💥 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
Today’s Fear Index is only 8, and it’s Friday again, with the Asian Spring Festival holiday about to begin! If not now, when is the best time to buy the dip?
Spot trading has been your layout for more than just a day or two. When the market later shows a clear right-side pattern with a small to medium rebound, don’t say you didn’t have a chance!
Yesterday’s morning analysis clearly told you that Bitcoin at 66,200 and Ethereum at 1,915 are key levels for spot entry!
If you still haven’t acted, I can only say that in a little while, you’ll regret not taking the opportunity to buy some spot in batches today!
On Wednesday night, I shorted XAU, and yesterday I told you to set stop-loss and take-profit orders properly. Last night, it dropped to a low of 4,880. By gradually reducing your position, you could have gained a 150-point profit—definitely a big win!
BTC support/resistance levels: 74,450 / 70,900 / 64,500 / 57,850
This is your chance to get it right yourself!
ETH support/resistance levels: 2,225 / 1,840 / 1,600 / 1,385
Opportunities don’t come every day. When the chance is there, go all in with your eyes closed. That’s all I can say!
Trading tips: Reduce frequency, control your position size, stay patient, and set stop-loss orders; spot trading doesn’t require stop-loss, focus on Bitcoin and Ethereum spot layouts!
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