HIVE POWER UP DAY 1.jun 2024

digi-me(78)

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Hello everyone and congratulations with a happy power up day!😃

Well, just kept buying hive for post payouts, we're back in the accumulation level, so then it's just a matter of powering up. Mostly it comes from HBD and some L2 tokens so it was a decent month overall.😃

2024 goal: It would have been nice to see 15k hivepower by the end of the year and 1k HBD.

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Had a total increase of 2,38% in Hive power now at 11604 HP vs last month at 11334 HP.😃

Including my TA thoughts as usual, as I want to track my ideas. In previous previous post I where talking about

just accumulating this is close to green trendline formed, if this is lost id look for our low at $0.25. Withdrawing part HBD for if Hive will give me the 4th bullish divergence to buy

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And we got our 4th bullish divergence (green arrows on weekly chart below). Now patiently waiting for the next attempt to regain $0.4, when we do we should see a nice rally towards $0.6-0.7. If we were to lose the green uptrend we'll have to look for 5th buy.. Just going to quote my idea or fractal im-tracking for my plan so I remember it.

A big rally to $1.2 - $1.7 ish the next months, and a big rejection likely to correct to $0.6-0.7 to flip it over to support after it breaks. Just like the previous cycle, this would make for a very juicy swing trade. Sell in yellow circle, buyback in green for the last stage which should hopefully lead to a new ATH. All 3 phases lasted about 3 months each, fits with this cycle peak can perhaps come in Dec 2024 considering Total2.