💥 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
If we look at the Altseason Index powered by @CoinMarketCap, it shows Bitcoin season. 🟠
This simply means the liquidity will flow towards Bitcoin first, so you've got plenty of time to accumulate your favorite altcoins here.
Here's my plan:
$BTC holds 94K, we move towards 105K. Consolidates there and #alts go bonkerss. (Real move for alts always happen when btc ranges)
You can try longing alts here but due to some bad news out there like tarrifs and greenland stuff, I would suggest to wait or remain in spot only!