HIVE double bottomMost probably a high risk entry but I am bullish bitcoin so yeah, LONG!
Not financial advice
HIVE trade ideas
HIVE – Trade Setup - short pain for long gainz Short term risks for long term gainzzz
3h,4h and daily charts indicate heavy oversold conditions which make this a good opppr for the contrarian play, to target $3 levels for a 30% upside.
However we need to reclaim key levels of support first….
🔹 **Trade Direction:** Short (Bearish)
🔹 **Entry:** ~$2.05
🔹 **Stop Loss:** $2.25 (above recent resistance)
🔹 **Target 1:** $1.85 (previous demand zone)
🔹 **Target 2:** $1.60 (key psychological level)
📊 **Probability & Justification:**
- **Momentum:** Strong bearish momentum with lower highs and lower lows.
- **Indicators:** Oversold conditions on stochastic RSI but no bullish divergence yet.
- **Moving Averages:** Price below 50 & 200 EMA, confirming a downtrend.
- **Volume Profile:** Increasing sell pressure suggests further downside.
⚠️ **Risk Considerations:**
- Oversold bounce possible; manage risk accordingly.
- Potential support at $1.85 – monitor reaction before holding further.
📉 **Bias:** Bearish unless price reclaims $2.25+ with volume.
$HIVE Short Term Swing FormationsNASDAQ:HIVE in a critical spot to watch to determine market direction after significant period of consolidation.
Looking for break below blue trendline to invalidate.
Looking for convincing vol to break $4.20-$4.70 resistance and test of purple trendline for breakout.
You see head and shoulders breakdown, I see quick $$Algo vs. head and shoulders smackdown -- who's gonna win? (said in my most bobastic sounding voice) To be honest, both COULD be right. I can win short term and the breakdown could be real.
Uptrend line from the May low is still intact and I always listen to my algo on the miners because the wins are usually fat compared to others, plus it has already corrected 40% and Bitcoin hasn't. While the miners are always leveraged plays on bitcoin in both directions, 40% seems extreme to me.
I traded it during the March-May 50% correction and made money then, so entering after a 40% drop already happened makes this a much higher probability trade. I may cut it loose early if I can get a big win before the end of the day on Monday, though.
Per my usual strategy, as long as the position is open, I'll add to my position at the close on any day it still rates as a “buy” and I will use FPC (first profitable close) to exit any lot on the day it closes at any profit.
As always - this is intended as "edutainment" and my perspective on what I am or would be doing, not a recommendation for you to buy or sell. Act accordingly and invest at your own risk. DYOR and only make investments that make good financial sense for you in your current situation.
HIVE 189RAnother good opportunity here on HIVE.
189R.
I’m expecting HIVE to start becoming an out-performer in a few weeks time.
HIVE, Crypto/Blockchain play. Early momentum, Longer timeframe trade with 1/2 risk to compensate a larger drawdown.
This trade has huge upside potential, momentum is onside with potential for 100+ % gains.
HIVE Long 72RExpecting a big move up in HIVE.
It has a very nice looking consolidation pattern after the break above the significant downward sloping accumulation pattern over to the left.
The risk to reward ratio is 72.
I think this is a trade which warrants a 5% risk which would net a 360% gain or 4.6x return.
The divergence between the miners and BTC is significant now and with the bull market in bitcoin most likely continuing it should only be a matter of time until HIVE starts move up a pace similar to that of the previous bull market.
Bullish Reversal?Based on the technical data I have graphed. Seems to be a bullish reversal in the short term, hoping that the support holds for more upside. Stay alert and watch the support levels for break away or break down. Good luck investors/traders.
Purely my opinion based on technical data and not financial advice!
Buying $HIVE hereAfter nice pullback to MA i think this is a good entry for crypto miners.
NASDAQ:MARA share offering pulled some down to nice levels for entry's
HIVE Digital Technologies Options Ahead of EarningsAnalyzing the options chain and the chart patterns of HIVE Digital Technologies prior to the earnings report this week,
I would consider purchasing the 5usd strike price Calls with
an expiration date of 2024-12-20,
for a premium of approximately $0.50.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Bullish Pennant breakout for Hive! $39 CAD price target.Hive appears to be trading in multiple bullish patterns.
Noticeably the stock is creating higher lows and higher highs forming a bullish pennant & a crude bull flag pattern.
Hive has bounced off the upward sloping support of the pattern 4-5 times, displaying strong support for the bulls.
Considering Hive is correlated to the price of Bitcoin & Ethereum we should see some volatile price action over the upcoming months heading into the US presidential elections..
Bullish cross on the KST
Also, the halving will start being priced into bitcoin as a supply shock is on the verge of occurring near term.
Hive to 3.50?RSI is up and down, not a real signal there, but volume accumulation matches the last pop and at $3, upside to $6 is there, just not sure how long it will take. Would like call contracts but unsure of this one.
HIVE, ready for a new Bull MarketHIVE (HIVE Digital Technologies)
Sector: Data Center / Bitcoin Mining
Market Cap: $386M
HIVE, being a company operating in the cryptocurrency sector sees its share price highly correlated to cycles triggered by Bitcoin. Indeed, the share price exploded at the beginning and end of 2021, just like Bitcoin, before undergoing 2 years of Bear Market.
During this Bear Market, the stock was able to maintain its price and accumulate horizontally, oscillating in a highly visible range. The fact that the share price has not fallen continuously shows the interest of long-term investors in this company.
We note that we are very close to the lower limit of this range and that we have recently bounced off it, which is a good sign and offers us an excellent risk/reward ratio. If the macro context for stocks and cryptos is good, we could even break out of this range on the upside to seek even higher resistance levels over the next year.
Rebalancing with HIVE: A Closer Look at a Solid Miner Taking a strategic look at my crypto portfolio today, and HIVE keeps catching my eye. This established miner offers some compelling reasons for a long-term position. Let's dive in:
Proven Track Record: HIVE has been around longer than many competitors, navigating the ups and downs of the crypto market. This experience translates to reliable operations and consistent uptime, key factors for steady returns.
Efficiency Leader: They consistently rank among the most efficient miners, squeezing the most out of their resources. This efficiency translates to better cost management and potentially higher profitability.
Growth Focused, Not Frantic: While some miners chase aggressive expansion, HIVE prioritizes sustainable growth. This measured approach might limit explosive upside, but it also reduces risk and enhances their long-term stability.
Undervalued Potential: Currently trading below some peers, HIVE could offer an attractive entry point for investors seeking value.
Technical Considerations: The charts signal potential for solid growth, further strengthening the investment case.
Beyond Bitcoin: HIVE ventures into AI and high-performance computing, potentially diversifying its revenue streams and future-proofing its operations.
HIVE Mined 234 BTC in January, HODL Up 14%. Upgraded Fleet for Efficiency, Bracing for Halving.
Key Points:
Production: 234 BTC mined, HODL increased 14% to 1,939 BTC.
Efficiency: Upgraded fleet with latest S21 miners, aiming for lower mining costs.
Halving Ready: HODL strategy and efficiency upgrades position HIVE for Bitcoin halving in April.
Looks like business as usual from HIVE. 😎
HIVE long,medium,short-term plans. Technical and fundamental Hello, friends! This is Shark, and today we'll be discussing the technical and fundamental analysis of HIVE stocks (a mining company). We'll explore long-term, medium-term, and short-term plans.
Technical Analysis:
Long-term Trading Plan (pink color)
Timeframe: 1 month
Global support level: $1.50
Global resistance level: $26.25
Channel step: 1650%
Notice the global ascending trend line drawn through the minimum price values. Currently, the asset's price has exceeded it, indicating a potential drop. The long-term scenario will be activated once the asset's price breaks below the support of this ascending trend line.
Medium-term Trading Plan (blue color)
Timeframe: 1 week
Resistance level: $7.18
Support level: $2.20
Channel step: 226%
Pay attention to the ascending trend line drawn through the lows. It's drawn on the weekly timeframe, and currently, the price is at its support, presenting the best time to buy this stock. The potential for medium-term trading is 226%. Also noteworthy are the decreasing highs, through which a descending trend line is drawn, forming a graphical structure of a "flag" or "contracting triangle," indicating an accumulation phase. Aggressive purchases should be considered above the $2.77 level.
Short-term Trading Plan (yellow color)
Timeframe: 1 day
On the chart, a descending trend line of yellow color is drawn. As long as the price stays below it, the trend is downward, and all levels marked on the daily timeframe are resistances. The potential for short-term trading to all levels is indicated. It's also worth noting the significant support level formed by the gap, presenting the best opportunity to buy the asset, as there's a market rule that aggressive asset growth should occur after covering all gaps. The short-term buying plan will be activated upon breaking the descending trend line.
Fundamental Analysis:
Mining Industry:
HIVE Blockchain Technologies is a company specializing in cryptocurrency mining, such as Bitcoin and Ethereum. Therefore, the fundamental state of the cryptocurrency market as a whole will heavily influence HIVE stocks.
Cryptocurrency Price Dynamics:
Changes in cryptocurrency prices, especially Bitcoin and Ethereum, will significantly impact the profitability of mining companies, including HIVE. High cryptocurrency prices usually lead to increased miner profitability, which can result in HIVE stock price growth.
Technological Innovations:
HIVE's success will also depend on its technological innovations and ability to enhance mining efficiency. Investors will be monitoring the company's new developments and improvements in equipment and software.
Cryptocurrency Regulation:
Changes in cryptocurrency legislation and regulation can have a significant impact on HIVE's business. Positive decisions or support from authorities can promote the company's growth, while negative measures may adversely affect its prospects.
Historical Events:
The company's past successes and failures can also influence its future value. Investors will analyze HIVE's history, including its financial results, strategies, and response to market changes, to make forecasts regarding its future success.
Considering these factors, investors should carefully assess the risks and opportunities associated with investing in HIVE stocks and make decisions based on a comprehensive analysis of the company's fundamental and technical aspects, as well as the cryptocurrency market as a whole.
If you enjoyed the review and would like more similar ideas, please like! Share your opinion on this asset in the comments below. Don't forget to subscribe to the channel to not miss new videos and updates. Thanks for watching, see you soon!
HIVE #Bitcoin Miner inv Head & Shoulders targets ALL TIME HIGHRework of an idea same as Iren Energy
we have a new right shoulder and and new horizontal neckline.
Linear and Log targets for your viewing pleasure :)
HIVE - Incredible strength. might liftoff soon
3D chart shows the incredible volume last few weeks.
Claimed all the daily EMAs. Weekly 200EMA overhead around 5.5 might slow it down, but any strength above could spike this to 10, 15 and 18.
Fib-Extension view shows further evidence, price likely to test 11.5 in this leg.
Disclosure: No position yet
#HIVE #Blockchain to pop to $6.30Lovely long term macro chart for Hive blockchain
We are nearly in a Bull market
#bitcoin having in 10 Months
HIVE will follow other crypto mining stockshi traders
Hive is lagging behind other mining stocks and crypto stocks such as COIN, RIOT.
We believe that after retesting support at 2,80 $ , the price should go higher
Target area: 6.80 -7.48 $
HIVE - C&H Parabola?HIVE Digital appears to be breaking out of a lengthy selloff via a cup and handle into a possible parabolic curve. If the highlighted yellow zone is broken/retested, upward we go!
HIVE Next Steps 2023 Q3 & BeyondAm expecting HIVE to continue consolidating within a reversal Head & Shoulders pattern.
Applying the trendlines to the fib line retracement and extension mappings, building out the various channels and then overlaying the relevant pattern(s), it appears the bottom of the right shoulder is approx. $2.80 and the future target is approx. $28.
DYOR NFA ... if $2.80 breaks, may result in a double-bottom around the $0.30 range.
Enjoy every sandwich :)
