HIVE POWER UP DAY 1.jan 2024 #PUD and 12th #PUM done 👍

Happy new year everybody! And congratulations with happy power up day!😃

Finally the year is over and all goals were achieved! We started the year at 6k hivepower and reached our goal of 10k in October, 12 pum's done, annual author badge done, reputation over 75 done. Been a busy bee during the bear trend and looking forward to an uptrend in the coming years. Let's do it Hive!

My goals for 2024 are to take it easy, post when I want to and not because I have to. Also want to stack HBD for passive income for the next bear trend, as in 2021 I sold Hive from $1-3 and started buying back from $0.8 and all the way down, as shown in my TA below there were 3 nice buys last year. Hopefully I can repeat that in this cycle and set up for a 50k hivepower in the next bear market, if history is to repeat itself it will be in 2026-27, haha thinking way ahead here. And here are some stats again.🚀

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Had a total increase of 2.51% in Hive power vs previous month of 2.95%. If I can keep it around 3% then maybe we can see 15k hivepower by Christmas.😃

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Including my TA thoughts as usual, as I want to track my ideas. In previous post I where talking about

The chart looks great, we broke downtrend, the orange line, we reclaimed $0.34 and holding it and 200 ema as support for now on daily chart. As long as the overall market is bullish I would expect more upside before a correction. As our 3rd bullish divergence was a higher low we need to take out $0.4 blue line for a higher high, it also looks like the neckline in a smaller inverse head&shoulder pattern drawn in green, and measured move and target if we break $0.4 is $0.6. Confluence with the neckline in the bigger pattern.. Invalidation a new low.

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Not much to say, sticking to the analysis above, the price has gone sideways holding our support at $0.3 and testing $0.4. Either this is pre-breakout reaccumulation or pre-breakdown distribution.. Just waiting for a direction, bulls or bears who will lead the way?