📢 $HIVE / $USDT | 🟢 LONG | ⭐ 62.9%
🎯 Objective: $0.04832. Will it achieve it?
🎯 Trading levels:
🟢 Entry: $0.04661
🛑 Stop Loss: $0.04571
🏁 TP1: $0.04832
🏁 TP2: $0.04931
📈 Analysis:
$HIVE shows a bullish market structure confirmed after consolidating a triple-bottom pattern, supported by a breakout volume above average that validates buyer interest. The alignment of the 20, 50, and 200 EMAs (exponential moving averages) in ascending order confirms the trend, while the ADX of 29.41 indicates solid trend strength and the RSI of 57.88 reflects healthy bullish momentum without signs of being overbought.
⚖️ Risk/Reward: 1:1.9
⏱️ Timeframe: 1H
📐 Technical confidence: 3/5
The invalidation level is strictly set at the stop loss to protect the position in case of a loss of the immediate support. The thesis remains valid as long as the price holds its quote above the EMA20, closely monitoring volume behavior as it approaches the technical resistance of $0.05336.
Do you think the current volume is enough to break the immediate resistance of $0.05336?
💡 This analysis is for educational purposes and is not financial advice. Do your own research and decide calmly.
#crypto #HIVE #trading #Futures #Bullish
🎯 Objective: $0.04832. Will it achieve it?
🎯 Trading levels:
🟢 Entry: $0.04661
🛑 Stop Loss: $0.04571
🏁 TP1: $0.04832
🏁 TP2: $0.04931
📈 Analysis:
$HIVE shows a bullish market structure confirmed after consolidating a triple-bottom pattern, supported by a breakout volume above average that validates buyer interest. The alignment of the 20, 50, and 200 EMAs (exponential moving averages) in ascending order confirms the trend, while the ADX of 29.41 indicates solid trend strength and the RSI of 57.88 reflects healthy bullish momentum without signs of being overbought.
⚖️ Risk/Reward: 1:1.9
⏱️ Timeframe: 1H
📐 Technical confidence: 3/5
The invalidation level is strictly set at the stop loss to protect the position in case of a loss of the immediate support. The thesis remains valid as long as the price holds its quote above the EMA20, closely monitoring volume behavior as it approaches the technical resistance of $0.05336.
Do you think the current volume is enough to break the immediate resistance of $0.05336?
💡 This analysis is for educational purposes and is not financial advice. Do your own research and decide calmly.
#crypto #HIVE #trading #Futures #Bullish
