HIVE POWER UP DAY 1.dec 2024

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

This will be a short post since today was our Street Art Contest #225 posting day. But I have to do a powerup post as usual, right? It's been a quiet and nice month as this year's HP goal was reached last month, as I did my Christmas shopping for honey for this year then, see my TA at the bottom and you'll see why. So it was a 2.4% increase and back to normal pace..😃

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

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

We might be close or bottom might be in, who knows, I just know I love weekly bullish divergences, they usually marks bottoms as bear divergences marks tops.

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Looks like my bullish divergence on the weekly timeframe did its job, just like last cycle marked that bottom. And 2 weeks ago in this post HIVE is pumping, are we back? 🔥🚀 I said

we can only be excited if we close this week's candle above $0.25

We got our close above, imo the bottom is in, next is to clear $0,49 highs. Il do a follow up with my price predicion for this cycle and how it will play out, I see somthing cool in the charts, I think you will lik it, it will be realistic as all my TA are, I dont flip flop. Just as with Bitcoin from 16k I talked about bottom was in, and in the end it did as gold! ✅ BTC update - 3 months later a bullflag has formed, are we now going to do as Gold did?

This is looking a bit bleak at the moment. The fractal im tracking so I remember it.🚀

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.

See my TA on BTC here: (ps. I should do an update as it has broken out)
BTC update - 3 months later a bullflag has formed, are we now going to do as Gold did?

Happy PUD and PUM, see you next month. Have a great week. Bye! 😃

Read about:
Hive Power Up Day - December 1st 2024 and more info about PUD at @hivebuzz

My previous powerup post:
HIVE POWER UP DAY 1.nov 2024

Would love to see you in our weekly street art contest:
+HSBI CCC's Street Art Contest #225 | 🎁 : 100% Liquid Payout and Ecency points as Prize Pool & Winners of #224