HIVE trade ideas
Can The Bee HIVE Save the Company.HIVE in sight of impending danger, can bulls hold the zone or can we see a structure Retest + IMB fills.
Even after calculating the holdings we can see HIVE has failed to sell at every crypto run up, HODLING at its finest.
Can we see HIVE get revived and make a turn around to chase down RIOT
Hive This is one to watch here. We had. Very nice push up and seeing a pull back here. I have uptrend support here around 2.22. This is a level I’m willing to pick up as potential support. If we can hold it and turn around on a 15 min or even better a 1 hour this will confirm support on this uptrend. Enter how you wish. My levels of added are 2.22 and I’ll keep a close eye on any bearish trend breaks. For now I’m only targeting 2.42. But if we pop that then this can really fly
Trading HIVE with Fib Speed Resistant Fan toolsSetup Fib Speed Resistant Fan based on high. Use the tool t9 determine the support and resistant of the price. If the price not reaching the upperline(resistant), the price will pulkback to nearest support. Suitable for intraday, swing or even scalping with using the tool at the smaller timeframe. Every colored zon determine the volatality with the orange zone is the most bullish trend.
HIVE looks good hereBTC and ETH could hit all time highs this week. Crypto miners are sure to benefit if that happens. While RSI looks a bit high on this one, the top of my drawn out channel suggests a $4.00 price tag could be a reality in the near future. I think a better chance of a 10-20% run up than 10-20% breakdown.
I'll take a swing here and likely hold as long as it stays inside the drawn out channel (while taking profits on the way up).
Obviously the crypto markets have to stay strong for this trade to pan out. HIGH risk HIGH reward
$HIVE Long targets and Stop LossHello Friends,
I am still Long $HIVE and $SDC.
My target for HIVE if we go pass previous high of $5 are
TP1: 8-9.20
TP2: 10-12.40
TP3: 13.20-15
SL is 5.75
Entry was below 3.00 but it is still good time to add a few hundred shares for this position.
I have included my fib retracements to help guide me and others who are thinking the same.
A Bit of Background:
HIVE is the biggest ETH miner right now. They are a North American cryptocurrency miner.
Potential 24% Plus Gain on Hive Blockchain TechnologiesCompany Profile
Sector
Information Technology
Industry
Software
Company Location
Vancouver, BC
HIVE Blockchain Technologies Ltd. operates as a cryptocurrency mining company in Canada, Sweden, and Iceland. It is involved in the mining and sale of digital currencies, such as Ethereum, Ethereum Classic, and Bitcoin. The company was formerly known as Leeta Gold Corp. and changed its name to HIVE Blockchain Technologies Ltd. in September 2017. HIVE Blockchain Technologies Ltd. was incorporated in 1987 and is headquartered in Vancouver, Canada.
First Target: $3.75
Second Target: $4.50
Third Target: $5.75
Stop Loss: 4% or $2.77 +/-
Potential Gain: 24%+
These are my opinions and not advice. Always do your own due diligence and manage risk as you see appropriate.
#thedailyinvestor
Bullish Up Wave 5 and Inverted H&SSeems we will be going up to wave 5 as per the shown targets. Also Fib levels show the same in confluence. Moreover, there is an inverted head and shoulders pattern potentially forming.
I am not a financial advisor and this is not financial advice. It is merely a potential or opinion. Invest at your own risk and do your own research.
Bullish Up Wave 5 and Inverted H&SSeems we will be going up to wave 5 as per the shown targets. Also Fib levels show the same in confluence. Moreover, there is an inverted head and shoulders pattern potentially forming.
I am not a financial advisor and this is not financial advice. It is merely a potential or opinion. Invest at your own risk and do your own research.