Hive is looking strong once again and it pumped 7% Yesterday. Also the volume is increasing which is a good sign for another great pump. Hive is trying to continue its bull momentum and investors should be ready for it.
According to 4H time frame, Hive tested the fair value gap and also EMA line which is been testing. If it breakouts this level then surely a good price surge is expected.
According to my guess and analysis, the next target for hive to test is the level of $0.35 which is around 15% rise. It may test this level within few days and will form a double top pattern.
Double top patterns are not much bullish but sometimes it reacts against and go bullish. If in case hive continues to test the resistance levels and the volume keeps on increasing then surely it will breakout this double top.
I consider this level a good investment time because if you see the chart according to 1D, you will find a good bullish sign and strong candles as well.
You can atleast get 15% profit with few days if all goes well. This is not a financial advice but all based on my knowledge.
What do you people think about the next move of hive? Do you think it will breakout the EMA and FVG level? Will be glad to see your answers in the comment section.
I hope you find this post useful and informative. If you do, please remember to reblog it so that it reaches as many people as possible and that they can benefit the most from it. Also, remember to upvote, which will help me financially and grow my account.
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