💥 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 is still not strong as it RETESTED the Gap up range, shown in 2nd picBitcoin is OVERSOLDHowever, it\'s been more oversold before, 3rd picBuys have been coming in latelyNevertheless, it\'s NOT heavy by any meansBTC should get a relief bounce but no signs of BOTTOM, yet