💥 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
Support
After staying up all night again, the midnight market has once again completed its cycle. All of Lao Zhao's strategies are publicly shared in advance. I wonder if everyone has kept up with this wave. Pay attention to the 116800 line; the market has indeed given us something. I believe friends on the ground have gained a bit. There are no fancy words, nor false flattery. Congratulations to those who follow Lao Zhao for trend analysis; daily real-time strategy updates, practical technical analysis.
From the perspective of the previous market, the four-hour level shows that the market is in a continuous upward trend and has broken through the upper Bollinger Band around the 118100 line before facing pressure. After a pullback to the low point of around 116800, the downward momentum is not strong. The overall structure remains strong, accompanied by continuous upward movement of price highs. The bulls continue to attack persistently, and all indicators and moving averages indicate that the bullish trend still has room for further upward movement. Therefore, Lao Zhao's morning strategy focuses on the bull.
Buy near 116800 and 117300, focus on 118500.
Buy near 4310 to 4340 for two pieces, pay attention to 45000 #BTC .