Ah, HIVE/USDT, you unpredictable creature of the crypto jungle! Here we are, staring at the charts, squinting at FVGs, and consulting the holy WaveTrend Oscillator like it’s a mystical fortune-teller at a carnival.
So, what do we see? A downtrend so steep, it could double as a slide at a waterpark. Bears are in control, stomping around like they own the place, and bulls are hiding somewhere, probably binge-watching Netflix and eating chips.
Now, let me set the stage:
We’re sitting at $0.40, a support level so fragile it might as well be made of wet tissue paper. Above us, we’ve got resistance at $0.44–$0.46, a fair value gap where price action loves to tease us "Maybe I'll go up... nah, just kidding!" Classic crypto drama.
And then there’s the WaveTrend Oscillator, flashing green dots like a disco ball at 2 a.m. It’s screaming, “Hey, I’m oversold! Buy me!” But we’ve been here before. It’s like that one friend who says they’re going to turn their life around but still shows up to brunch late and hungover.
So, what’s the plan?
Scenario A: Relief Rally
If the bulls muster some courage, we could see a bounce to $0.44, maybe $0.46. This would be like that one episode where the hero makes a comeback—only to get clobbered again in the next scene.
Scenario B: Downtrend Continues
If the bears remain as relentless as my notifications during a market crash, we’ll break below $0.40 and head straight to $0.38. At that point, I might need to start taking up yoga to calm my nerves.
The Bottom Line:
In the next 12 hours, HIVE might rally a little just to give us false hope before tumbling down again. Or it could skip the rally and nosedive straight to $0.38 because, hey, crypto loves to keep us humble.
So, trade wisely, my friends. Tighten your stops, manage your risk, and remember: when in doubt, zoom out. And if all else fails, there’s always coffee and memes to get us through.
Happy trading! 🚀📉
Disclaimer: This post is for entertainment purposes only. Don’t @ me if HIVE moons or tanks its just my personal opinions
Posted Using INLEO
Bought back $Hive way too early as ususal now waiting :-)
just as long you dont buy high sell low .. haha... which happens of course
yeah, trying to avoid that
I want to buy more sps. Perhaps i can put in a limit. But my funds are limited as i bought other assets !
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