures it achieves "asynchronous” Byzantine fault tolerance (ABFT) — meaning it can guarantee both the timing and order of a set of transactions, even if some data is delayed or lost.
Hedera Hashgraph has two founders: Dr. Leemon Baird and Mance Harmon.
Dr. Leemon Baird is credited as the investor of the hashgraph distributed consensus algorithm and currently works as Hedera's chief scientist.
Prior to founding Hedera Hashgraph, Baird accumulated more than a decade of experience in various computer science and security roles and previously worked as a senior research scientist at the Academy Center by Cyberspace Research. He also holds the position of co-founder and CTO at Swirlds Inc., a platform for building DApps.
On the other hand, Mance Harmon is Hedera’s CEO and an experienced technology executive and seasoned entrepreneur. Harmon has around two decades of experience holding executive roles at prominent firms — many of which are in the IT security industry. Like Dr. Leemon Baird, Mance Harmon also holds a second position at Swirlds Inc., as its co-founder and CEO.
In addition to the founders, the Hedera leadership team also comprises more than a dozen individuals, many of which have had distinguished careers.
The Hedera Hashgraph token, HBAR, has a maximum total supply of 50 billion units. Out of this, almost seven billion were in circulation as of January 2021 — equivalent to around 14% of the total supply.
Hedera publishes regular reports detailing when the next wave of HBAR tokens will be unlocked. These reports can be viewed here.
According to Hedera's resources, the two project founders each have a coin grant of two billion HBARs, equivalent to 4% of the total supply each. These tokens are vested over a six-year period.
Other senior executives at Hedera (that joined prior to 2018) have coin grants of between 250 million and 300 million coins. These tokens are vested over a period that ends in December 2021.
According to Hedera's Economics Whitepaper (published June 2020), around 17.03 billion HBAR is estimated to be in circulation by 2025 — equivalent to 34% of the total supply.
The live Hedera Hashgraph price today is $0.328376 USD with a 24-hour trading volume of $238,828,303 USD. Hedera Hashgraph is up 0.07% in the last 24 hours. The current CoinMarketCap ranking is #46, with a live market cap of $2,599,706,500 USD. It has a circulating supply of 7,916,866,045 HBAR coins and a max. supply of 50,000,000,000 HBAR coins.
The top exchanges for trading in Hedera Hashgraph are currently Binance, Huobi Global, Upbit, OKEx, and FTX.
Technical Analysis:
as you can see the MACD and Signal Line are showing some Tilt down and crossover, which is the sign of some price correcting though there exist a Mild Bearish Divergence.
by Fibonacci retracement we have defined some retracements levels which are the golden zone and a powerful Support area, which can show some good Support and price may bounce from them to the higher levels
we have defined 3 Targets using Fibonacci Projections of the Past Impulsive wave and presumed Maximum retracement and price correction of 61.8% Fibonacci retracements.
the 3 TP gets its confirmation as the price triggers the 2 TP followed by some price correction and reaccumulation
we are asumung the 3 TP to gets trigried less than and within 8 months time'
the dotted arrows are just to show the bias and process not an actual indication of price forecast
HBARUSD: Is ahead of a big long term bullish breakout.HBARUSD is above its 1D MA50 but still inside the February Channel Down, restrained under the 1D MA200 but with the 1D technicals bullish (RSI = 62.752, MACD = 0.001, ADX = 27.218). The 1D MA200 has been unbroken since May 2nd so it is our technical trigger. A cross over it, will be a buy entry, targeting the 0.618 Fibonacci level (TP = 0.0700). An early bullish indication comes from the 1D MACD, which is turning upwards in contrast with the sequence on the last bullish leg that turned downwards on April 17th.
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Trade Alert - Take Profit HBARNew level spotted providing significant resistance and causing me to pause and adjust my final target. Taking the rest of my profits here. This level comes all the way from Nov. of last year, so, there will be significant resistance. And with many of the altcoins still showing bear flags, I am not going to push my luck.
Congrats, to those who followed me on this trade!
Stew