💥 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
Morning Thoughts on October 24
Looking back at the overall upward trend of Bitcoin during the night, it is currently running around 109900. From the hourly structure, it has rebounded from the middle track of the Bollinger Bands towards the upper track, and the KDJ indicator shows a golden cross diverging upwards, indicating short-term rebound momentum, while the MACD shows an increase in bearish momentum! Pay attention to data fluctuations tonight, Friday.
I personally think in the morning
The pancake rebounded to around 110500-111400, looking towards around 109500-108200.
The second pancake rebounds to around 3880-3920, looking at around 3830-3790. #Gate2025年第三季度报告发布 #广场创作者认证申请上线 #ETH反弹在即?