💥 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
In this post, I pointed out how the top was cyclical even before Bitcoin corrected
I invite you to check it out:
Now let's place the rectangles for the bottoms
Just a point of view, nothing serious like analysis
The Elite were able to take advantage of it and will still have a head start for what's next
$BTC #btc #Bitcoin #crypto