So we would like to give a warm welcome to her. There are hash Grove into the top 50. Finally, for the first time ever we are going to be analyzing a pair of hash trough. I have actually discovered hadera hash graph way back in to 0. 1. 7, 1 long time ago, already be made aware of a header hadera, hash graph, and I you know I've really come across it. I tell you how I come across with our hash table. I was especially what watching mike maloney and watching by. I follow mike maloney. My Malini is a great channel. You should watch our mike maloney, so youtube channel. Let me just show you you go to youtube and then you type in mike maloney, mike maloney yeah, secure mike maloney, so mike mahoney he's, a gold silver guy he's a when this is very bullish on Kosovo, and I absolutely agree with you there's a series that Are mike maloney, it's called the hidden secrets of money is very, very interesting and very very educational, and i think everybody in this planet on this planet should be watching Mike Malone is hidden secrets of money. He did a very, very good job, getting the message across and he got very music very interesting and I actually love it and I think you should watch it after this. Do I just did follow it? Does it go to youtube die in my Maloney and after that, sorry, you go to playlist, you go to his playlist and then you click on a playlist.
You click on create a playlist, and then you look for the hidden secrets of money. Playlists and then you watch from a sheet, you start at number three and after that you watch tree and then from one until the end, so yeah this is Mike. Malone is hidden secrets of money. After creating credit playlists, you will see a drop down and then you look for hidden secrets of money and then click on View full playlist. Then you bring you to the hidden secrets of money. He'S really done 10 episodes. He has Danny over time. I in the beginning was sunny like in six episodes or five episodes, and he did a year by year by year by year, so you can see my money from you know from when he was younger until you know today so yeah. I started with this number. Three it's called the biggest scam in the history of mankind. Everybody should watch, it is half an hour and you will learn how the Fed prints money and how everybody in this world is scammed, but he talks it. I mean he says it. I mean he tells his story but it's in the perspective of the US. Yes, so, but it applies across the world as well, so central banks around the world ups. So you understand why you know really truly understand why people who are passionate in cryptocurrency are very against fiat, because you know it's a scam anyway.
After you watch episode 3, you move on to number one number two, and then you wash everything after I brush episode. Sure you should be hooked to make money. You see that the way he gets his message across is excellent is amazing and everybody should be watching it three and one two, four: five: six, seven, eight yeah! This is where mike maloney started. Talking about hadera hash, truffle night, hmm, okay, this videos actually published way back in 201, 7ne n of the year to zero one, seven and yeah. I came across a Derek, rash hash graph. He interviewed lemon bird eating after this video, or was he in this video yeah? I watched several interviews of remember. I went to check out forums and I try to understand more about hadera, hash, Grove and terror. Hash Grove apparently, is a directed acyclic graph. I, like it's, a protocol. I like what hadera hash trough is actually doing. It is something like I go talk yeah, but it's. Not. I also buy something like the thing I don't like about. I mean hadera hash table is fine, you know, but he draw hash graph isn't exactly an open project. They have actually two different amines divided into a private private blockchain. No, no it's, a call box in is divided two entities, a private one and a public one. Private one is where all the companies are. You know in in it where you know to become a note operator to to to start a note on hadera hash.
Trophy, you would need sort of a ticket yeah before you can start. You know being a note and then, after that, the thing about hydrants trophies you see about when it comes to distribute, distributed, ledger technology, okay, distributed ledger technology under the umbrella of distributed, ledger technology. There are two one is director, a cyclic graph, which is where hadera has graph none o iota. Did you bite, yeah that's? What director cyclic graphs are and NS another one called blockchain, so the thing about blockchain is that it is very slow. It'S. A confirmation x would need you need, like maybe six blocks before you get confirmation that you know this particular transaction is confirmed. You make like maybe six blocks yeah but and that's going to take up some time right, it's gon na take minutes, but imagine a world where you know there's transactions all over and your things need to be done in seconds yeah. Imagine if let's say, for example, you are live streaming, a particular you know. I say you're on live stream, mmm a match between Conor McGregor and khabib nurmagomedov right. So you want to live stream. The mesh. Imagine you are charged by the second, and then you need something that has a very fast high confirmation times yeah and you need a blockchain no blocking by the DLT distributed ledger technology DLT to facility such a big thing and Hadera hydro can actually do that. It has very high confirmed transaction per second rates, but the thing about hadera hatch graffia was saying that a distributed ledger technology should be immutable, which means that it, for example, let's, say Bitcoin, got hacked or for some reason, yeah let's say, for example, a theorem.
A very good example is a theorem called Hecht right, the Tao heck waiver in 2016.02.13, I'm class across actually the original theorem and the theorem that you're seeing right now. It'S, not the original theorem it's a up theorem, but everybody went to the Vitalik butylenes Fork and eventually it became the area. Majority takes the thicker, so that became a theorem a night Aryan caste. We main theorem classy and then, after that you know, you can't reverse blocks right, you're, not supposed to reverse blocks to do. You know, refund the money, so that's what I mean when I say immutable before hadera edge graph, you can actually reverse a transaction. If there was a bad actor, you can actually reverse it, and so this is this one thing which I'm you know: I'm, not really comfortable with a header there, a hash graph and there's also fees involved in transactions for hadera hash graph for hash bar. There are fees involved, but for iota there are no fees for nano. There are. No fees is absolutely free, so yeah that's, all I was saying Micron's transactions, which means that small transactions, a lot of small, quick transaction or imagine like you – are charging your Tesla and you get charged by the second again. If you get charged by the second and then you need to have a lot of transactions like every every second that you're charge, you're charging, you need to make a payment, so a lot of micro payments, micro transactions and so yeah.
It has to be felis. It has to be free, otherwise the fees could add up and so that's the thing about hadera. These are the two differences, yeah it's, very complicated and so yeah anyway, um pretty cool way off tangent let's just get straight into our. There are h bar technical analyses, so for hitchbot right now, which one has recent remembers me because of its announcement of partnering with Google cloud. Look look at what the name Google does to your to your project yeah. I first upload the previous owners actually chain link. Ax there was a announcement of you know: Google working together with chain link and you look at how chaining is right. Now we look at how how high chaining price is right now, yeah, it's, crazy, same thing for hadera, hashed wrothian, just just one announcement in two days, this bar has really risen three hundred freakin percent, so you know that's, awesome, it's, great, but um. The thing is that I don't know whether, if this is going to be correcting any further towards the downside, let's just put up a Fibonacci retracement tool, yeah right now we are not even at the 0.382 retracement yet and is feeling I mean I feel like we Could actually continue much higher for the hadera hash craft over six hundred and seventy nine Satoshi's, and so you know we could actually go much much higher. However, we're not gon na be jumping into a treat until we are absolutely sure that h bar is going to go higher.
We would like to see a proper continuation chop patent first before doing anything, because there is a danger that Bitcoin could be dropping right now. It is actually correcting pretty fast let's. Just take a look, so you understand what I'm, what I'm saying see USD yeah. You don't see it on a daily. You see it on the hourly. You are going to see it yeah yeah, but you see a big not a bit but a rate, a rate candle here. It is not a reversal, cannot see yet, but be very, very careful. We already quite over BOTS. Yes, we still have our targets here. Until we go higher than 11000, we will still have our targets. I will consider this a cos invalidate once we go above 11000, we rose to almost 10500 and in right now we are dropping back down. We are ten thousand two hundred dollars, so if we continue our trajectory towards the upside, you can bet your ass that hadera hash graph is going to continue its a journey towards the upside as well. But, like I say it all depends upon between in decline, continues its trajectory towards the outside. You can bet your ass that hitch bar is going to go, but if Bitcoin starts collapsing back down, then yeah hitch bar is going to correct deeper first before making any continuation towards the upside. So if you had to, I mean, if you ask me whether, if h bar is in boo season, yes, there is zero, absolutely zero resistance here, so it means there's, nothing, stopping H, bar from going para Pollock.
This is like when Bitcoin was when he broke 1000. For real, there was an all time, high 21000 in corrected back down and once he broke 1000 it went all the way to 20000 because there was nothing stopping Bitcoin. Let me just show you what I mean: BTC USD. So if you go back yeah a lesson in history, so if you go back here, you see we were at 1000 right. You reached a high of 1000 on the 25th of November to zero one tree. We collapse back down 85 percent, two hundred and seventy three dollars, and after that, once we broke 1000 yeah that's it. We went to 20000 all the way to 20 so 20000. Why? Because there is zero resistance here. Zero is just nothing, nothing stopping from Bitcoin from going crazy yeah. I thought that become. We actually stopped it 10000. No, it went all the way to 20000 back yeah anyway yeah right now. We are here and once once more once we brick twenty thousand yeah, potentially potentially we could go very, very high because again there is zero resistance. Yet he's gon na look like a pancake. Eventually we are making pancakes on the channel, so yeah eventually is gon na. Go I don't know what 260000 I don't know: million dollars, yeah, eventually bitcoins gon na go up to a million dollars, so I've said it before way back in December, when we were accumulating that anything under ten thousand dollars.
Four digits is absolutely a steal one day. Bitcoin is going to be 60 G's, so 40 G's is absolutely anyway movie of Tenjin year again yeah so for hadera, hash Grove against BTC. If we compare it on quite market cap, if you look at if you look at it on crime, market cap there's, actually some resistance over here, so let's just assume let's, just assume that this is actually valid. Although this is just it's, not bad, it absolutely not. Very but let's just assume it's fairly, so the very top here is at three thousand five hundred and seventy supplies. We are at seven hundred Satoshi's so from 700 to about three thousand thought: oh she's that's another four hundred percent to go. If you were to go that high, it would be four hundred percent. However, we need to build on it. We can't just you know in one line, we go one straight line, we go up, but this is a very good area to give us. You know a guide on how high potentially hadera hash croft could go to. So three thousand is our target two thousand five to be exact mm yeah, three thousand five to be exact, so we should have another hundred percent girl right now. You know we already over BOTS on the RS. I know it's not a good time to be jumping because we could still collect from here sure we could go higher but uh. Even if you go higher you'll be slightly higher than I think that we could be correcting.
Definitely there will be a correction. We don't care how high there a hash graph goes. Eventually, it will correct down like we don't care about how high Bitcoin is going to go. You went from a thousand to twenty thousand. Eventually, it dropped from twenty thousand 1987 in 1649 to ten and you nine eight seven, six, five four up to three: almost three thousand dollars, so you see how far collapsed yeah. Definitely there will be Corrections, and this is just a natural cycle of the markets, and this is just how things go. Usually you know I feel, like I hate pedrera crush hash trough will eventually correct back down. So, even if we were to make an entry for hadera hash graph, it would be too what's. I mean we will be, you know, making entries and XE as we go along, enter exit, enter exit, enter exit, we won't be holding it all the way, because we are pretty sure that moves such as T's will have big Corrections. So yeah we are staying patient and we are hoping that we get a higher quality continuation shot pattern over here and if we do get it, then potentially we could open a trade for h bar all right. So let's move on to H bar again cos DT before I please give this video a like if you enjoyed it subscribe to the channel, and let me know what you think about his bar in the comments below so for H, bar against us DT again.
Potentially, I think, that's how we could be on our merry way towards the upside. Potentially you could see it, but we would. We would not want to jump in over here, because any small correction will be brutal, even if you do if image. If you made entry here and we drop down to 0 and 6 on it, there will be a 46 decimation on the value of your of whatever it is that you're holding off on their hash graph on imaging, if you, you know put in 10000 here and It dropped you you'll be down four thousand dollars. That means whatever you had was it's now worth six thousand dollars so be very, very careful and not to rush into any trade again over here on buy names. There is zero resistance, there's, absolutely nothing stopping from his. There are hash trough to go further higher, but if you look over here for hadera hash graph against USD 37 cents, apparently sorry 36 cents it's always hard. Eventually, this will be the high that this will as a guide. This is this isn't exactly the higher I should've did not rise up to 26 cents, it's just that, potentially we could go up to 36 cents, we're at 7 cents right now, so 7 cents to 36 cents. Whoo yeah ergun is another 400, but nothing goes up in a straight line. So definitely there will be a correction. If not, there will be a proper continuation capital before h bar continues its path towards the upside, even if you were to go up without any continuations.
A patent eventually, it is going to correct back down, so do not worry about not getting any h bar, because eventually it will correct anything that rises. You know crazily such as this will correct back down crazily as well, so you have to be afraid of you know missing out on trees. There are always better opportunities and never rush into a trade. Imagine if we correct back down, let me just put out yeah already pulled up. Imagine if we corrected back down to 0.6 on it from the current price levels. If you just put in you know, let's say, for example, 10000. If you drop to 0 by 6 money again it's a 46 decimation, so you know we are going to be staying safer, we're, not gon na be making any moves to us upside. You can't shot a dara hash graph, so you can only go long. You can't go short the day where finance allows shorting, then yeah, probably heterotroph is going to drop low right now. The wheels can open any shot for h bar. So I think the wheels only be the price higher, but we want to be sure that you're not gon na drop any low before we make an entry all right, sir, I guess I say from my h bar technical analysis. Thank you very much for watching. I hope you enjoyed it.