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HBAR/USD currently at $0.246 as of March 7, 2025, is forming a descending triangle nearing its apex. This post focuses on the potential upward breakout. The price is within a descending triangle, with a downward-sloping resistance (yellow line) and support around $0.1750. At $0.246, it’s below the 50-day SMA ($0.26064) and 100-day SMA ($0.27227) but above the 20-day SMA ($0.22169) and 233-day SMA ($0.19104). A bullish MACD crossover (0.00142, -0.00902), neutral RSI (51.37), and declining volume (-13.71%) suggest a breakout could be imminent with the right catalyst.Upward Breakout Scenario:Breakout Trigger: A strong candle close above the descending resistance line with a significant volume increase. Target: $0.3500 (previous high), based on the triangle’s height projected upward from the breakout point.Speed of Breakout:The speed of the move to $0.3500 depends on market dynamics: Fast Scenario (1-3 Days): If the breakout is accompanied by a strong volume spike (e.g., 2-3x the current 106.67M) and positive news (e.g., partnerships or adoption), HBAR could reach $0.3500 rapidly. Historical momentum in similar setups suggests a 40-50% gain in 1-3 days, driven by FOMO and short covering. Moderate Scenario (5-10 Days): With moderate volume and gradual buying interest, the price might climb steadily, taking 5-10 days to hit $0.3500 as it tests resistance levels like $0.26064 (50-day SMA) and $0.27227 (100-day SMA). Key Factor: The current low volume and neutral RSI indicate the breakout’s speed will hinge on a catalyst. A sudden surge could accelerate the move, while a lack of momentum might prolong it.Entry: Above the resistance line with volume confirmation. Stop-Loss: Below $0.1750 or the recent swing low. Target: $0.3500, achievable in 1-10 days depending on volume and news. Support to Watch: The HVN at $0.24351 is a current key support; a drop below it before breakout could signal weakness. Post-breakout, monitor the broken resistance line as new support.Disclaimer: For educational purposes only, not financial advice. Trade responsibly.

The highlighted Buy Area near $3,950 is a high-probability zone for bullish entries in Ethereum (ETH/USD), supported by both trendline and horizontal confluences. This level aligns with the ascending trendline that has consistently acted as dynamic support since October, indicating the ongoing strength of the uptrend. Additionally, $3,950 marks the previous resistance level that was recently broken and has now flipped into support, a classic technical setup for continuation. This area also benefits from psychological support near the $4,000 round number, further bolstering its significance. Traders can consider entering long positions within this zone, targeting a bounce toward $4,100 and potentially $4,300. A close below $3,900, however, would invalidate the setup and likely signal a deeper retracement toward $3,800. Confirmation from volume spikes or bullish price action at the Buy Area can further enhance the trade's success probability. As always, risk management is key, and traders should set stops accordingly. What do you think?This is not financial advice. Please always DYORThe current breakdown on the 4-hour ETH/USD chart could be a fake-out due to the lack of significant selling volume, oversold RSI levels near 35, and the broader bullish context of the weekly ascending triangle pattern. True breakdowns are typically accompanied by strong volume and sustained price action below key levels. To confirm this as a legitimate breakdown, we need a 4-hour candle close below $3,700 with increased volume. Alternatively, if ETH reclaims the trendline near $3,750-$3,770 on strong buying momentum, it would confirm the move was a fake-out and signal a potential bullish continuation toward $4,000. Waiting for clear confirmation is essential before making any trading decisions.

Ethereum’s price recently broke above the key resistance level at $3,800, completing the breakout from the Cup and Handle pattern. This breakout is a bullish signal, pointing to the potential for further upward momentum, with a target of $5,400.However, it’s normal for prices to pull back and retest the breakout level after such a move. This pullback serves two purposes: it tests whether the previous resistance at $3,800 can now act as support, and it helps the market consolidate before the next leg up.What to Watch For:Holding Above $3,800:If the price holds above $3,800 during this retest, it confirms the breakout as valid and sets the stage for further gains.A strong bounce from this level, especially with rising volume, is a sign of renewed bullish momentum.Key Support Level at $3,525:If the price falls below the handle low at $3,525, it would invalidate the pattern and could lead to further declines.Breakout Confirmation:For the next upward move to $5,400, buyers need to step in and push the price higher after this pullback.In conclusion, the pullback and retest of $3,800 is a typical and healthy part of the breakout process. If the level holds, the bullish target of $5,400 remains in play. As always, this is not financial advice. DYOR (Do Your Own Research) and manage your trades with caution.

Ethereum (ETH/USD) is currently forming a textbook Cup and Handle pattern, with the rounded "cup" shaped between late August and early November, and a shallow "handle" consolidating below the key $3,500 neckline resistance. This pattern, a bullish continuation signal, suggests a breakout is imminent within the next 1–2 weeks, provided the resistance is breached with strong volume. The handle depth remains shallow, adhering to the rule that it should not exceed 50% of the cup's height, maintaining a bullish structure. Confirmation occurs upon a breakout above $3,500, signaling the start of the next bullish leg, with the pattern projecting a target of $4,750 (calculated by adding the $1,250 cup height to the neckline). Key support lies at $3,300 and $3,250, where a breach would invalidate the pattern. Traders should monitor closely for volume expansion during the breakout and consider entering on confirmation, with stop-losses below $3,250 and profit-taking at $3,800, $4,000, and the target of $4,750. What do you think ?