💥 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
$BTC [4h] - Wyckoff Accumulation scheme - Update
Price has broken above the Resistance Lines ($88k-$89.5k), at which a cascade of rejections was witnessed since December 16th.
Currently a low-volume retest of this zone is being performed. Once successful, the real move can start. 🧨