💥 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
✍️ Did you know that over 95% of gold trading is contracts and not real gold?
Approximately 95% – 98% are futures and derivatives,
and only 2% – 5% is actual physical gold.
Therefore, the idea that it rises strongly and crashes strongly is just a number on the Comex exchange; less than 3% of contracts result in actual gold delivery, and 97% are closed financially 🙃