💥 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
PermaBulls are always saying you MUST use Log scale for #Crypto.
I respectfully disagree. I believe it is just a tool to justify sky high price predictions.
What Log Scale Actually Does -
Linear scale means, equal vertical distance = equal price change
Whereas Log scale means, equal vertical distance = equal % change
In assets that compound (#stocks, #gold), log scale is usually preferred for long-term charts because markets move in percentages, not #dollars.
However, early Crypto Was Price Discovery, Not Growth
In early #Bitcoin (2010–2013 especially)