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.
HIVE
HIVE Blockchain remains heavily bullishHeavily oversold just to get us back to our trend line which it bounced off nicely. Great buying opportunity at these levels. The only profitable miner in the space with less market cap than RIOT and MARA which are both heavily unprofitable at -0.55eps and -0.44eps respectively vs HIVE +0.045eps. You do the math...
Possible 2300%+ Return PlayShout out to Elliott with the wave.
We see a correction wave from the sharp increase at the beginning of price action history. Since then, we have been consolidating in an ascending wedge pattern (as step one of our new impulse wave). We may have now entered step 2 and are impending step 3.
HIVE 🔥Hello dear friends!🧡
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🧐 Notice how the rising wedge is formed when the market begins making higher highs and higher lows. All of the highs must be in-line so that they can be connected by a trend line. The same goes for the lows. It cannot be considered a valid rising wedge if the highs and lows are not in-line.
I would like to pay your attention to some of the cryptocurrencies that have been forming a falling wedge for several months.
Tell me, do you trade ALTCOINS / BITCOINS?🤔How are your results?
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Your Rocket Bomb🚀💣
Hive is mining Hive is mining
The price will fall a bit before marching higher as institutional investors realize this stock is linked to crypto.
HIVEUSDT ANALYSISBuy this coin when 1 candle open - close totally above the support line( $ 0,1681) it might be soon or
Try to catch EngineeringRobo ' s buy signal after buying this coin watch carefully EngineeringRobo' s sell signal
If you hold this coin don't hurry to sell it ,it might have really great opportunity
Have a good trade If you want to use EngineeringRobo please dm me.
HIVE/BTC (Testing Major Trendline Support)BITTREX: HIVEBTC
-The price is following this descending channel for quite some time now
-Every time the price pumps up, it always gets rejected by the trendline resistance
-It is now testing the major support trendline
-If HIVE can hold this zone, there might be another repeat history
-A retest of resistance area up to 2k sat - 2.4k sat
-Not financial advice but only a possibility in the midterm
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A Short Sell On HIVEUSDT? — 100DAYS OF TA, DAY 66Time Frame: Daily and 4Hour
Hi guys,
Welcome back! Day 66 of the 100 Days of TA is here! Today's spotlight is on HIVE (HIVEUSDT). I talked about HIVE next direction and the whys.
Have fun watching today's video! If you think there's something I should add or maybe there's any coin you have your eyes on? You can drop in the comment section.
Always remember that this is Technical Analysis and it's a game of probabilities.
Thanks for coming today!
See you tomorrow!
Micro Bullish Flag or H&S? It appears as though a bullish flag is forming for Hive.
KST is about to cross bearishly indicating there is potential for further downside action.
I have placed three blue finger icons that represent previous examples of micro head and shoulder patterns, the dark blue human icon is the head of potentially a Macro H&S and the two fingers would be the shoulders.
In dark green there's merit for a Macro Ascending Triangle, price target of approximately 1 dollar CAD if the pattern plays out bullishly.
Maybe the trend is endingmaybe downtrend is ending. I have my ideas about it:
1. The price went up from yellow rectangle several times. It means that there is a high probability that we have trend reversal and we might get uptrend.
2. lets say price goes up to pink triangle and hold for a long time . Trend reversal probability will be even higher And we might get uptrend.
3. If the price goes down from yellow rectangle then the trend probably will continue.
HVN Hiveterminal longer-term investment strategy...The chart is quite self-explanatory, but just to spell it out:
I already have a core position built up & ready to go.
IF given opportunity by crypto gods, I will accumulate more in zone 1... and may futher increase position size in zone 2
(IF price ever gets there)
There are NO PRICE/PERCENTAGE GAIN TARGETS because:
1. this is a LONG-TERM hold, big part of it beyond current (ATH).
2. given the low-volume nature of this coin (until bigger exchange listings), indicating points at which I intend to take profits would just needlessly invite front-running attempts
HIVE/BTC 8H (Binance) Descending channel about to break mid-lineFA: Hive is an hard-fork of Steem that occurred few months ago, it's a DeFi powering DApp ecosystem and also a Staking coin.
TA: 20EMA is holding price, I'm expecting mid-line channel to break-out and go for the upper-line, or maybe even break it too.
Current Price= 0.00002675
Buy Entry= 0.00002675 - 0.00002525
Take Profit= 0.00003080 |0.00003444 | 0.00004062
Stop Loss= 0.00002120
Risk/Reward= 1:1 | 1:1.76 | 1:3.05
Expected Profit= 18.46% | 32.46% | 56.23%
Possible Loss= -18.46%
Fib. Retracement= 0.5 | 0.786 | 1.272
Margin Leverage= 1x
Estimated Gain-time= 360h