HBAR UPDATE (Facts):
1. HBAR is creating a bullish pennant pattern.
Bullish Pennant: Are continuation patterns where a period of consolidation is followed
by a breakout used in technical analysis.
2. Awaiting bullish cross on the weekly Stochastic RSI
3. We haven't been below 59 RSI since December 2020 (highly oversold!)
4. Coinbase is exploring adding HBAR (Link Below):
blog.coinbase.com/coinbase-continues-to-explore-support-for-new-digital-assets-37c9737546b0
5. HBAR will be speaking at the Consensus 2021, so they mean businesss!
6. Last breakout of the bullish pennant, the measurement of the breakout is EERILY ACCURATE!!
Last HBAR Chart (Pretty accurate):
Everything is on the chart! HBAR (is on the verge of exploding higher. Dips/Corrections are normal and needed in a bull market, and are BUYING OPPORTUNITIES! HUGE GAIN opportunity in the coming months!!. We need confirmation end of the week. RSI is clearly oversold on the weekly! NEVER TRADE BLINDLY. USE MULTIPLE INDICATORS TO MAKE CALCULATED DECISIONS. TRADE WITH NO EMOTIONS!!
At the moment, the daily chart still shows some bearish contination, but the weekly is BULLISH!! Meaning short term bearish, but long term bullish!
Check out the Altcoin season chart below (Crypto Total Market Cap Excluding BTC ). We are on the verge of another altcoin super cycle
Altcoin Season is just getting started!! BULLISH CROSS on weekly!
Bitcoin dominance will die down and Altcoins will take over!! Whales/bots/institutions will be moving their Bitcoin ( BTC ) into the Altcoins, meaning Altcoin Season is just getting started.
Money flows like this:
FIAT > BITCOIN > LARGE MARKET CAP COINS > MIDDLE MARKET CAP COINS > SMALL MARKET CAP COINS > back to FIAT, and the cycle starts again.
I have moved majority of my BTC and diverse them into different altcoin positions. (ETH, HBAR, GRT , XLM , XRP, NEO, SNX , BNT, BCH, ADA, LTC, BTMX, LINK, FORTH, ENJ, ICX, STORJ, SHIB, FIL and NKN are the some of the altcoins I am moving BTC too).
Get ready to have an explosive Altcoin season just like what happen in the 2017 bull market. Once my sell indicators hit, I will be selling my positions to buy real estate, a lambo ;) , and moving the rest to Ethereum to Stake it!
Good Luck!
"If you can't beat the fear, do it scared!"
"Be fearful when others are greedy, and greedy when others are fearful!" - Warren Buffet.
"Markets are a device for transferring money from the impatient to the patient. - Warren Buffet
"Show me the charts, and I'll tell you the news." - Bernard Baruch
1. HBAR is creating a bullish pennant pattern.
Bullish Pennant: Are continuation patterns where a period of consolidation is followed
by a breakout used in technical analysis.
2. Awaiting bullish cross on the weekly Stochastic RSI
3. We haven't been below 59 RSI since December 2020 (highly oversold!)
4. Coinbase is exploring adding HBAR (Link Below):
blog.coinbase.com/coinbase-continues-to-explore-support-for-new-digital-assets-37c9737546b0
5. HBAR will be speaking at the Consensus 2021, so they mean businesss!
6. Last breakout of the bullish pennant, the measurement of the breakout is EERILY ACCURATE!!
Last HBAR Chart (Pretty accurate):
Everything is on the chart! HBAR (is on the verge of exploding higher. Dips/Corrections are normal and needed in a bull market, and are BUYING OPPORTUNITIES! HUGE GAIN opportunity in the coming months!!. We need confirmation end of the week. RSI is clearly oversold on the weekly! NEVER TRADE BLINDLY. USE MULTIPLE INDICATORS TO MAKE CALCULATED DECISIONS. TRADE WITH NO EMOTIONS!!
At the moment, the daily chart still shows some bearish contination, but the weekly is BULLISH!! Meaning short term bearish, but long term bullish!
Check out the Altcoin season chart below (Crypto Total Market Cap Excluding BTC ). We are on the verge of another altcoin super cycle
Altcoin Season is just getting started!! BULLISH CROSS on weekly!
Bitcoin dominance will die down and Altcoins will take over!! Whales/bots/institutions will be moving their Bitcoin ( BTC ) into the Altcoins, meaning Altcoin Season is just getting started.
Money flows like this:
FIAT > BITCOIN > LARGE MARKET CAP COINS > MIDDLE MARKET CAP COINS > SMALL MARKET CAP COINS > back to FIAT, and the cycle starts again.
I have moved majority of my BTC and diverse them into different altcoin positions. (ETH, HBAR, GRT , XLM , XRP, NEO, SNX , BNT, BCH, ADA, LTC, BTMX, LINK, FORTH, ENJ, ICX, STORJ, SHIB, FIL and NKN are the some of the altcoins I am moving BTC too).
Get ready to have an explosive Altcoin season just like what happen in the 2017 bull market. Once my sell indicators hit, I will be selling my positions to buy real estate, a lambo ;) , and moving the rest to Ethereum to Stake it!
Good Luck!
"If you can't beat the fear, do it scared!"
"Be fearful when others are greedy, and greedy when others are fearful!" - Warren Buffet.
"Markets are a device for transferring money from the impatient to the patient. - Warren Buffet
"Show me the charts, and I'll tell you the news." - Bernard Baruch
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.