Hi all, morning coffee time. HBD made a higher low in daily timeframe. And after the drop yesterday it made a Adam Eva Formation. + Volume is good swell. This is very likely to go back up again. Have a great day. Contact me for premium member of my trade calls. Cheers. (Not a trading advice.)
Hive appears to be trading in a Bullish Flag, or possibly a Descending Triangle with a Double Top to compliment the bearish narrative.
Bear and Bull view using 60M timeframe. 1. Bear View: Hive is in currently following a downtrend pattern with LLs and LHs. A fib retracement has indicated that a new low is made at 161.8%. The new low has been respecting its trend line (in blue) till now. With a recent pull back, another lower low is expected to retrace at 161.8% level again which same mean the...
Using 15M time frame. 1. Channelled Pattern 2. Buy at the support of 39.5 range 3. Have a stop loss at 39.05 using Fib retracement at (0.88) 4. Fib Extension suggests a sell target 1 at around 42.1 and sell target 2 at around 44.1 levels 5. Profit expected: 7-12% 6. Stop loss at: 1.5% Happy trading
If a cryptocurrency bull market plays out like I think it will, stocks related to cryptos will benefit. This is a good one to keep an eye out on. It has broken out of its bearish wedge and appears readying a move higher.
Hive appears to be breaking out from a Ascending Triangle. With the Halving approaching in less than a month & China officially launching their own Digital Currency recently, there's Macro bullish sentiment that surpasses the positive crypto environment that resulted in Hive going parabolic along with Bitcoin & Ethereum. McDonald’s and Starbucks are reportedly...
There's not much I can say about this coin o.O bc it's new lol... GLHF, day trading is a habit and crime, trade at your own risk.
StEEM HiVE lOsT eQuILibRUM StEEM nEED PuMP 🐍🐍
About Hive Dollar Hive is a Graphene-based social blockchain launched on 03/20/2020 with the core idea of decentralization. Hive's prime selling points are its true decentralization, speed and scalability. Other notable features include it having the lowest entry-barrier for user adoption in the market, time delay security, integrated token allocation, and the...
thinking out loud about HIVE, ETH, the market sentiment et al...
Possibly a descending triangle as well, but the RSI is fairly low on a 1 Month chart which indicates there's room for appreciation before becoming overbought. One thing I find very interesting is the fact that Hive has traded 321,456,046 shares in the past month, keep in mind Hive only has roughly 327M shares outstanding, huge volume surpassing the 2017...
As per Request. We cover HIVE mining and capital investment.
Here's a 1 year chart comparing Bitcoin in the yellow, Hut 8 in the Red, Hive in the Green, ETH is the Blue Line & GLXY the Purple line, the 200 Day MA is the Black line. It's possible this parabolic rise in Hive is correlation coming back between Ethereum & Hive, it would possibly explain the uptick even when ETH is red.
Or maybe a descending triangle, only time will tell. There's merit for a Inverse Head & Shoulders pattern as well.
Ethereum has been struggling this past week, however it is maintining a larger upwards trend, even now over the weekend, there has been no serious dips. Still want to see it pick up some speed some time soon, and if the larger markets decide to take another run downwards, that could be a catalyst, but we never know now do we :) I'm Long in $HIVE.V as my crypto...