💥 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
Coinbase, $COIN earnings:
- EPS: $-2.49, est: $0.96
- Revenue: $1.78 billion, est: $1.83 billion
The stock is down 70% since last summer.
I’m not interested until we see $50–$80.
Great buying opportunities are coming.