💥 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
Doesn't look like we're getting the $BTC Dalai Lama just yet.
Price took out the local highs, and started bleeding back towards the lows again.
As discussed - this is the time to let the market come to you.
Sitting on my hands, waiting for the right conditions to buy again.