HIVE POWER UP DAY 1.may 2024

Hello everyone and congratulations with a happy power up day!😃

Ended up just buying Hive again since we have a correction in the market. And it's actually a good fit because I want to see the hive power grow on a monthly basis even though I'm saving up liquid Hive on the side for a potential big opportunity I mentioned last time. If it comes, it should, we are in a bull run until the end of the year at least or 2025 if we are to follow previous cycles. So then either goal 1 or 2 or both will be easy to achieve. Id like to smash em both with my TA below.😃

2024 goal: It would have been nice to see 15k hivepower by the end of the year and 1k HBD.

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The chat hasn't updated, but I start with a higher Hivepower than the previous month. Had a total increase of 0.04% in Hive power now at 11334 HP vs last month of 0.37% at 11330 HP. Not big men anything haha.😃

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

We had our long awaited breakout, and our targets for the pattern are $0.6. And the main resistance is $0.7 ish.

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We only hit $0.5 and failed to hold $0.4 on a retest from which we broke out. Now as the market are correcting as mentioned above just accumulating this is close to green trendline formed, if this is lost id look for our low at $0.25. Withdrawing part HBD for if Hive will give me the 4th bullish divergence to buy, and If we make a new low and get a capitulation across the board I will be a big buyer, in the end we should see much higher prices during this cycle. For my idea and fractal im tracking il just quote it for my own memory.

A big rally to $1.2 - $1.7 ish the next months, and a big rejection likely to correct to $0.6-0.7 to flip it over to support after it breaks. Just like the previous cycle, this would make for a very juicy swing trade. Sell in yellow circle, buyback in green for the last stage which should hopefully lead to a new ATH. All 3 phases lasted about 3 months each, fits with this cycle peak can perhaps come in Dec 2024 considering Total2.