💥 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
February 10 ETH Intraday Strategy
ETH is not strongly bullish, but it is no longer dominated by bears; buying on dips at support levels is more cost-effective than chasing rallies.
Currently, the resistance zone above is at 2120-2150, a previous high with dense trading activity, indicating strong short-term resistance.
At present, ETH looks more like a recovery phase after a volatile decline, and long positions can be considered within the 2020-2035 range.
Take profit at 2120-2150
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