💥 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
Slowly, our industry is morphing to be a much regulated industry where projects with growth and revenue generation would be much valued.
To an extent, projects ought to be valued asides through P/S and P/E metrics down to futuristic valuation in relation to current token valuation.
Seeing how much @maplefinance has stayed consistent in revenue generation, I decided to evaluate it using DCF (Discounted Cash Flow) method.
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