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Hive (HIVE / USDT) Bang, Bang, Bang!!!! Next possible bullish wick 2.6 dollar .. I told you months ago. Hive repeats cycles.

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@criptoar
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Fibonacci can indicate a possible bullish wick between two dollars to 3 dollars.

We will see

Months ago I started telling you that Hive was repeating a pattern of ranks.

I have identified times that the price of hive repeats.

For weeks I have been saying that Hive is building price around 1 dollar, to continue rising, repeating pattern of ranges and this is happening.

Previous analysis link

Current situation

The price of Hive consolidated the price in 1 dollar per day

This was done while bitcoin was correcting, denying the strength in the price construction by 1 dollar.

Now we continue to see upward momentum, at the time of writing this article the price is at $ 1.32.

Price Up

If we analyze the chart with fibonacci extensions in the previous range, we could obtain a possible target price in the medium or near term depending on the strength that the hive price continues to have.

If we measure in the previous range, we see that the price exceeded the 2.618 fibonacci extension.

Applying it to the new range, a daily projected price for a candle whose wick reaches 2.6 dollars or more than 3 dollars as the previous range.

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READ DISCLAIMER: this publication / analysis is only for general information purposes. I am not a professional trader and I will never be a financial advisor. The material in this publication does not constitute any trading advice of any kind. This is the way I see the paintings and what my ideas are. Perform your own analysis before making an investment decision. Use money that you are willing to lose if you make an investment. If you make exchanges or investments after reading this publication, it is entirely at your own risk. I am not responsible for any of your gains or losses. By reading this publication, you acknowledge and agree that you will never hold me liable for any of your profits or losses.

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