💥 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
⚠️ Dominance #البيتكوين : Is this a Head and Shoulders pattern?
The price of #Bitcoin still shows a downward trend, with lower highs and lower lows, and a potential Head and Shoulders pattern is forming.
A break of the inclined neckline would be a significant indicator to watch.
If this occurs, the price of #BTC may move toward the approximately 50% dominance area — a historically favored position for strong altcoins.
#USGDPUpdate #BTCUSDT
$BTC