💥 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
Unemployment rate announcement day!
#Bitcoin is reaching a potential bottom formation level.
Great, let's see if the unemployment rate increases further.
Results?
- Yields decrease.
- The Federal Reserve (FED) may need to cut interest rates.
- I predict Gold and Silver will decline in the next few days, but will first rise.
- #Bitcoin dips slightly then only recovers by the end of this month.
This is inevitable: the money printer needs to start working again.