HIVE Digital Technologies LtdAtualizado $HIVE Short Term Swing Formations
HIVE in a critical spot to watch to determine market direction after significant period of consolidation.Looking for break below blue trendline to invalidate.
Looking for convincing vol to break $4.20-$4.70 resistance and test of purple trendline for breakout.
Trade ativo
H&S neckline broke down with convincing volume.
Next sig resistance at 2.88-3.00 to observe if we bounce or continue to break down & complete the H&S measured move.
Nota
$2.88 - $3.00 reached today with expanding vol on decline from H&S.
Good place to take profits as we will likely see a bounce at lower trendlines and will need a convincing break to complete the H&S measured move at ~$2.00
Trade fechado: objetivo atingido
Support was found at the $2.83-$2.85 price level and is forming another H&S.
Look for price action at 2.83 support to confirm break down.
just practicing & learning
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just practicing & learning
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.