Bitcoin trading at 2019 ATH. Approaching resistance!$5,635.2 USD is where my resistance for Bitcoin is.
I think Bitcoin is getting ready to Moon to $6,351.0 USD area.
Keep your eyes on Hive Blockchain, they are currently Halted due to Genesis Mining attempting to takeover control of the board!
Fidelity is the second largest shareholder!
Hive is trading roughly 90% in correlation to Bitcoin & Ethereum.
HIVE
Ethereum is about to retest resistance at $182.01ish USD. Ethereum has consolidated above the Ascending Triangle breakout in early April, which is important when trying to reverse a bearish Macro trend. Old resistance should become new support, and that's exactly what happened.
I'm expecting Ethereum to break out of the first channel above the Ascending Triangle I talked about previously by the end of this weekend, "potentially."
Keep an eye on Hive Blockchain Technologies, they're trading roughly 90% in correlation to Ethereum & Bitcoin!
Time will tell per usual.
BITCOIN ? OR MORE ? CRYPTO FARM ASSETSHIVE crypto farm miners in Sweden, Iceland etc. Blockchain infrastructure company. Cost-effective power energy politically stable jurisdictions (Iceland & Sweden) with access to low cost green/renewable energy. Mining and sale of digital currencies. Perfect asset exposure to crypto market. HUGE upside potential. Hopefully it will work out. Recently we have seen some nice buying volume. Price broke above downward trend line RSI weekly oversold + divergence. Possible crash is absolutely a possibility buy its worth to try. GOOD LUCK
HIVE has been very quiet. Sleeping giant is about to take off!HIVE has an option to acquire at least four additional data centres from Genesis in Iceland and/or Sweden.
Sweden Phase 1 is the first digital currency mining facility jointly constructed by HIVE and Genesis Mining Ltd. (“Genesis”), the world’s largest digital currency mining hashpower provider. Sweden Phase 1 was completed on budget and utilizes custom Genesis-designed A2 mining rigs that are more efficient than prior generations. Genesis is HIVE’s strategic partner and major shareholder and operates the Company’s facilities under a master services agreement.
Wake me at the end of 2018 for my 10x return.
HIVE -Downward channel breakout long from $4.53 to $6.43 & highHIVE seems running within an short term & Longer term downward channel. It seems getting ready to breakout the channel formation. It has some insider buying. We think it has very good upside potential.
* Trade Criteria *
Date First Found- November 6, 2017
Pattern/Why- Downward channel breakout
Entry Target Criteria- Break of $4.53
Exit Target Criteria- 1st Target $6.43, 2nd Target $6.83, 3rd Document $9.83
Stop Loss Criteria- $4.11
Please check back for Trade updates. (Note: Trade update is little delayed here.)
HIVE -Upward Momentum Long formation from $5.22 to $5.87 & $6.43HIVE is in a upward momentum move from quite a while. Moneyflow is going very bullish & it also have insider buying. Over all looks very interesting Long potential.
* Trade Criteria *
Date First Found- June 19, 2017
Pattern/Why- Upward Momentum trade
Entry Target Criteria- Break of $5.22
Exit Target Criteria- 1st Target $5.87; 2nd Target $6.43
Stop Loss Criteria- $4.83
Please check back for Trade updates. (Note: Trade update is little delayed here.)
HIVE - Potential intraday Long setupHIVE had a nice rally & possibly getting ready for another breakout. We would be watching intraday for long entry.
* Trade Criteria *
Date first found- June 15, 2017
Pattern/Why- Breakout trade
Entry Target Criteria- Watching intraday tomorrow
Please check back for Trade updates. (Note: Trade update is little delayed here.)