Hi dear friends , hope you are well and welcome to the new trade setup of Hive coin with US Dollar pair.
Previously we caught a nice pump of HIVE:
Now on hourly time frame, HIVE has formed a bullish Cypher pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Hi dear friends, hope you are well, and welcome to the new update on Hive coin.
Previously we had a nice harmonic trade of HIVE:
Now On a 4-hr time frame chart, HIVE has formed a bullish BAT pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
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HIVEUSDT - Daily
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The price has broken a very good trend.
It can be the best entry point in the pullback.
In terms of wave count, we are in wave 3.
If the price accelerates, the second target is available.
Everything will depend on the market situation
But I think we will see the second target.
Maybe after hitting the...
Bear and Bull view using 60M timeframe.
1. Bear View:
Hive is in currently following a downtrend pattern with LLs and LHs.
A fib retracement has indicated that a new low is made at 161.8%. The new low has been respecting its trend line (in blue) till now. With a recent pull back, another lower low is expected to retrace at 161.8% level again which same mean the...
Using 15M time frame.
1. Channelled Pattern
2. Buy at the support of 39.5 range
3. Have a stop loss at 39.05 using Fib retracement at (0.88)
4. Fib Extension suggests a sell target 1 at around 42.1 and sell target 2 at around 44.1 levels
5. Profit expected: 7-12%
6. Stop loss at: 1.5%
Happy trading
HIVE/BTC
-approaching previous resistance
-has the potential to become new support
-50ma also coincide in that area
-the price drop over 50% from the high
-no lower high has been made
-it is likely we could see a minor pump
-keep an eye on this level 5200-5000s
About Hive Dollar
Hive is a Graphene-based social blockchain launched on 03/20/2020 with the core idea of decentralization. Hive's prime selling points are its true decentralization, speed and scalability. Other notable features include it having the lowest entry-barrier for user adoption in the market, time delay security, integrated token allocation, and the...
