Hive's Price is Poised for a Major Breakout

in voilk •  11 days ago

    Looking at Hive, my heart felt happy, just like yesterday was a pump day and this pumping trend has been going on for the last 2 weeks. I told you in my last week's post that Hive is extremely bullish and can reach $1 at any time. You can estimate this from its volume, which has reached 88M.

    For your information, if Hive's volume reaches 1B, its price will easily increase 10 times, meaning it can easily reach $4-$5. Now the question arises, is it possible for such a large volume to come?

    I will say it is absolutely possible, and if Hive remains in this situation, it will come into the eyes of whales and its volume will increase further. There are two benefits for Hive: one is internal whales who are active in the Hive ecosystem, and the other is external whales. Internal whales are trying to attract external whales so that they enter this coin. Therefore, its volume can easily reach 1B.

    Today in this post, I will do a small analysis and tell you where I think Hive's value can go and where it can face rejection. Be sure to read my previous post to understand better.

    Remember that the $0.5 price level can strengthen #Hive significantly. If Hive surpasses the $0.5 resistance level once, its value will quickly go up. You can say that the $0.5 level is a turning point for this coin.

    I have shared 3 graphs with you, which are based on daily, weekly, and monthly time frames.

    According to the daily TF, it is at its resistance level, which has been tested several times and has received repeated rejections. This means that there are a lot of sellers at this level.

    Last week, I said that its price would go to $0.49 and from there, a retracement opportunity would arise so that we can make our next stop our target. Exactly that happened. If Hive surpasses $0.5, its next stop is $0.7, which is another important resistance level.

    Remember that if the volume continues to increase, no resistance can stop Hive from moving up. Now, if I talk about the 1W time frame, it is extremely bullish. I have created 2 hypothetical candles, and I expect it to happen like this.

    I think #Hive's price will reach $1 and within a month. As you can see in the chart, 3 candles have been created, which target $1, and again $0.7 will be retested, and again $1.2 will be touched.

    Similarly, if I talk about the monthly time frame, you can see how its price can increase. After 2 candles, 1 God candle can be created, which can take #Hive to its all-time high. Again, volume will depend a lot, if the volume increases, then Hive is definitely bullish and can easily move towards its next targets.

    Monthly Chart

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    Weekly Chart

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    Daily Chart

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    Original content in Roman Urdu, Translated using ChatGPT

    Hive ko daik kar dil khush huva jiasa keh kal ka din pump huva or yeh pumping ka silsila pichlay 2 hafto se jaari hai. Mene apnay pichlay haftay walay post mei bataya ta keh hive extremely bullish hai orr kisi b waqt $1 ko phonch sakti hai. Iska andaza aap iski volume se laga saktay hai jo 88M tak phonch chuka hai.

    Aap kay ilm mei izafa kay liye, hive ki volume agar 1B tak phonch jaye toh iski price asani 10 guna ho jayega, jiska matlab $4-$5 easily phonch sakta hai. Aab saawal yai paida hota hai keh itni volume ka aana mumkin hai? Mei kahunga bilkul mumkin hai orr hive agar issi situation mei raha toh whales ki nazro mei ayega orr iski volume ziada hota jaye ga.

    Hive kay liye 2 faiday hai, aik internal whales jo hive ecosystem mei active hai or dosray external whales. Internal whales cha rahay hai keh external whales ko dilchispi dilaye takay wo iss coin mei enter ho jaye. Gharz iski volume asanay se 1B tak ja sakti hai.

    Aaj kay iss post mei chota sa analysis karunga or yeh bataounga keh mera hisaab se Hive ki value kaha tak jasakti hai orr kaha se rejection asakti. Meray pichlay walay post ko lazmi paray takay behtarr samaj sakay.

    Yaad rakay keh #hive ko $0.5 ki price level kaafi mazbooth kar sakti hai. Hive agar aik martaba $0.5 ki resistance level ko surpass kar deta hai toh iski value bohot jaldi ooper chali jayegi. Aap aisa keh le keh $0.5 level iss coin kay liye turning point hai.

    3 graph aap logo se share kiya hai jo daily, weekly and monthly time frame kay hisaab se hai. Daily Tf kay mutabiq apni resistance level mei hai jo kahi martaba test kar chuka hai and baar baar rejection mili hai. Jiska matlab yahi keh sellers kaafi ziada hai iss level mei.

    Pichaly haftay mene bataya tah keh iski price $0.49 ko jayegi or waha se retracement ka moqa milega takay aglay stop ko apna hadaf bana sakay. bilkul issi trah he huva hai.

    Hive agr $0.5 ko surpass karta hai toh iski agli stop $0.7 hai jo aik or ehm resistance level hai. Yaad rakay agar volume barti rahegi toh koyi resistance hive ko ooper janay se nahi rok sakay ga.

    Abb agar 1W time frame kay hisaab se baat karu toh extrmely bullish hai. mene 2 khayali candles banaye hai or me expect kar raha houn aisa he hoga.

    Mujay lagta hai #hive ki price $1 ko phonch jayegi or 1 mahinay ki mudath mei. Jaisa keh aap chart mei daik saktay hai 3 candles banaye hai jo $1 target hai and again $0.7 retest hoga and again $1.2 ko touch karey ga.

    Issi tarh agar monthly time frame kay mutabiq batao toh aap daik saktay hai keh kis tarah iski price bar sakti hai. 2 candles ky baaad 1 God candle ban sakta hai jo #hive ko all time high tak le ja sakti hai. Again volume kaafi depend karey ga, agar volume barti rahay toh yaqeenan hive bohot bullish hai or asani se next targets ki taraf move kar sakta hai.

    I hope you find this post interesting and I hope you will like it. If you like the post, please leave feedback in the comments section so that the next one will be even better. Thank you for sticking with me until the end.

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    TWITTER TELEGRAM HIVE WHATSAPP DISCORD

    IMAGES TAKEN FROM TRADING VIEW

    REMEMBER: We should prepare for the unexpected and hope for the best. Life may not be easy, but you must do your best and leave the rest to God.

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