This set of candles could indicate a bullish reversal in the hive price in the medium term. Keep reading
Let's get started
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The weekly candlestick has been bullish engulfing the previous one and it is important to validate the bullish pattern in the Hive price.
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The Morning Star pattern is validating the close of the previous candle.
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This pattern indicates a change in trend, in this case the set of candles would indicate a change in trend to bullish in the medium term.
@Hive price closed at 36 cents, up from 25 cents in just 2 weeks.
Today the price is falling back, it would be important for the Hive weekly candle to end above 36 cents.
Target
Look at the graph and tell me how far you think the price could go in the next few weeks
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What do you think, comment?
READ DISCLAIMER: this publication / analysis is only for general information purposes. I am not a professional trader and I will never be a financial advisor. The material in this publication does not constitute any trading advice of any kind. This is the way I see the paintings and what my ideas are. Perform your own analysis before making an investment decision. Use money that you are willing to lose if you make an investment. If you make exchanges or investments after reading this publication, it is entirely at your own risk. I am not responsible for any of your gains or losses. By reading this publication, you acknowledge and agree that you will never hold me liable for any of your profits or losses.
Spanish
Hive (HIVE/USDT) Bang!!!!. Muy buena vela semanal. Mira el grafico y descubre hasta donde puede subir el precio de Hive. (ENG-ESP)
Este conjunto de velas podria indicar una reversion alcista en el precio de hive a mediano plazo. Sigue Leyendo
Comencemos
La vela semanal ha sido envolvente alcista de la anterior y es importante para validar el patron alcista en el precio de Hive.
Grafico de Post anterior
Grafico semanal. Hoy en el precio de Hive
Hoy esta validando el cierre de la vela anierior el patron Morning Star.
Esta patron indica cambio de tendencia, en este caso el conjunto de velas indicaria un cambio de tendencia a alcista a mediano plazo.
El precio de @Hive cerro en los 36 centavos, con una buena subida desde los 25 centavos en solo 2 semanas.
Hoy el precio esta retrocediendo seria importante que la vela semanal de Hive termine por encima de los 36 centavos.
Target
Fijate el grafico y dime hasta donde piensas que podria llegar el precio en las proximas semanas