AlanSantana

✴️ Hive Next In Line (155% - 372% Bullish Wave Next)

Long
BINANCE:HIVEUSDT   HIVE / TetherUS
Good Monday my fellow Cryptocurrency trader, I hope you are a wonderful week.

Notice here the yellow area on the chart, a long-term support level.

HIVEUSDT has been playing with this range for a long while.
- It all starts in June 2021 when it pierced below it.
- This same level becomes the market bottom in December 2022.
- A bounce happens June 2023 as soon as this range is hit.
- Then again in September 2023.

Starting November 2021 there was a strong decline. After HIVEUSDT hit this range, the decline stopped completely, no new lows.

- Finally a higher low in January 2024 and we have three weekly sessions green.

Seeing that so many pairs grew strong after coming out of a similar pattern, we can expect Hive to do the same.

We have subtle signals pointing to a bullish breakout. This whole pattern looks like an accumulation phase.

After the accumulation starts the a new wave.

Namaste.

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