I've been tracking HIVE for a while and now I want to show it to you, it will be a good money maker if you decide to "jump in." Let's go back to some basics signals.
HIVEUSDT Technical Analysis
In August 2024 we have the main low and subsequent higher low in November. In 2025 we have a long-term higher low, April & June and also a double-bottom. That's the classic.
The higher low points to a higher high for the new bullish wave that will develop in the coming days and weeks; the double-bottom points to the low being in and current prices being good for a trade setup with low risk vs a high potential for reward.
When to sell
I have a friend and he is a scientist, he asked, "Hey Alan, when should I sell? Should I go for 400% or 660%?" It is always the same question.
I said, "You can do whatever you want of course..." He wasn't satisfied. Imagine, the scientific mind. "Yes, but how do I know if the right target is the one where you placed 400% or the 660%?" He said. You know, the scientific mind is never satisfied unless supplied with specific answers.
"Well..." I am preparing myself to give a reply that will require no additional questions. "How you approach the targets will fully depend on your trading style, that is, your goals, your capital, your risk tolerance and how confident you feel about my analysis, the targets and the chart."
"What?" Listen, you just buy and hold and contact me after three months. You'll know what to do when prices are up... Just kidding of course.
Namaste.