HIVE/USDT - Hive: SuperTrend BBand Breakout

◳◱ On the HIVE/USDT chart, the Supertrend Bband Breakout pattern suggests an upcoming trend shift. Traders might observe resistance around 0.3761 | 0.4142 | 0.4815 and support near 0.3088 | 0.2796 | 0.2123. Entering trades at 0.3346 could be strategic, aiming for the next resistance level.

◰◲ General info:
▣ Name: Hive
▣ Rank: 305
▣ Exchanges: Binance, Huobipro, Gateio, Mexc, Hitbtc
▣ Category/Sector: Media and Entertainment - Content Creation and Distribution
▣ Overview: Hive is a platform for creating decentralized applications (dApps), specializing in content distribution apps, that originated from a contentious chain split with Steem. As a result of the fork, the Hive network contains all of the content previously deployed to Steem. The split arose from a protracted battle between the former Steem community and the Tron Foundation after the latter acquired popular Steem-based app, Steemit Inc., including its STEEM holdings. Hive intentionally did not distribute HIVE tokens to Steem accounts associated with Tron so their perceived adversary could not have a stake in the new network.

◰◲ Technical Metrics:
▣ Mrkt Price: 0.3346 ₮
▣ 24HVol: 1,172,934.055 ₮
▣ 24H Chng: -2.846%
▣ 7-Days Chng: -10.44%
▣ 1-Month Chng: -13.07%
▣ 3-Months Chng: 11.79%

◲◰ Pivot Points - Levels:
◥ Resistance: 0.3761 | 0.4142 | 0.4815
◢ Support: 0.3088 | 0.2796 | 0.2123

◱◳ Indicators recommendation:
▣ Oscillators: NEUTRAL
▣ Moving Averages: STRONG_SELL

◰◲ Technical Indicators Summary: SELL

◲◰ Sharpe Ratios:
▣ Last 30D: -2.04
▣ Last 90D: 1.08
▣ Last 1-Y: 0.57
▣ Last 3-Y: 0.74
◲◰ Volatility:
▣ Last 30D: 0.42
▣ Last 90D: 0.50
▣ Last 1-Y: 0.58
▣ Last 3-Y: 1.35

◳◰ Market Sentiment Index:
▣ News sentiment score is 0.82 - V. Bullish
▣ Twitter sentiment score is 0.63 - Bullish
▣ Reddit sentiment score is 0.67 - Bullish

▣ In-depth HIVEUSDT technical analysis on Tradingview TA page

snapshot

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