HIVE POWER UP DAY 1.dec 2025 and #HIVE TA ๐
Hey everyone, time for another power up day! Congratulations to everyone following it. Had a nice 2.4% increase and now holds 22383 HP. Price wize not gonna lie not fun.. "I can only cross my fingers that we get classic Moonvember now!" Well, that didn't happen, we got capitulated instead? Regardless TA see under, hers is status.๐
2025 goal: goal for 2025 will be 20k HP and 1k HBD. I should crush that!๐
Including my TA thoughts as usual, as I want to track my ideas. In previous post I where talking about
There's not much to say here, we're doing the opposite of the previous cycle... Mirroring Steemits previous cycle and we've seen descending triangles break down over and over again. Its not good. Same rules, must get above 200 MA on daily at $0.2139 to be optimistic.
In the next rally we will see a bearish retest of the breakdown lvl at +-$0.17, rejection = confirmation of cycle is done imo.
And same apply, no change for HIVE. Continually rejected by daily 200MA now at $0.192. ๐ The red line.๐
My usual weekly chart, RSI fell below 30 and rejected on retest, the last time the same thing happened was in Spet '20 and what followed was a 40% drop and 100 days before it went above 30 again. If the same happens, $0.06 is the place and look for a bottom and reversal from.๐
Invalidated: The fractal im tracking so I remember it.๐ (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 latest TA on the crypto market here:
๐ Codex VIII โ Another Trick: The Crescendo That Never Played
Happy PUD and PUM, see you next month. Have a great week. Bye! ๐
Read about:
Hive Power Up Day - December 1st 2025 and more info about PUD at @hivebuzz
My previous powerup post:
HIVE POWER UP DAY 1.nov 2025 and #HIVE TA ๐
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CCC's Street Art Contest #277 | ๐ : 100% Liquid Payout and Ecency points as Prize Pool & Winners of #276
Christopher
Kristiansand, Norway
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