$HIVE, $BTC & ETH/BTC Technical Analysis - 19.10.2025

After the last week's drop, we had a roller coaster week, so let's see how things stand at the moment and how we can get ready for next week.

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On the monthly time frame, price swept the previous all time low (ATL) and established a new one at $0.0327. The good thing is, we got a nice bounce off the ATL and at the time of writing, $HIVE is trading at $0.1395. It is below the bullish gap, that has been holding price for 54 month. There are roughly two weeks and a half till the monthly candle close, so nothing is set in stone at the time of writing, but if price closes below the gap, the gap becomes strong resistance. At this time I prefer not to speculate here, so let's leave it like this and we'll see once the candle closes.

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On the weekly time frame, price is still heavy and by the look of it, even though there are still roughly 15 hours till the candle close, we're going to get another bearish candle. If the current candle closes below $0.1764, that means we're going to get a big bearish gap, which means resistance. There's not much to say here, the levels to watch on the upside are $0.2151 on the upside, but there's a long way up there from where we are now and we have a slim bearish gap already on the sell side.

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The daily chart doesn't look good either. The drop left a huge gap, which price tried to rebalance on Monday, but got rejected on Tuesday. We have a swing low at $0.1279, which has the possibility to be swept in case there will be more weakness. It's the weekend, you cans see there's not much going on in the last two days, but in case get some volume and momentum next week, I'm looking at $0.1564 as the next swing high to be swept. In case price can turn this level into support and momentum continues, the next high to be swept is the relative equal high at $0.1945.

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We have an interesting price action on the h4 time frame. Price created a bearish gap on the sell side on Thursday, which price then fully rebalanced on Friday and got rejected, which led to a low at $0.1279 on the same day. Then we got some bullish momentum, which led to several attempts to invert the gap, but all ended in rejection. That gap is a strong resistance level.

The current candle has a long upside wick, which indicates that the selling pressure is higher than the buying pressure, so chances for price to retest the bullish gap and sweep $0.135 is real. If we don't get a bounce there, the next level to be swept is $0.1279. If we get some momentum and price manages to invert the bearish gap between $0.1386 and $0.1396, $0.1408 can be next, after which, $0.1466.

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$BTC is back to retesting the mid range level of the lower range. So far it looks like it hols, but we're not out of the woods yet. I'd be cautious here.

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ETH/BTC took a hit as well, during the dump, but recovered really fast. It is consolidating at the moment, which is normal after some violent moves like we had lately. Levels are marked on the chart. The immediate levels to watch are 0.0035289, the current swing low, if we get more weakness. That level has to hold. If not, 0.0032261 could be next. If we get some momentum here, I'm looking at 0.0037129 on the upside.

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The US government is still in shutdown, we have the economic calendar for the next week, but we can't be sure data is going to be released.

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.

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17 comments
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Nice bounce off that ATL! Let's see if we can keep the momentum going! 🚀🐎

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(Edited)

Momentum is already lost, so let's see what next week brings.

Later edit: Looks like we got a bounce after all.

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what an interesting news for everyone here to see the state of BTC economy

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I wouldn't call it news. This is my view and understanding of the current market.

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Great idea if you have any trades there can I contact you on discord Send me a link

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No. I am not running any signal service, sorry. I provide my analysis, trading is the responsibility of each user.

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Hi @erikah,
I've just noticed you downvoted Julias John posts. It is true that his posts are not up to standards but he's a poor Kenyan farmer trying to survive. It's very mean to take his 20 cents from him. Why would you be so mean? Are those 20 cents so important for you? Because they are for him.

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Thanks for your weekly TA post. I can't add much to the technical analysis but regarding the US shutdown it doesn't look close to being resolved. The gov't is freeing up money for essential payments like military pay and WIC (a supplemental food program for (W)omen (I)nfants and (C)hlidren. That just means it will be longer before either side caves 🤦

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This shutdown is getting longer than people have thought. I can't say the market is calm without data releases as market makers are not taking a holiday. Let's see how long the shutdown lasts.

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(Edited)

There are no data from the government, and the charts are trending downward. This is a frustrating situation. While everyone is expecting an altcoin bull run in the fourth quarter, some are saying we've entered a bear market. The levels Hive has fallen to are unfortunately not pleasant. We don't know if there will be a recovery or when it might happen. There's a lot of uncertainty...

Thanks a lot for your thoughts and graphics 🙂

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Don't take this the wrong way. I'm not saying this to look smart, it's just my understanding and view of things.

Missing government data is not a problem, especially for risk markets. I mean yes, traditional markets are moved by data release, and risk too, but these markets are moving anyway. Sooner or later the strike is over and we get back to getting data regularly. It's a temporary phase.

There are no data from the government, and the charts are trending downward. This is a frustrating situation.

Markets move both ways, up and down as well, so this is also part of the game. I know so many don't look at the chart and even if they don, they don't understand much, this is why they are hoping to get the usual 4 yeas cycle scenario, but those times are long gone. Cycles are not the same.

The levels Hive has fallen to are unfortunately not pleasant.

Yes, this is true. We're supposed to be in a bullmarket, yet $HIVE has recently made a new ATL, which ... is kinda unprecedented, unless you take the LUNA crash, which we know what it was. The good thing is, $HIVE made a nice bounce and recovered nicely. It would have been even worse, if the token would be trading around $0.05 or so.

We don't know if there will be a recovery or when it might happen.

This depends on a lot of things, including how things are managed onchain, heavily.

There's a lot of uncertainty...

$HIVE is a risk asset, uncertainty is normal.

Don't bite my head off 😬

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I've been on the positive side for a long time, and everything went wrong. I'll try being negative for a while and see what happens. I don't even want to think about 5 cents XD Thanks for the detailed answer 😅

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It helps not to have expectations. Expectations lead to disappointment. I know it's difficult, but it's the only way.

You're welcome.

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