HIVE
HIve, GLXY, Hut 8, Bitcoin. ETHHere's a 1 year chart comparing Bitcoin in the yellow, Hut 8 in the Red, Hive in the Green, ETH is the Blue Line & GLXY the Purple line, the 200 Day MA is the Black line.
It's possible this parabolic rise in Hive is correlation coming back between Ethereum & Hive, it would possibly explain the uptick even when ETH is red.
Is Hive trading in a Bull Flag?Or maybe a descending triangle, only time will tell.
There's merit for a Inverse Head & Shoulders pattern as well.
Time to rally $ETHEthereum has been struggling this past week, however it is maintining a larger upwards trend, even now over the weekend, there has been no serious dips. Still want to see it pick up some speed some time soon, and if the larger markets decide to take another run downwards, that could be a catalyst, but we never know now do we :) I'm Long in $HIVE.V as my crypto play, and will stay there as long as $ETH stays the course.
HIVE HIVE BLOCKCHAIN IS GOING TO MAKE A BREAKOUT TO THE UPSIDE SOON RATHER THAN LATER. ISSUES WITH GENESIS RESOLVED THATS WHAT WAS NEEDED. ONE OF THE BIGGEST ETH MINING FACILITIES WITH UP TO 20MW GREEN CHEAP POWER. LOOKING FOR 10X. GOOD LUCK
MGTI looks like a good small cap OTC bitcoin play right nowPeople will remember it, and John Mcafee pumped it. Looks like it is starting to breakout. Update with the financials later
Ascending Triangle or Descending Triangle.It's more than likely the descending triangle plays out with Hive, unless clarity on the situation with Genesis happens sooner rather than later.
Even if Bitcoin & Ethereum continue the upward parabolic trend, Hive has lost some or basically most of it's correlation to the two assets, which at one time was "roughly" 94%.
Time will tell per usual.
Is Hive going to break resistance & test 80c?Hive is trading over 4M shares on all exchanges, we may see a gap here shortly.
Hive was trading roughly 94% in correlation to Bitcoin & Ethereum before the attempted takeover by Genesis Mining.
Time will tell per usual.
Ascending Triangle breakout?It appears as though Hive may breakout of this ascending triangle & test resistance at 62c.
Time will tell per usual.
Hive is trading back into an ascending triangle.It would be nice to see a flush break above 54c & test the resistance at 62c next week.
Time will tell per usual.
MFI in the WAY oversold region , Major Andre trigger support#hive MFI has only ever been in these number two other times in the companies recent history and is quite over sold at least for the time being, the 0.46 level has held for the past few days with a static support of recent floor and also the Andrew fork trigger line support (im yet to see this trigger fail) , with last nights break out on #BTC and the company CEO being more and more vocal all over youtube, next few days may be interesting, however more risk averse play would be hold of till the main trend is reclaimed and prices solidify over the 0.6 marker.
Key levels being tested for Hive , make or break pointFollowing the dispute news between Hive and Gen we saw a 24% decline today which from a technical stand point only did the much needed pull back to the broken major resistance of BTC 4300. Should we see the bottom channel support I think it will be evidence that the trend has not reversed. Also there is some major static support here as well. #hiveblockchain
Hive still trading above Ascending Triangle breakout.The uptrend for Hive is still intact.
Hive broke through two channels with news yesterday about Genesis attempting to take control of the board.
I think now that the market has had a chance to shake weak hands, we may start to continue the uptrend, as long as Ethereum & Bitcoin do as well.
Time will tell per usual.
Hive is still trading above the Ascending Triangle breakout.If Hive consolidates above the ascending triangle & continues higher the trend is still bullish.
Time will tell per usual.
Bitcoin trading at 2019 ATH. Approaching resistance!$5,635.2 USD is where my resistance for Bitcoin is.
I think Bitcoin is getting ready to Moon to $6,351.0 USD area.
Keep your eyes on Hive Blockchain, they are currently Halted due to Genesis Mining attempting to takeover control of the board!
Fidelity is the second largest shareholder!
Hive is trading roughly 90% in correlation to Bitcoin & Ethereum.
Ethereum is about to retest resistance at $182.01ish USD. Ethereum has consolidated above the Ascending Triangle breakout in early April, which is important when trying to reverse a bearish Macro trend. Old resistance should become new support, and that's exactly what happened.
I'm expecting Ethereum to break out of the first channel above the Ascending Triangle I talked about previously by the end of this weekend, "potentially."
Keep an eye on Hive Blockchain Technologies, they're trading roughly 90% in correlation to Ethereum & Bitcoin!
Time will tell per usual.
BITCOIN ? OR MORE ? CRYPTO FARM ASSETSHIVE crypto farm miners in Sweden, Iceland etc. Blockchain infrastructure company. Cost-effective power energy politically stable jurisdictions (Iceland & Sweden) with access to low cost green/renewable energy. Mining and sale of digital currencies. Perfect asset exposure to crypto market. HUGE upside potential. Hopefully it will work out. Recently we have seen some nice buying volume. Price broke above downward trend line RSI weekly oversold + divergence. Possible crash is absolutely a possibility buy its worth to try. GOOD LUCK
Hive Blockchain Short Term ForecastThe bottom is almost here, I see us going to .415 cents as the bottom before the next leg up.
HIVE - Future Forecast Prediction (BTC, ETH, ETC, XRP)This is another chart similar to my last HIVE but with all 4 major coins im following. This is just a future forecast prediction.
Hive Blockchain - Future Projection PlanIn correlation with my SPY Project, this is where I see the crypto market heading.
HIVE.ca (TSX) LONGGreat set up on this blockchain stock. A green close on the weekly here could show signs of trend reversal. $HIVE.ca $GBTC
HIVE ready for takeoff?Seeing lot's of green shoots in HIVE - We need to break up that blue downward channel to confirm bullish trend change.
