💥 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
February 14th Bitcoin Midday Analysis
Current price around 69,000
Short-term oversold rebound, medium-term bearish structure remains unchanged, focusing on range-bound oscillation and light position trend-following.
4-hour timeframe:
Bollinger Bands narrowing and flattening, price stabilizing above the middle band, short-term upward correction;
KDJ golden cross forming, volume gradually increasing, expecting upward rebound.
Trading Suggestions
Buy in stages on dips around 68,200–68,500,
Target near 69,800–70,800. #BTC #ETH #加密市场反弹