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kuberbindra1
May 26, 2020 11:31 AM

HIVEBTC: Swing Trade  Long

HIVE / BitcoinBinance

Description

HIVE seems to form 3 corrective waves ABC.

Size of Wave C can be the same as wave A. This suggest the buy levels to be around 2550-2650 points

The target can be @100% profit i.e., around 5050 - 5300 levels


Alternatively, it could be a 5 waves pattern with Wave 3 forming at 650 levels. So when buying at 2550 levels, keep a stop loss at 2350

Comment

Get Ready, the bulls shall enter soon
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