💥 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
Coinbase surprisingly lost $667 million in the fourth quarter...
Of course, whether they are profitable or not doesn't matter.
It doesn't affect the CEO's continuous stock sales for cashing out...
On January 5th, the Coinbase CEO sold 40,000 shares at a high point (stock price $254), cashing out $10.16 million.
And now, Coinbase's stock price is only $141.
More importantly, this guy has been selling all along and has never added to his position.
Is he just not optimistic about the crypto space, or does he lack confidence in Coinbase🤔