💥 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
Trump Join the WAR
Invasion of 3 vital nuclear sites in IRAN ( Fordow, Nathan & Elsafan) causes crypto prices to plunge sharply.
Based on Fibonacci from swing high $106,500 to swing low $100,800
A small recovery has occurred for Bitcoin and it has reached Fibo 50%.
This is a sign that it's time to SHORT, as the market will tend to drop deeper.
Note the strong support for Bitcoin at the $95 K - $97 K level and of course the psychological level at $100 K.
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DYOR not financial advice