💥 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
$KITE I think this coin still has some room to go up a bit more. Wait for a big bullish candle or a slight increase followed by another bullish candle before it starts to decline. The most I would lose is 200 points and then exit; I can't stay in too long.
I will choose to short at 0.22-0.25.
After all, breaking the previous high means it’s definitely not going to rise just a little bit.
Cashing in on at least one wave would be pretty good.