💥 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
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Bitcoin short-term______ within 10 points up or down,
Current market situation
1. Market rises to around 3080, short position at 3110
2. Market pulls back to around 2970, long position at 2940
3. If the market rises to around 3160, short position at 3190
4. If the market stabilizes above 3110, chase long
5. Watch 3030, if it drops below 3030 within 15 minutes, open a short; if it stays above 3030, chase long
Keep a light position with a good entry point at 30 points, set stop profit at 30-50 points, for a broader view, reduce holdings or add trailing stops
Bitcoin
1. Market around 90000, short position at 90500
2. If the market stabilizes above 90500, chase long
3. Market pulls back to around 87800, long position at 87300
4. Watch 89000, if it drops below 89000 within 15 minutes, open a short; if it stays above 89000, chase long
Keep a light position with a good entry point at 500 points, set stop profit at 500-700 points, for a broader view, reduce holdings or add trailing stops
Personal suggestion: keep position size around 3% of your total (in USDT, not ETH), do not exceed 5% when opening a position
Note: Investment involves risks, please proceed cautiously. The above strategies are personal opinions only and do not constitute any investment advice. Profit and loss are at your own risk.