HIVE POWER UP DAY 1.feb 2024

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

I haven't made any big plans for this year, I think I'll keep it simple and accumulate 50% in Hive of the HBD I get paid from posts and I want to save the rest in savings for 20% APR for purchasing power if I see anything I want. Will certainly buy for a larger % as long as we go down and less when we go up. In any case, I will make sure that the hive power grows every month.😃

It would have been nice to see 15k hivepower by the end of the year and 1k HBD. Also want to diversify into SPS and take use of the swap.hive-sps pool and stake the SPS after reading a post from @mypathtofire on the diesel pools, great post btw it made me play a little bit again hehe. Not that I play much Splinterlands only for fun but the chart of SPS looks great imo, and its like 40x to the ATH right? It could help me reach 15k hivepower.. Back to Hive, here are som stats again.🚀

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Had a total increase of 2.26% in Hive power vs previous month of 2.51%.

Including my TA thoughts as usual, as I want to track my ideas. In previous 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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Just like the previous post, not much to say, sticking to the analysis above as its not been invalidated. And mentioned a retest of orange trendline is expected, id like to hold it! If Bitcoin takes a dump sub 40k again I guess Hive will test its low again at $0.25.. Well if that happens then il just watch for the 4th bullish divergence to buy.