"The accuracy rate for cup and handle pattern for forex and stock on Daily timeframe are 65% and 68% respectively".
Today, HIVE appears to be completing what in trading jargon is called the "Holder" of the Cup and Holder Pattern structure.
Obviously, this structure is not only visible today in HIVE / USDT and nobody promises the sky nor are there promising upcoming announcements like other projects do and that, normally, it tends to stay there, you only announce without any type of development output.
HIVE blockchain is functional, has been working tirelessly for many years (previously known as STEEM) and has proven its robustness on notable occasions, it is also feeless and transactions are immediate.
We have games (play to earn), we have Blogs and tribes of all kinds, countless tokens working in Layer 2 for years too and we even have DeFi and more to come ...
If you are only interested in Trading and you are based on technical patterns, today HIVE presents a very good one with a controlled risk.
- Conservative Target: 1.8$
- Expected Target: 2.8$
- Stop Loss: $ 0.52
- Conservative Risk / Reward Ratio: 12
- Expected Risk / Reward Ratio: 24
Do your numbers... and researches.
*Disclaimer: This is just my personal point of view, please, do your own assessment and act consequently. Neither this post nor myself is responsible of any of your profit/losses obtained as a result of this information.