$HIVE & $BTC Technical Analysis - 27.07.2025

about 1 month ago

It's Sunday again and I've been looking forward to this post as it's going to be interesting. A lot has happened since my last post, $HIVE had a crazy evolution and I'd like to be ready and know what to look forward to next week.

Today it's the 27th of July, so we have 4 more days till the candle close. days are still 96 hours, plus what's left of this day, but still, we can have an idea about where we are.

The monthly chart still shows a bullish candle so far, but it's body has become smaller and has a long upside wick, which means buying pressure was consistent. We know more on Thursday, after the candle close. The plan is the same as I mentioned in my previous posts.

On the weekly Price swept liquidity above the swing high at $0.262, retested the weekly OB and at the time of writing, it is still above the OB. We have EQH at $0.2844, so in case of some strength, I'd expect price to sweep that high, after which $0.3006 is next. In case of weakness, the low I'm looking for price to sweep is the swing low at $0.1575. However, the current candle is not closed, we need another 11 hours to get the candle close.

On the daily time frame, at the time of writing, price is sitting at the level of the OB, above mid-range. Price looks undecided here. We usually don't have much movement during the weekend, so most likely the market is going to show its hand tomorrow.

In case of weakness, I'm expecting price to sweep the EQL at $0.228 and maybe retest the bullish gap below, which has never been retested. On the upside, in case of a healthy momentum, I'd like to see price sweeping the EQH at $0.2844, then obviously $0.3006.

On the h4 chart, we had some crazy price action this week, which created some gaps on the sell side and a huge wick, which is something I don't like as it makes trading it more difficult, but it's not about what I like, is it?

At the time of writing, price swept liquidity from $0.2457 and created the swing high at $0.2459. The buy side of the curve is balanced, there are no gaps to reject price, so in case of weakness, the next low to sweep is $0.2303, or the EQL at $0.228.

On the upside, the next liquidity pool is at $0.2459, which is inside a bearish gap, but I wouldn't worry about the gap as it has been mostly rebalanced. The next target after $0.2459 on the upside is $0.2678. This is why I don't like these crazy swings, but again, it's not about what I like.

$BTC kind of went into consolidation after creating a new ATH on the 14th of July. Swept liquidity from $115,750, created a new swing low at $114,710 and at the time of writing, it is below mid-range.

For bullish continuation, price needs to get back above mid-range, case in which the levels to sweep are $120,321, $121,044 and ATH, if price will have enough strength.

If not, $115,750 is the next level to sweep in case of weakness and maybe go deeper into the bullish FVG marked with green on my chart.

source

Next week's economic calendar is quite full. Apart from Monday, we have news each day, important ones, so I'm expecting volatility, which is not a bad thing. Remember, volatility is your friend, you just have to have a proper risk management, which means adjusting your leverage level and position size accordingly.

Remember, technical analysis is not about forecasting price, but about reacting to what price does.

As always, this is a game of probabilities, not certainties. Also please note, this is not financial advice, it's my view and understanding of the market.

All charts posted here are screenshots from Tradinview.

Come trade with me on Bybit.