💥 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
$1 trillion wiped out from the US stock market today 🔴
Apple down 5% 🔴
Gold and silver remain extremely volatile
97% probability of a government shutdown tomorrow
This whole situation doesn’t look great...
When stocks take a real hit, which I believe is likely
-> crypto will follow and that’s probably where the real bottom forms
Position accordingly
Next market open will be important
High probability we’re not done with the pain.