🚀 HIVE/USDT: Bullish Signals Getting Stronger! 📊
Crypto lovers, it's time to check out the HIVE analysis update! 📈
📍 The Bullish Flag pattern appears after a significant price spike. This pattern indicates a potential continuation of the uptrend after consolidation. This could be a great opportunity to take off! 💥
🔑 Support & Resistance:
Support: At $0.4408 and $0.3347—crucial levels to watch if the price falls.
Resistance: At $0.6849 and $0.5716—these are levels that could hold the price for a while.
📉 The MA indicators show short-term and long-term bullish momentum. The price is currently above the MA(5), MA(10), MA(20), MA(50), MA(100), and MA(200)! 📈 This is a positive signal for a potential further increase!
🎯 Price Targets:
If a breakout occurs, the first target could be $0.75! 🚀
If it fails, we could see price test support at $0.4408 or lower.
🔍 What to do? Watch the $0.6849 level as a major resistance! If price manages to break through it, a breakout could send HIVE higher!
Is HIVE ready to take off or will it get stuck at resistance? 🤔 Leave your thoughts in the comments!
