💥 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
We are about to enter a very crucial week for cryptocurrencies. The direction of Bitcoin and altcoins will be determined. $BTC has risen above $71,000, but it won't stay at these levels for long.
We may see sharp rebounds in Bitcoin and altcoins with the start of the new week... News from the United States will be decisive.
#BTC #Bitcoin #Bullish #Crypto