💥 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
🟠 8 whales previously labeled as smart money on HL have been wiped out
Anyone who’s made a few dozen percent profit and calls themselves a “trading king” should take a look at this chart to wake up:
🔸 BitcoinOG: from +$142M -> turning into -$128M. A swing of more than $250M in asset value.
🔸 James Wynn: +$87M -> -$22M.
🔸 Anti-CZ Whale: +$61M -> -$10.75M.
🔸 The most painful case: “Low-Stack Degen”: Initial capital: $125K with a peak account value of: $43M - x300 times. This account didn’t take profits, kept going all-in, now the P&L is still -$196K.
The market doesn’t need much time to recover the profits already made. When you keep winning, your ego will be nurtured to the point where you think this market is easy.
The market isn’t afraid of you being right many times. It only needs you to be wrong once, big enough.