💥 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
In a bear market, all the news-based rebounds are just paper tigers.
To trade successfully, you need to learn to sell the news. Yesterday, BlackRock announced a 40% increase in their purchase of UNI.
Today, UNI's gains have already been completely wiped out, leaving only a long lightning rod. Bear market liquidity is still too poor.
Chasing after news often results in being buried. In a bear market, such positive news is usually a premeditated trap to harvest profits.
If you bought $uni yesterday, are you doing okay? Isn't it just like shorting NEO to buy OKB at 200?