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Bullish

#followers #Everyone #MyFamily #BinanceSquareFamily 
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🚀 **Target Price HIT — Just After Our Latest Analysis!** 🚀
We’re thrilled to share that the target price for **$HIVE Blockchain Technologies** has been hit, just a day after we published our latest analysis! 🎯
Yesterday, we highlighted several key reasons why $HIVE was positioned for a breakout:
- **Sustainable Crypto Mining**: $HIVE's commitment to green energy solutions, powering their mining operations with renewable energy, continues to set them apart in the market.
- **Crypto Market Surge**: With Bitcoin and Ethereum showing bullish trends, $HIVE is reaping the benefits of increased crypto mining profitability.
- **Strategic Expansion**: $HIVE's focus on expanding its mining infrastructure has boosted production, pushing it to the forefront of the crypto mining space.
📈 Our analysis pointed to these factors as key drivers of short-term growth, and today we’re excited to see the market respond accordingly!
⚡ **What’s Next for $HIVE?**  
While the target price is met, we’ll be watching for further movements and potential consolidation in the stock. The cryptocurrency landscape remains highly dynamic, and we’ll be on the lookout for new opportunities or shifts.
If you followed along with our recent analysis, congratulations on this win! 🎉 Stay tuned for more updates and insights as we continue to track coin and other exciting opportunities in the market.
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LIVE

TheKingMakers

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HIVE USDT

$HIVE #Everyone #TradingMadeEasy #WeAreAllSatoshi #followers
comprehensive analysis, here is the breakdown:

### 1. **Technical Analysis**:
- **Price**: HIVE/USDT is currently trading at $0.1954.
- **Moving Averages**:
- MA(7): $0.1951 (price slightly above this MA, indicating a short-term bullish sentiment).
- MA(25): $0.1947 (price above this MA, suggesting mid-term bullishness).
- MA(99): $0.1888 (price above this MA, indicating a long-term uptrend).
- **Volume**: The volume is currently low compared to the recent spike, indicating consolidation or indecision.

### 2. **Indicators Interpretation**:
- **MACD**:
- DIF: 0.0005, DEA: 0.0006, MACD Histogram: -0.0000.
- The MACD is currently showing weak momentum with a slight negative divergence, signaling that upward momentum might be slowing down.
- **RSI(6)**: 56.86.
- RSI is in a neutral zone, indicating that the market is not overbought or oversold. There's room for the price to move in either direction.

### 3. **Trend Prediction**:
- Based on the moving averages and price action, the short-term trend is **bullish**, but with declining momentum as shown by the MACD.
- If the price breaks below MA(7) and MA(25), a short-term correction could occur. However, if it sustains above these MAs, the uptrend could continue.

### 4. **Risk Management**:
- **Stop Loss (SL)**: Place it below a recent significant support level, such as below MA(99) at around $0.1870 to avoid a larger loss if the price moves against you.
- **Take Profit (TP)**: A good target for profit could be near the recent resistance of $0.2020, aligning with past price rejection points.

### 5. **Trade Strategy Development**:
- **Long Position**:
- **Entry**: You could enter around the current price of $0.1954 as it is close to MA(7) and MA(25).
- **SL**: $0.1870 (below MA(99)).
- **TP**: $0.2020 (recent resistance).
- **Duration**: Short to mid-term, possibly a few hours to a day based on current volatility.
- **Short Position**:
- **Entry**: If the price drops below MA(25) at $0.1947, consider entering a short position.
- **SL**: $0.1980 (above recent highs).
- **TP**: $0.1857 (support zone).

### 6. **Backtesting Strategies**:
- Backtest previous market data to see how the price reacted around these levels with similar MACD and RSI patterns. Look for consistency in how the price respects the moving averages.

### 7. **Market Sentiment Analysis**:
- Current market sentiment appears mixed. The price action suggests consolidation with bullish tendencies, but weakening momentum signals caution.

### 8. **Automation and Alerts**:
- Set alerts for a breakout above $0.1980 for a bullish continuation or a breakdown below $0.1947 for a potential short opportunity.

### 9. **Educational Support**:
- You can study the impact of moving averages crossing on price action (golden/death crosses). Understanding MACD divergence can also help you assess market momentum.

### 10. **Market Insights**:
- Pay attention to market-wide movements (e.g., BTC or USDT dominance), as they could influence the direction of HIVE/USDT.

### **Patterns**:
- Based on the chart, there are signs of consolidation, which could indicate a **symmetrical triangle** formation. A breakout from this consolidation could lead to a sharp movement in either direction.

### **Suggested Plan**:

#### Plan A (Bullish Scenario):
- **Long Entry**: $0.1954.
- **SL**: $0.1870.
- **TP**: $0.2020.
- **Duration**: Short-term, 1-2 days.

#### Plan B (Bearish Scenario):
- **Short Entry**: Below $0.1947 (MA(25)).
- **SL**: $0.1980.
- **TP**: $0.1857 (support level).
- **Duration**: Short-term, within a few hours.

#### Plan C (Against the Trend):
- If the price moves against your long position, set a trailing stop-loss closer to MA(25) to limit losses. You could also enter a hedge with a short position if the price breaks below MA(99).

#### Plan D (Sideways Market):
- If the price remains range-bound between $0.1947 and $0.1980, consider exiting at breakeven or small profit/loss and wait for a clearer direction before re-entering.

This analysis provides a detailed approach for both long and short strategies with entry/exit points and risk management measures.

Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.

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