HIVEBTC trade ideas
Trading vs USD or vs BTC? Read Rocket Bomb 🚀💣thoughts 🔥Hello, my dear friends!♥️ THIS POST IS INFORMATIVE AND EDUCATIONAL ONLY! That's not a trading idea!🙅♀️
I created this post especially for beginners, who are interested in understanding altcoins trading! It's suitable on bullish market 🔥
Let's take a look at chart, I have prepared for You.👇
Many people ask why I often trade with Bitcoin?
I decided to prepare an answer on the chart for you by analyzing one of my last trades!
ATTENTION !! THAT'S ONLY MY EXPERIENCE AND IT CONCERNS MY STRATEGY , which I'm happy to share with you by my work here♥️
In October I bought Hive vs Bitcoin (and advised everyone), then Bitcoin was $ 19,500.
Unfortunately Hive continued falling and knocked out a conditional Stop Loss, which I decided not to use and continue holding it.
Frankly, it was long time and many times I wanted to sell at a loss!🤪
Only the growth of bitcoin helped me not to see a strong minus for this position!
In February, I saw a breakeven position for first time, but in dollars the position more than doubled due to the bitcoin rate. And now, in March, my chart has been fully worked out! And the position is closed at + 70% and the Bitcoin rate has grown x 2.3 times!
And in dollars this position rise up to 423%.Take a look 👇
I'm very pleased to share my experience with you, I sincerely wanna be useful to you, because my work here not only charting, that's my soul, my experience, my contribution to each of You! I really wanna be important and useful to YOU!♥️
YOU NEED ALWAYS START FROM LEARNING! So, let's develop together ♥️
Stay tuned by Rocket Bomb 🚀💣
HIVE-BTC concave bottomGreetings,
HIVE is one of the few instruments which barely rose during the summer 2020 alt-season to bitcoin, I even did an idea on it but there was no entry point and the idea was cancelled. It has been in a downtrend all this time, forming a falling wedge, which was broken in January. If you look at the daily or weekly chart, you can see that the price has entered the phase of gaining the position, and the angle of the descending trend has changed and formed a kind of base. Technically, on the daily and weekly chart you can see an arc and we can assume that the concave bottom or the bowl scenario will play out. Also, the volumes of the buyer have finally appeared.
On the daily chart, technically we can see the rising LOW prices, and not rising HIGH prices, i.e. an ascending triangle is formed. It is also possible to draw a trend from the last breakout around 650-800 satoshi.
When the triangle is broken up, we can say that the price has left the accumulation zone and an uptrend has begun, but in fact the price may keep in a downtrend channel until April, until it crosses the base of the arc and technically the concave bottom pattern will break down. Therefore, the price could easily drop to the bottom of the bowl this should be borne in mind. I will trade this formation if it breaks the triangle up and moves above 550 satoshi, it is also possible that it will give more risky entry point from the bottom of the bowl. Did a similar idea on QTUM.
Always use stop loss, and don't use trading leverage greater than x3.
A trader should always have tomorrow.
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HIVE/BTCScanning Binance coins that have not pumped, as they seem to be taking turns. HIVE I am familiar with as they forked from STEEM and I got a free bag, nonetheless another shit coin.
On the daily, we are seeing a bullish candlestick variation which may hold as support, anything below that this move is invalidated. RSI is building up and getting a cross on the LTF EMAs which I like to use on the weekly, but we haven't had any action on HIVE in a minute so this may be up next.
Also to note, if STEEM pumps, this may follow, vice versa.
Hive / BTC - Bullish divergence + volumeFollowing a heinous 90% drop in price action since April and oversold condition (orange and dark orange column), we now have an incredibly buy opportunity. Regular bullish divergence is apparent and with volume on the above 1-day chart.
1st target 150% from here.
4-day bullish chart - Price action exits oversold condition and crosses up 20 on the Stochastic RSI.
HIVE 🔥Hello dear friends!🧡
While Bitcoin has been sideways for several days, altcoins are giving just excellent results🔥🔥🔥
🧐 Notice how the rising wedge is formed when the market begins making higher highs and higher lows. All of the highs must be in-line so that they can be connected by a trend line. The same goes for the lows. It cannot be considered a valid rising wedge if the highs and lows are not in-line.
I would like to pay your attention to some of the cryptocurrencies that have been forming a falling wedge for several months.
Tell me, do you trade ALTCOINS / BITCOINS?🤔How are your results?
I try to be useful to You🧡
Always sincerely with You😊
Your Rocket Bomb🚀💣
HIVE/BTC (Testing Major Trendline Support)BITTREX: HIVEBTC
-The price is following this descending channel for quite some time now
-Every time the price pumps up, it always gets rejected by the trendline resistance
-It is now testing the major support trendline
-If HIVE can hold this zone, there might be another repeat history
-A retest of resistance area up to 2k sat - 2.4k sat
-Not financial advice but only a possibility in the midterm
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HIVE TREND REVERSAL hive to trying to change its trend from downside to upside
my targets
t1
3400
t2
3700
t3
4500
t4
5000
t5
5700
be careful btc.d is trying to move so plz pay a keen attention to that.
HIVE Hard-fork is tentatively set to 8 of September . this thing made him more feasible to buy.
do your own research before buying its not a financial advice.
remember me in your prayers.