💥 HBAR price nears breakout as inverse head and shoulders pattern forms
HBAR price is consolidating below key resistance as an inverse head and shoulders pattern develops, signaling a potential bullish breakout if the neckline resistance is cleared with volume.
HBAR ($HBAR ) price action is showing increasingly constructive behavior as the market builds a classic bullish reversal structure on the higher timeframes. After an extended corrective phase, price has stabilized and begun forming an inverse head and shoulders pattern, a formation often associated with trend reversals when confirmed
Good afternoon everyone!
There wasn't much volatility during yesterday's market closure. Currently, the market is showing a sideways upward trend. It's best to follow the strategy of "rise first, then fall," focusing on previous high points for positioning.
For Bitcoin, watch the 893 level; continue to go for long positions. The 890-895 range is an entry opportunity. Place your stop-loss at 906. Look below at the 865-875 range, and consider whether to add longs later. The low point early yesterday morning was around 872, so today focus on going long around this level. If a short opportunity arises, take it!
For Ethereum, the current highest is 3033, with a previous high of 3057. Focus on these two levels for trading. Going for shorts is fine; below, watch 2956 and 2907. Enter longs at these levels. First short, then long—it's all about the range!
Tonight at 9:30 PM, don't miss the live session!! $BTC $ETH #比特币与黄金战争