💥 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
ETH: Risk of a dump over the weekend and a chance for a rebound at the beginning of the week
Outputs often bring volatility to major crypto assets. The situation with ETH after Saturday’s dump creates an interesting technical picture: CME futures markets are expecting a significant price gap at the Monday open. However, history shows that such gaps over weekends are often closed within the first hours of trading or even by Sunday.
Analysis of Price Gaps and CME Dynamics
When a crash occurs over the weekend, it creates a classic CME gap situation. Usually, if the divergence isn’t critical, the market manages to close the gap during Sunday or the early hours of Monday. This is a standard scenario for crypto futures, and it should not be ignored when planning entries and exits.
Technical Signals and Trend Reversal
If the gap closes and the price begins to develop an upward movement, it will trigger a serious technical signal. Moving averages across all major assets will start forming a curved trend structure, which in most cases indicates a strong upward impulse. This technical configuration has historically preceded sharp rallies. It means that even after Saturday’s dump, a powerful recovery scenario for prices is possible.
Scenarios for Bears and Bulls: a New Round of Battle
Sellers have taken their profit opportunity on the decline, and that’s fair. However, large buyers and growing bullish pressure can still turn the game in their favor. The coming days will show who controls the ETH direction. The dynamics will depend on whether the gap is closed and whether technical confirmation of an upward trend follows.
Conclusion: after the weekend dump, expect interesting volatility. Watch the CME gap and the behavior of moving averages. Profit and good luck in trading!