💥 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
BTC market analysis on the evening of November 27
Yesterday, everyone saw the trend of BTC. It was sideways for half the day, but suddenly a big bullish candle broke through the upper resistance and surged to around 91900. The key point is that after it surged up, it didn't drop down but instead stabilized at a high level. This kind of movement indicates one thing - the bulls are in control now.
Today is Thanksgiving and the US stock market is closed, with little interference from outside, so the market is basically following our own rhythm. The current structure of BTC is a typical "strong breakout + high-level consolidation"; the momentum is still there, and the trend is not weakening. As long as this position is not broken, any pullback is an opportunity.
Around 88500-89100, looking up to 91500-92500. $BTC