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mnovo
May 13, 2021 2:37 PM

HIVE/ETH - approaching resistance 

HIVE DIGITAL TECHNOLOGIES LTDTSXV

Description

Comprehensive look at selling pressure levels
Comments
MCT1949
How about an update on HIVE/HVBT. A lot has happened since May. IMHO, we've been in a triple since the Feb high counting WXYXZ with us now in the C wave of Z. Z appears to be a zig zag coming off an x and beginning at 5/3. Wave B wave is essentially 2.618 x wave A in time (actually 2.58 or 98% of 2.618) and retraces A by shade over 61.8%. Since the standard for ZZs is price equality between A and C, this thing should finish at $1.43. I'm working off the HVBT chart in USD. Additionally, I'd expect this finish before their YE and Q4 come out which I believe is 7/29, from looking on SEDAR. Any comments / thoughts on what you're currently seeing? Cheers!
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