Coin Name: $HBAR
Position: LONG
Entry Price: 0.19132
On the 4-hour timeframe, HBAR is trading within an ascending channel. If it manages to hold the lower trendline, we could see upward continuation. A key support zone is also visible, reinforcing this area as a potential buying region.
This setup offers two possible entry points:
First entry around $0.19132
Second entry near the support zone
Additionally, the RSI is holding in the demand area, and a bullish divergence is present — further supporting the case for a move to the upside. This region appears to be a favorable territory for buyers.
On the 4-hour timeframe, the "Others" chart has broken out of an inverse head and shoulders pattern and completed a textbook retest of the neckline. If it holds above the support level and begins to move higher, it could trigger a bullish wave across mid-cap and low-cap altcoins.
On the 4-hour timeframe, BTC.D has broken down from a rising wedge pattern — a typically bearish formation — and has completed a clean retest of the breakdown level. If BTC.D continues to decline, it could signal increased capital flow into ETH and other altcoins, potentially leading to a strong altcoin rally.
Leverage:
Targets:
1st TP 0.2070
2nd TP 0.2200
3rd TP 0.2350
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$HBAR
