Spotted: A "cup" pattern has formed in BTC/HIVE.
HIVE is likely to rise instantly in value or create a handle first and pump after that (cup and handle pattern).
Anyway, the target for both patterns is double the cup (1313 sats/HIVE) We are at 865 sats/HIVE at the time of writing this.
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Feel free to use and share my charts, but please mention me, @ew-and-patterns as the author. Otherwise it is considered plagiarism and I will flag you and advise my friends to do the same.
Please consider leaving a comment, like or rehive, if this post entertained you or helped you see things differently...
Have a nice day :-)
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The cup pattern does not surprise me. Great observation. Thanks.
Thanks, and the target was already reached one day later 1401sats/HIVE is the current high. Hoping for a lasting bull market now.