HIVE Long 72R
Expecting a big move up in HIVE.
It has a very nice looking consolidation pattern after the break above the significant downward sloping accumulation pattern over to the left.
The risk to reward ratio is 72.
I think this is a trade which warrants a 5% risk which would net a 360% gain or 4.6x return.
The divergence between the miners and BTC is significant now and with the bull market in bitcoin most likely continuing it should only be a matter of time until HIVE starts move up a pace similar to that of the previous bull market.
It has a very nice looking consolidation pattern after the break above the significant downward sloping accumulation pattern over to the left.
The risk to reward ratio is 72.
I think this is a trade which warrants a 5% risk which would net a 360% gain or 4.6x return.
The divergence between the miners and BTC is significant now and with the bull market in bitcoin most likely continuing it should only be a matter of time until HIVE starts move up a pace similar to that of the previous bull market.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.