HIVEBTC
HIVE-BTC can gives us at least 25%!>>> Daily candle closed above 21 MA.
>>> Double bottom at 2400.
>>> Testing the horizontal resistance at 2750-2800 for the 4th time in 2 weeks. Likely to break this time.
On successful break of resistance, wait for a retest to buy.
Stop Loss below 2400.
Resistance: 3462-3536 (25%)
Since its a newly listed coin, other resistance area cant be known atm.
HIVE IS ON BREAKOUT ZONE (+200%) OPPORTUNITY Looks like HIVE is on break out zone and soon we see a big move on it.
TARGETS
S1
3700
s2
6100
s3
7100
stop loss
2410 sats
plz first do your own research
god bless you
HIVEBTC: Swing Trade HIVE seems to form 3 corrective waves ABC.
Size of Wave C can be the same as wave A. This suggest the buy levels to be around 2550-2650 points
The target can be @100% profit i.e., around 5050 - 5300 levels
Alternatively, it could be a 5 waves pattern with Wave 3 forming at 650 levels. So when buying at 2550 levels, keep a stop loss at 2350
HIVEUSDT: Bear and Bull View (07.05.2020)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 price level of 0.21 and the same shall again respect the trend line. Moreover, the volume looks weak at this point for the bulls to enter anytime soon.
2. Bull View:
With the recent listing at Binance, the price surged upto 0.92 levels and corrected back till 0.3 levels. The price currently seems to build its support at 0.35 levels. A Fib extension suggests another surge in price to 61.8% which would give us the first target at 0.6. A further extension to 100% shall give us the Target 2 at 0.8.
To summarize:
Next Lower low: 0.21
Target 1: 0.60
Target 2: 0.80
Stay careful with this trade and don't put all eggs in one basket !
HIVEUSDT: Day trade 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