HIVE POWER UP DAY 1.jun 2024

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

Well, just kept buying hive for post payouts, we're back in the accumulation level, so then it's just a matter of powering up. Mostly it comes from HBD and some L2 tokens so it was a decent month overall.😃

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

source

Had a total increase of 2,38% in Hive power now at 11604 HP vs last month at 11334 HP.😃

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

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

source

And we got our 4th bullish divergence (green arrows on weekly chart below). Now patiently waiting for the next attempt to regain $0.4, when we do we should see a nice rally towards $0.6-0.7. If we were to lose the green uptrend we'll have to look for 5th buy.. Just going to quote my idea or fractal im-tracking for my plan 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.