💥 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
The market is all about perspective.
Look at $ETH for example:
2021-2025 highs buyers? Down more than 60%
2018 highs buyers? Slightly above break-even!
And 2020 lows buyers? Still up 1700%
A true lesson in there, right?
Buying fear and desperation, like the one we have now, might pay a good dividend in the future!