$Hive ready for another big move? My Wedge seems to think so! #Leofinance #hive #bitcoin
The Hive Graph below show a definite squeeze ⬇️
I don't want to get into the techie details (who actually reads those) but according to my latest analysis, the orange line forms the top of a large wedge which should see a breakout very soon. This is a bullish pattern and I foresee a big $hive pump in the next 1 day to 1 week, however Wedge breaks often result in the opposite effect (a $hive correction down to $1.30 ?). As usual Hive will follow the $Bitcoin graph, so watch BTC carefully.
Useful Hive graph information:
- A good short term BUY POINT for $hive would be around the $1.36 mark.
- $1.50 is proving a solid SUPPORT LEVEL so far for $hive
- Potential TAKE PROFIT points have been included in the tech analysis above and below.
Bitcoin Graph following my previous predictive paths ⬇️
For a more detail analysis, please read my previous Bitcoin / Hive posts below.
9 December 2021 - Market watch : $Hive & $Bitcoin, both testing resistance (again)
28 Nov 2021 - Bitcoin and Hive analysis. Full tech write up link in the post
THE END
#Trade wisely, #Game hard. Please buckle up when travelling within the #hivechain 🚀
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