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RE: $HIVE & $BTC Technical Analysis - 12.01.2025

in LeoFinance2 days ago

Update 13.01.2024

HIVEUSDT_2025-01-13_18-00-44.png

Things are working out as expected so far. Price came back and swept $0.4614 and bounced off of this level. The last h4 candle closed as a bullish engulfing candle, which usually means bullish continuation. Plan is unchanged, but we're not out of the woods yet. We don't know if the local bottom is in or not, so I'd be cautious here.