💥 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
11.28 BTC ETH morning strategy
The Friday closing battle has begun, but the crypto world is playing out a scenario of "bulls repeatedly failing to break through"—BTC has attempted to break the 92000 mark twice in a row, but has been strongly countered by bears each time. The pressure from above is as solid as a copper wall and iron bastion, and repeated attempts have returned without success, leading to a clear "high-pressure stagnation" market!
Looking back at the pullback details: the volume is shrinking, and the sideways fluctuations are weak to an absurd level, which is textbook-level "high exhaustion + bearish accumulation" signals! More importantly, the 1-hour MACD death cross pattern has been established, with green bars continuously expanding, and the bearish momentum is sweeping across the market like a prairie fire, making a pullback imminent!
Core Operating Recommendations
- BTC: Open short decisively in the 91500-92000 range, with the first target aiming directly for the 90000 round number. If it breaks, look down to 88000!
- ETH: Precise layout of short positions in the 3030-3060 range, first target looking at the 2970-2900 interval, and further impact towards 2850 after breaking!
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