💥 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
Stock Market Sells Off As Rising AI Spending Plans Rattle Investors; Amazon Dives
The stock market suffered another round of losses Thursday, with a slide in technology stocks and the price of bitcoin acting as sources of pain. Late Thursday, Amazon (AMZN) dropped sharply after posting mixed fourth-quarter results and issuing higher-than-expected plans for its capital spending. The Dow Jones Industrial Average declined 592 points, or 1.2%. The S&P 500 also fell 1.2%,…