💥 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
2.13 Friday Bitcoin and Ethereum Afternoon Analysis
Based on the current trend, the market still has the potential to continue declining, but the overall rebound momentum is relatively strong. Short-term trading is recommended.
Bitcoin around 66,000 looking at 67,000
Ethereum around 1,930 looking at 2,000