A Short Sell On HIVEUSDT? — 100DAYS OF TA, DAY 66Time Frame: Daily and 4Hour
Hi guys,
Welcome back! Day 66 of the 100 Days of TA is here! Today's spotlight is on HIVE (HIVEUSDT). I talked about HIVE next direction and the whys.
Have fun watching today's video! If you think there's something I should add or maybe there's any coin you have your eyes on? You can drop in the comment section.
Always remember that this is Technical Analysis and it's a game of probabilities.
Thanks for coming today!
See you tomorrow!
HIVE
Micro Bullish Flag or H&S? It appears as though a bullish flag is forming for Hive.
KST is about to cross bearishly indicating there is potential for further downside action.
I have placed three blue finger icons that represent previous examples of micro head and shoulder patterns, the dark blue human icon is the head of potentially a Macro H&S and the two fingers would be the shoulders.
In dark green there's merit for a Macro Ascending Triangle, price target of approximately 1 dollar CAD if the pattern plays out bullishly.
Maybe the trend is endingmaybe downtrend is ending. I have my ideas about it:
1. The price went up from yellow rectangle several times. It means that there is a high probability that we have trend reversal and we might get uptrend.
2. lets say price goes up to pink triangle and hold for a long time . Trend reversal probability will be even higher And we might get uptrend.
3. If the price goes down from yellow rectangle then the trend probably will continue.
HVN Hiveterminal longer-term investment strategy...The chart is quite self-explanatory, but just to spell it out:
I already have a core position built up & ready to go.
IF given opportunity by crypto gods, I will accumulate more in zone 1... and may futher increase position size in zone 2
(IF price ever gets there)
There are NO PRICE/PERCENTAGE GAIN TARGETS because:
1. this is a LONG-TERM hold, big part of it beyond current (ATH).
2. given the low-volume nature of this coin (until bigger exchange listings), indicating points at which I intend to take profits would just needlessly invite front-running attempts
HIVE/BTC 8H (Binance) Descending channel about to break mid-lineFA: Hive is an hard-fork of Steem that occurred few months ago, it's a DeFi powering DApp ecosystem and also a Staking coin.
TA: 20EMA is holding price, I'm expecting mid-line channel to break-out and go for the upper-line, or maybe even break it too.
Current Price= 0.00002675
Buy Entry= 0.00002675 - 0.00002525
Take Profit= 0.00003080 |0.00003444 | 0.00004062
Stop Loss= 0.00002120
Risk/Reward= 1:1 | 1:1.76 | 1:3.05
Expected Profit= 18.46% | 32.46% | 56.23%
Possible Loss= -18.46%
Fib. Retracement= 0.5 | 0.786 | 1.272
Margin Leverage= 1x
Estimated Gain-time= 360h
HIVE/BTC Ready For 50% so I am buying here ( Fresh Setup)#HIVE/BTC Bullish Update:-
#HIVE Looks Very Strong at this Point.
And Chart looks Very Promising.
I am buying here at Current Market Price.
Entry:- CMP ( Current Market Price )
Target 1:- 3177 Satoshi
Target 2:- 3439 Satoshi
Target 3:- 3685 Satoshi
Stop Loss:- 2511 Satoshi
Why i am Buying..?
👉 According To Technical Analysis Chart Looks Very Strong ( Bullish ).
👉 Fundamental also Very Strong.
👉 50EMA Working As a support.
Fundamental..?
#HIVE Team Recently Announce #HIVE Hardfork so this is also Big News.
So I am buying and I can expect Minimum 30% to 60% Profit
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