Another Canadian-specific play, via TSXV (venture index)
Felt stupid for buying at 2.81, after a couple of days, break-higher out of the bull-flag formation has confirmed. Considering adding more to this on a correction, which might be starting. Have a very small position and would like to have a better dollar-cost average in case this becomes a long term hold...
Hive has consolidated into a bullish flag over the past several weeks and is currently breaking the downward sloping resistance of the pattern to the upside.
On the KST there's a noticeable bullish cross.
On the RSI we're seeing higher highs and higher lows forming an Ascending Triangle.
There's merit for an Inverted H&S as well, see the chart below attached.
Shout out to Elliott with the wave.
We see a correction wave from the sharp increase at the beginning of price action history. Since then, we have been consolidating in an ascending wedge pattern (as step one of our new impulse wave). We may have now entered step 2 and are impending step 3.
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 #cryptotrading rally is also supporting #blockchain stocks. See $HVBTF .Technically a breakout out of the range could continue the trend. Next price target would then be at $2.94
What would a bee do when it saw a pennant about to break out?
If you buy Silver and Gold miners, why are you not buying Bitcoin/Ethereum miners?
About HIVE blockchain right form their website: HIVE Blockchain Technologies Ltd. is a growth oriented, TSX.V-listed company building a bridge from the blockchain sector to traditional capital markets. HIVE owns...
Heavily oversold just to get us back to our trend line which it bounced off nicely. Great buying opportunity at these levels. The only profitable miner in the space with less market cap than RIOT and MARA which are both heavily unprofitable at -0.55eps and -0.44eps respectively vs HIVE +0.045eps. You do the math...
Scanning 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...
Spending some time in the world of financialisation of blockchain and cryptocurrencies. HIVE looks like an interesting player that has recently garnered some attention. Vancouver based and they specialize in ETH mining which will prove interesting because ETH is scheduled to be proof of stake...not so sure, have a bid in for a small amount of shares as I have...
Buy this coin when 1 candle open - close totally above the support line( $ 0,1681) it might be soon or
Try to catch EngineeringRobo ' s buy signal after buying this coin watch carefully EngineeringRobo' s sell signal
If you hold this coin don't hurry to sell it ,it might have really great opportunity
Have a good trade If you want to use EngineeringRobo please dm me.
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...
