💥 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
$ETH 11.16 Evening ETH strategy analysis
Current price is 3168, with prominent bearish characteristics at the 4-hour level. The price continues to face pressure below the Bollinger Band middle line at 3210, currently experiencing a slight increase of 0.21%, which only indicates a weak recovery and has not exited the fluctuation range; although the MACD has slightly narrowed, it remains below the DEA, and the death cross pattern has not reversed; in conjunction with the daily line perspective, both the Bollinger Band and KDJ are synchronously opening downwards, indicating that bearish momentum has not diminished, with significant pressure from above.
Operation suggestion: Short near 3190-3220, target: 3100, 3050
#Gate10月透明度报告出炉