If you look at yesterdays post then you will understand the picture clearly. You will understand what I explained and the good thing is that it happened exactly 100% as expected. Whoever took the trade yesterday is surely in good profit today.
I had mentioned that a bullish FVG was spotted and this gap would be filled easily. Without any retracement after the FVG formed the price tested the resistance level.
Now currently #Hive is at $0.1069. There are two possibilities here
- either it will take a retracement and bounce back from the FVG,
- or the bullish momentum will continue.
The next target is $0.1125. Which is acting as resistance level.
Looking at the chart, it seems that the bullish bias is still strong and the price is expected to rise further. A good trade is possible here. Another 2-3% upside expected.
We will see…
THANK YOU!
