Congratulations with a happy power up day folks!ð
March came so suddenly, probably because it's 28 days, I just didn't understand anything today hehe. Anyway, here's this month's powerup. Had an 1,63% increase in hivepower, lower than previous month of 1,86%. I would like to see it above 2% as I need 390 HP per month for my 2025 goal. Should be easy to achieve as I am around 20k if you include liquid HIVE as I am taking advantage of the volatility, if you are a reader you know my plan since march 2024, see my TA below.
2025 goal: goal for 2025 will be 20k HP and 1k HBD. I should crush that!ð
Including my TA thoughts as usual, as I want to track my ideas. In previous post I where talking about
we have likely started a 3 month correction like the last cycle and my target will be green circle. Just like at the bottom with the weekly bullish divergence screaming buy, at our top the RSI hit overbought for the 3rd time in history (yellow circle) so that was screaming sell to me, probably a good time to take some chips off the table to buy back during a correction.
Just as expected! Green circle hit. â Now what? Well if you sold the rally that made a higher high then it's time to buy back imo as RSI is in my green circle just like the previous cycle and price too, and also the crypto fear and greed index hit 10 yesterday. Wow max fear. From our market cycle low it took 210 days until our higher low was created, so far this cycle we are at 203 days, we are close to the bottom imo. Then the next thing would be a 5-6-month uptrend until our cycle top, probably when the RSI hits overbought for the second time this cycle, you only get 2 times per cycle. We might see one final capitulation with a wick below $0,2 as last cycle to shake out the paperhands.ð (ps. It will be last time you see HIVE below it for many years imo nfa dyor bla bla.ð )
In all my power up posts I have followed the price for years and mentioned the juicy swing trade, sell in yellow and buyback in green circle, I got to accumulate 2500 hive so I had 0 HBD in blue circle at $0,2 and only sold 33% at $0,6 in the rally because of emotions, crap, I even said the technical said sell..ðĪŠ So had little HBD to trade with, so I bought the lower low sold lower high on the daily chart on the way down and now I have 3700 HIVE (+48%) and 100 HBD, waiting for confirmation that the low is in or to buy a possible capitulation wick as mentioned. Imo its highly likely we get it. Lets see. Btw If you're still here, thank you and please leave a comment and mention hsbi, lets share a treat. *first 10.
The fractal im tracking so I remember it.ð (*pricetargets change as you adapt to new data, but the moves will unfold as it have until now)
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.
See my TA on BTC here: (ps. Should do an update as it did exactly as predicted)
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! ð
Read about it :
Hive Power Up Day - March 1st 2025 and more info about PUD at @hivebuzz
My previous powerup post:
HIVE POWER UP DAY 1.feb 2025 and #HIVE TA ð
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Christopher
Kristiansand, Norway
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