HIVE: either buy this dip or GIVE UP TRADING ALTOGETHER!!either buy this dip or GIVE UP TRADING ALTOGETHER!
this is your last chance in my Opinion: $8, $27, and if Ethereum goes past $8k, then I say even $40 is possible for this stock!
HIVE
HIVE-BTC concave bottomGreetings,
HIVE is one of the few instruments which barely rose during the summer 2020 alt-season to bitcoin, I even did an idea on it but there was no entry point and the idea was cancelled. It has been in a downtrend all this time, forming a falling wedge, which was broken in January. If you look at the daily or weekly chart, you can see that the price has entered the phase of gaining the position, and the angle of the descending trend has changed and formed a kind of base. Technically, on the daily and weekly chart you can see an arc and we can assume that the concave bottom or the bowl scenario will play out. Also, the volumes of the buyer have finally appeared.
On the daily chart, technically we can see the rising LOW prices, and not rising HIGH prices, i.e. an ascending triangle is formed. It is also possible to draw a trend from the last breakout around 650-800 satoshi.
When the triangle is broken up, we can say that the price has left the accumulation zone and an uptrend has begun, but in fact the price may keep in a downtrend channel until April, until it crosses the base of the arc and technically the concave bottom pattern will break down. Therefore, the price could easily drop to the bottom of the bowl this should be borne in mind. I will trade this formation if it breaks the triangle up and moves above 550 satoshi, it is also possible that it will give more risky entry point from the bottom of the bowl. Did a similar idea on QTUM.
Always use stop loss, and don't use trading leverage greater than x3.
A trader should always have tomorrow.
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HIVE/USDT spiked and gave us >100%Hive spiked today and is currently retesting its previous last resistance.
I hope everybody took some profit.
Either Hive consolidates and will spike upwards are drop back to get some more momentum for the next run.
Enjoy the ride and don't be too greedy.
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Cheers
Ascending Channel for Hive?If Hive breakouts of the channel to the upside it would indicate that the price will rally further, and on the contrary, if it breaks below it could indicate further downside price movement.
On the RSI there has been a series of higher lows since late January this year, and the higher lows started occurring coinciding with the price bouncing off the bottom of the channel, potentially forming an Ascending Triangle pattern on the RSI.
On the DMI there have been two bullish crosses where I've placed the green finger icons.
For those looking to capitalize on BTC / ETH, I present HIVEAnother Canadian-specific play, via TSXV (venture index)
Felt stupid for buying at 2.81, after a couple of days, break-higher out of the bull-flag formation has confirmed. Considering adding more to this on a correction, which might be starting. Have a very small position and would like to have a better dollar-cost average in case this becomes a long term hold much like QBTC. Hive is a mining company that mines cryptocurrency. The issue is that they mine ETH...which is headed for proof of stake. Hoping they mine a ton and just stake it as a strategy. Only the future will tell, and keeping it small just in case.
HIVE blockchains Squeeze - Most shorted stockJim Cramer :
'When i had an hedge fund and i wanted to short a stock, i would use 10 to 15 millions to push down sentiment. Sentiment is all we have today.
When i would see a buyer coming i would sell big against him quickly to kill the sentiment.'
Hello everyone!!
This stock is set to become the biggest public blockchains crypto mining company surpassing RIOT and others concurrents.
This stock will get squeeze to at least 20$ . That company actual earnings are far from representing the future earnings of the company.
This is a company of tomorrow and right know all i see is the same setup i saw so many times before a big move up.
We wont sell the shares at those price, -50% or +50% is nothing for us at that price. We will buy more and you will get squeeze.
Have fun my little deplorable!
HIVE is completing bullish BAT for Up to 13% profit moveHi fiends, hope you are well and welcome to the new update on Hive coin.
On the small-time period 4-hour chart, the price action of Hive is completing the final leg of bullish BAT and soon it will be entered the potential reversal zone. There is also 200 simple moving average support below the buying zone.
Possible profit and loss ratio:
This trade has a profit possibility of 13% and the loss possibility is only 2%
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.
For exact buy and sell targets for this trade, and other harmonic trading signals you can join:
www.patreon.com
HIVE Blockchain Bullish $4 CAD Short Term Price TargetAssuming BTC keeps its momentum going into tomorrow morning, HIVE.VN is set to have a very big day and week next week. Sitting dead nuts on top of this trendline poised for a massive breakout to the upside. HIVE remains the most profitable miner in the space, with far less market cap than some of its competitors. This is an easy long here.
HIVE/BTCScanning Binance coins that have not pumped, as they seem to be taking turns. HIVE I am familiar with as they forked from STEEM and I got a free bag, nonetheless another shit coin.
On the daily, we are seeing a bullish candlestick variation which may hold as support, anything below that this move is invalidated. RSI is building up and getting a cross on the LTF EMAs which I like to use on the weekly, but we haven't had any action on HIVE in a minute so this may be up next.
Also to note, if STEEM pumps, this may follow, vice versa.
(HVBTF): HIVE BLOCKCHAIN $18-$27 TARGETIf Ethereum does what I think (hit $5000-$8000) this cycle, then HVBTF should easily reach the $18-$27 target in a blow off top!
Bull Flag breakout for HIVE!!Hive has consolidated into a bullish flag over the past several weeks and is currently breaking the downward sloping resistance of the pattern to the upside.
On the KST there's a noticeable bullish cross.
On the RSI we're seeing higher highs and higher lows forming an Ascending Triangle.
There's merit for an Inverted H&S as well, see the chart below attached.
HIVE Blockchain - What does a bee do when What would a bee do when it saw a pennant about to break out?
If you buy Silver and Gold miners, why are you not buying Bitcoin/Ethereum miners?
About HIVE blockchain right form their website: HIVE Blockchain Technologies Ltd. is a growth oriented, TSX.V-listed company building a bridge from the blockchain sector to traditional capital markets. HIVE owns state-of-the-art green energy-powered data centre facilities in Canada, Sweden and Iceland, which produce newly minted digital currencies like Bitcoin and Ethereum continuously on the cloud. Our deployments provide shareholders with exposure to the operating margins of digital currency mining as well as a portfolio of crypto-coins.
Looking at HIVE on the TSX-VSpending some time in the world of financialisation of blockchain and cryptocurrencies. HIVE looks like an interesting player that has recently garnered some attention. Vancouver based and they specialize in ETH mining which will prove interesting because ETH is scheduled to be proof of stake...not so sure, have a bid in for a small amount of shares as I have limited capital at the moment.
Putting in a small order near 2.32 with an assignment to do some more study of this company. Not in a hurry to buy as I am not fully convinced that with Proof-of-Stake, their venture will find profit in the long term.