💥 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
On January 31, when $BTC dropped below $76,000, this whale was liquidated for over $128 million on his $ETH long positions.
He hasn't opened a single trade since. Over-leveraging taught him a lesson.
If it were you, would you continue leverage trading?