MONDAY BLUES HIVE BULLISH SPIKING SURPRISE

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Good morning everyone ,

How are you? I hope you have a great day today that better than yesterday.

HIVE PUMPING

While BTC is not actually moving too much , HIVE surprise with huge spike to previous resistance at 1 USD.

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Checking in 2h timeframe , it just happening in 2 candle of 2 hours which is in previous 4 hours. Currently, the seller and pending sell that has been trigger around 1 USD area and pushing the bullish candle for correction.

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With this huge spiking , the market market is possible to 3 possibility move :

  1. Momentum to continue bullish movement after breaking 1 USD resistance
  2. The market back to previous sideway at 0.5 USD after the bullish correction
  3. Market will move to another sideway area at 1.0 USD

Personally i dont think the market will start it bullish movement because the BTC bullish market is not move too much. To see huge movement in HIVE , HIVE need larger engine like BTC or big whale but anything can happen in crypto world. As a small fish , i just follow and take some opportunity in trend.

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This is some technical analysis from today HIVE spiking surprise , fundamentally i still looking for information that make these market move today.

See you in next post.

All chart ss from https://www.tradingview.com/

Posted Using LeoFinance Beta



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12 comments
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That's a good spike. It was just around 53 cents hours ago.

Posted Using LeoFinance Beta

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Yeah. It's looking good. Hopefully it ll stay at 1 usd like before

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