MyCryptoParadise

HIVE/USDT bullish Rally ? ๐Ÿ‘€ ๐Ÿš€ HIVE today analysis

๋กฑ
BINANCE:HIVEUSDT   HIVE / TetherUS
๐Ÿ’ŽParadisers, turn your focus to HIVEUSDT! We're observing an intriguing move as it surpasses the daily resistance level, positioning itself within a demand zone, hinting at an upcoming bullish adventure.

๐Ÿ’Ž HIVE showcases an ascending channel pattern, with the price honoring the channel's resistance on four distinct occasions. Zooming into the daily timeframe, it's evident that HIVE recently broke through the daily resistance. This suggests that what was once resistance has now transformed into support, setting the stage for a potential bullish surge.

๐Ÿ’Ž However, should the price dip below the demand zone, there's a strong possibility that #HIVE might aim to retest the daily support in the foreseeable future.

๐Ÿ’Ž Remember to employ prudent trading strategies and use proper stop-loss measures! Stay alert to market movements and look forward to more insights!

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