HIVE POWER UP DAY 1.feb 2025 and #HIVE TA π
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Then month no. 2 was already here, let's powerup! Congratulations with a happy power up day!π
Continuing the race towards 20k hivepower for the year, I think it will go well, need 360 HP increase per month for the rest of the year for that, should be easy to achieve. Had an increase of 1.86% or 300 hp, so are on the right track. And holds some liquid Hive for trading with the goal of acquiring more hive during 2025. See my TA below.
2025 goal: goal for 2025 will be 20k HP and 1k HBD. I should crush that!π
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Including my TA thoughts as usual, as I want to track my ideas. In previous post I where talking about
Exactly as predicted! So far so good, a nice 130% move out of the accumulation circle. Expecting us to clear the $0,49 highs in coming weeks and head to $1 mark before the sell in may go away..
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Just as predicted! We cleared $0.49 highs and saw a rally up to $0.69 and my yellow circle.β I only sold 33% of my tradingstack as I where hoping we should hit $1, we still can, but I need liquidity for trading the correction if the top is in, if this is just a breather before another push for new highs time will tell. In the coming weeks we need to see a higher high for that, if we confirm a lower high we have likely started a 3 month correction like the last cycle and my target will be green circle. Just like at the bottom with the weekly bullish divergence screaming buy, at our top the RSI hit overbought for the 3rd time in history (yellow circle) so that was screaming sell to me, probably a good time to take some chips off the table to buy back during a correction. Now, there will be bounces on the way or it will be a challenge to acquire more free HIVE.π
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For the context of my thought process over the past year, and @mypathtofire I got it right?, you remember we talked about this scenario 9 months ago.π
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The fractal im tracking so I remember it.π (*pricetargets change as you adapt to new data, but the moves will unfold as it have until now)
A big rally to $1.2 - $1.7 ish the next months, and a big rejection likely to correct to $0.6-0.7 to flip it over to support after it breaks. Just like the previous cycle, this would make for a very juicy swing trade. Sell in yellow circle, buyback in green for the last stage which should hopefully lead to a new ATH. All 3 phases lasted about 3 months each.
See my TA on BTC here: (ps. Should do an update as it did exactly as predicted)
BTC update - 3 months later a bullflag has formed, are we now going to do as Gold did?
Happy PUD and PUM, see you next month. Have a great week. Bye! π
Read about:
Hive Power Up Day - February 1st 2025 and more info about PUD at @hivebuzz
My previous powerup post:
HIVE POWER UP DAY 1.jan 2025
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Christopher
Kristiansand, Norway
Follow us for our street art contest and blogs about travel, art, photo, crypto & gaming
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Thank you, lets go :))
We're impressed by your daily blogging streak, @digi-me! Keep sharing your knowledge, insights, and experiences with the Hive community!
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Dear @digi-me, your support for the previous HiveSQL proposal has been much appreciated but it expired.
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done now i think :=)
Thank you for your support @digi-me, really appreciate it! π
Happy HPUD!
Wishing that Hive will reach 1USD !
Me2, either very soon or we will need to wait 6 months..
That is nice HPUD report
Thank you
Happy #HivePUD! Thanks for the mention! It's always great to see discussion starting in the comment section of my posts... π
Btw. I will wait for May's sales (if I read your chat well π) to get some HIVE around 20 cents... πͺ
That's if our high is in, the low should come 3 months from the swing high if history repeats, end of q1 if so. I hope we make a higher high first, february usually one of the most bullish month for crypto and q1 should print green.π€
fck we hit our green circle... it came faster than I thought lol, RSI also almost at green circle as previous cycle, we are right on track?
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You should slow down that chart... it goes by 3x speed... π
Hehe ye crazy π, but like last cycle all downmoves lasted 1 month with 1 week of pumping in between, we'll see how the next few weeks candles will print.
Actually its normal speed, we have just seen our first month of downmove, we should see a week up before next month down.. will probably spam my chart during this cycle if you dont mind beeing my witness ;)
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No worries... I like to check your charts...
ππ
I think it's time, we had 3 drops a 5 wave elliot down. Noticed some account settings sellorders at 0.4 (fear of missing out) as they didn't sell our rally top (greed). I think we will go higher bcs of that hehe, if we mirror the previous cycle -> green circle, let's see :)
...Waiting for your big yellow line that goes up... π€£
Hehe ye in like 6 months βΊοΈ
I have started to notice bearish post now e.g, "why prices fall. I think we are in a mini bear market. We continue down as many powerdown and sell". We should be close for a relief. (If history repeat a lower high and down again)
I have noticed that some people went back and powered up what they powered down a month ago (and didn't sell)... π So, yeah... people did lose those "high hopes" of the big pump, which is usually a good thing... as markets like to do the opposite... π
ππ
Another fun observation. Last cycle it took 210 days from market cycle low to the higher low. We are at 190 days atm, that's very similar, from the higher low it took 154 days for the cycle top..
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Lets see if this is real or a fakout..
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