💥 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 ($HBAR ) price action is showing increasingly constructive behavior as the market builds a classic bullish reversal structure on the higher timeframes. After an extended corrective phase, price has stabilized and begun forming an inverse head and shoulders pattern, a formation often associated with trend reversals when confirmed
【$ETH Signal】1H breakout pullback confirmation, main force supports the market, targeting short-term rebound
$ETH The 1H timeframe is consolidating strongly above the EMA20 (2028), just completing a pullback confirmation at the key level of 2050. The 4H timeframe has already broken through the previous oscillation zone upper boundary (2030), forming a bullish structure. Open interest remains stable, price is firm, and the main force's support intention is clear. This is a typical post-breakout accumulation pattern, with short-term bullish momentum about to be released again.
🎯 Direction: Long (Long)
🎯 Entry/Order: 2053 - 2055 ( Reason: 1H pullback confirmation completed, stabilized above EMA20 and previous high support )
🛑 Stop loss: 2038 ( Reason: Break below 1H previous low and EMA50 support, ATR-based stop loss )
🚀 Target 1: 2075 ( Reason: 4H previous high resistance )
🚀 Target 2: 2100 ( Reason: 1.618 Fibonacci extension level, key psychological level on the daily chart )
🛡️ Trading management:
- Position suggestion: Standard position ( Reason: 1H/4H resonance breakout, higher win rate )
- Execution strategy: After price reaches 2075, reduce position by 50% and move stop loss to entry price. Hold remaining position for the second target; if the pullback to 2055 does not break, consider adding to the position.
Deep logic: After a strong bullish candle on the 4H chart, price consolidates strongly, refusing deep retracement. The 1H RSI (68.8) is in a strong zone, with no divergence. Market depth shows buy orders concentrated below 2053, while sell orders above 2054 are relatively sparse, indicating slight short squeeze potential. Stable open interest indicates funds have not exited, combined with positive funding rates, reinforcing a bullish pattern. This is a standard buy point after a breakout pullback.
Trade here 👇 $ETH
---
Follow me: Get more real-time analysis and insights on the crypto market! $BTC $ETH $SOL
#我在Gate广场过新年 #Gate广场发帖领五万美金红包