HBAR / BTC pair has been in a downtrend for a good while now without any significant corrections. It feels due for a correction soon. The USD pair here shows potential for an inverse head and shoulders pattern forming, and we could be at or near the bottom of the right shoulder. Volume is starting to rise as well. If it plays out as suggested on the chart idea above, it should complete this pattern around mid to late December.
Keep an eye on this, but beware goings-on of BTC
- also be mindful that HBAR has a much lower USD bottom prior to the google news, and hasn't yet re-visited previous BTC pair bottom either (if it will get there, we're hovering around 185-190 sats, previous bottom was 114 sats).
Keep an eye on this, but beware goings-on of BTC
- also be mindful that HBAR has a much lower USD bottom prior to the google news, and hasn't yet re-visited previous BTC pair bottom either (if it will get there, we're hovering around 185-190 sats, previous bottom was 114 sats).