HIVE POWER UP DAY 1.feb 2025 and #HIVE TA 🚀

Then month no. 2 was already here, let's powerup! Congratulations with a happy power up day!😃

Continuing the race towards 20k hivepower for the year, I think it will go well, need 360 HP increase per month for the rest of the year for that, should be easy to achieve. Had an increase of 1.86% or 300 hp, so are on the right track. And holds some liquid Hive for trading with the goal of acquiring more hive during 2025. See my TA below.

2025 goal: goal for 2025 will be 20k HP and 1k HBD. I should crush that!😃

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

Exactly as predicted! So far so good, a nice 130% move out of the accumulation circle. Expecting us to clear the $0,49 highs in coming weeks and head to $1 mark before the sell in may go away..

Just as predicted! We cleared $0.49 highs and saw a rally up to $0.69 and my yellow circle.✅ I only sold 33% of my tradingstack as I where hoping we should hit $1, we still can, but I need liquidity for trading the correction if the top is in, if this is just a breather before another push for new highs time will tell. In the coming weeks we need to see a higher high for that, if we confirm a lower high we have likely started a 3 month correction like the last cycle and my target will be green circle. Just like at the bottom with the weekly bullish divergence screaming buy, at our top the RSI hit overbought for the 3rd time in history (yellow circle) so that was screaming sell to me, probably a good time to take some chips off the table to buy back during a correction. Now, there will be bounces on the way or it will be a challenge to acquire more free HIVE.👇

For the context of my thought process over the past year, and @mypathtofire I got it right?, you remember we talked about this scenario 9 months ago.😃

The fractal im tracking so I remember it.🚀 (*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 TA on BTC here: (ps. Should do an update as it did exactly as predicted)
BTC update - 3 months later a bullflag has formed, are we now going to do as Gold did?

Happy PUD and PUM, see you next month. Have a great week. Bye! 😃

Read about:
Hive Power Up Day - February 1st 2025 and more info about PUD at @hivebuzz

My previous powerup post:
HIVE POWER UP DAY 1.jan 2025

Would love to see you in our weekly street art contest:
CCC's Street Art Contest #233 | 🎁 : 100% Liquid Payout and Ecency points as Prize Pool & Winners of #232

Christopher

Kristiansand, Norway