💥 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
#BCH is trading within an upward channel, with the price rebounding strongly from the demand zone and the lower trendline. Buyers remain in control as the structure stays above the green support zone. The upper trendline of the channel continues to act as resistance to upward movements. A clear breakout above this level could open the door for another bullish continuation.