💥 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
Following Powell's speech, the crypto market loses $450 billion, #BTC regains its dominance and falls 15% from its last ATH. Emotions calm down💪. The monthly RSI relaxes at 73.86.🤔👍 #Altcoins try to regain ground (good sign). Risk index at 53 (good). Social media absent. Preamble to a good #CryptoChristmas 🎅