Crypto2AF

HIVE/USDT - Hive: SuperTrend BBand Breakout

BINANCE:HIVEUSDT   HIVE / TetherUS
◳◱ On the $HIVE/ USDT chart, the Supertrend Bband Breakout pattern suggests an upcoming trend shift. Traders might observe resistance around 0.3761 | 0.4142 | 0.4815 and support near 0.3088 | 0.2796 | 0.2123. Entering trades at 0.3346 could be strategic, aiming for the next resistance level.

◰◲ General info:
▣ Name: Hive
▣ Rank: 305
▣ Exchanges: Binance, Huobipro, Gateio, Mexc, Hitbtc
▣ Category/Sector: Media and Entertainment - Content Creation and Distribution
▣ Overview: Hive is a platform for creating decentralized applications (dApps), specializing in content distribution apps, that originated from a contentious chain split with Steem. As a result of the fork, the Hive network contains all of the content previously deployed to Steem. The split arose from a protracted battle between the former Steem community and the Tron Foundation after the latter acquired popular Steem-based app, Steemit Inc., including its STEEM holdings. Hive intentionally did not distribute HIVE tokens to Steem accounts associated with Tron so their perceived adversary could not have a stake in the new network.

◰◲ Technical Metrics:
▣ Mrkt Price: 0.3346 ₮
▣ 24HVol: 1,172,934.055 ₮
▣ 24H Chng: -2.846%
▣ 7-Days Chng: -10.44%
▣ 1-Month Chng: -13.07%
▣ 3-Months Chng: 11.79%

◲◰ Pivot Points - Levels:
◥ Resistance: 0.3761 | 0.4142 | 0.4815
◢ Support: 0.3088 | 0.2796 | 0.2123

◱◳ Indicators recommendation:
▣ Oscillators: NEUTRAL
▣ Moving Averages: STRONG_SELL

◰◲ Technical Indicators Summary: SELL

◲◰ Sharpe Ratios:
▣ Last 30D: -2.04
▣ Last 90D: 1.08
▣ Last 1-Y: 0.57
▣ Last 3-Y: 0.74
◲◰ Volatility:
▣ Last 30D: 0.42
▣ Last 90D: 0.50
▣ Last 1-Y: 0.58
▣ Last 3-Y: 1.35

◳◰ Market Sentiment Index:
▣ News sentiment score is 0.82 - V. Bullish
▣ Twitter sentiment score is 0.63 - Bullish
▣ Reddit sentiment score is 0.67 - Bullish

▣ In-depth HIVEUSDT technical analysis on Tradingview TA page


▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated!

◲ Disclaimer
Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk.

Welcome to the home of charting big: TradingView
Benefit from a ton of financial analysis features, instruments and data. Have a look around, and if you do choose to go with an upgraded plan, you'll get up to $30.
Discover it here - affiliate link -

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.