💥 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
He clarified that the change of the Fed chair will occur without US presidential intervention next May. Most likely, a candidate loyal to Trump will take the position.
Earlier in December, a trader under the pseudonym Roman suggested a decline in the first cryptocurrency’s price to $76,000. He stated that the asset’s price is stuck in an ascending channel, which threatens to turn into a “bear flag.$BTC #FedRateCutComing #GateNovTransparencyReportReleased #BitcoinActivityPicksUp #CryptoMarketRebound #DecemberMarketOutlook