Hello everyone and congratulations with a happy power up day!๐
Join me for some TA on Hive, this will be a short post, not much to say. My plan was to buy Hive for 50% of the post payment but I ended up buying for everything haha. Mostly because I wanted to add SPS but always made sure Hivepower grows every month.๐
SPS looks great imo, and its like 40x to the ATH right? It could help me reach 15k hivepower.. Back to Hive, here are som stats again.๐
Totally forgot to write down my Hivepower last month, looking at the graph I think I had a total increase of 2.2% in Hive power vs last month of 2.26%. Will have to start noting it here, so as of 1.3 it is 11288 HP.
Including my TA thoughts as usual, as I want to track my ideas. In previous previous post I where talking about
As our 3rd bullish divergence was a higher low we need to take out $0.4 blue line for a higher high, it also looks like the neckline in a smaller inverse head&shoulder pattern drawn in green, and measured move and target if we break $0.4 is $0.6. Confluence with the neckline in the bigger pattern.. Invalidation a new low.
Just like the previous post, not much to say, sticking to the analysis above as its not been invalidated. And mentioned a retest of orange trendline is expected
We made my right shoulder in the small green drawn inverse head & shoulder pattern and we are simply just waiting for the breakout at any moment now. Nothing has changed as we are making higher lows. Its more likely we go to $0.6 than $0.2.
As before, on the weekly time frame we need to overcome $0.4 for any rally.๐
See my TA on BTC here:
BTC update - 57k hit โ
ETH 3k,2 hit โ
Whats next?
Happy PUD and PUM, see you next month. Have a great week. Bye! ๐
Read about:
Hive Power Up Day - and more info about PUD at @hivebuzz
My previous powerup post:
HIVE POWER UP DAY 1.feb 2024
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CCC's Street Art Contest #185 | ๐ : 100% Liquid Payout and Ecency points as Prize Pool & Winners of #184
Christopher
Kristiansand, Norway
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