💥 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
Most people missed selling the bottom.
Most people will miss buying the bottom.
IMO, Bitcoin will bottom around the $45K-$50K this cycle.
A lot of buyers will wait for $30K or lower just like they waited for $10K in 2022.