Hive Is Hunting Liquidity Upsides

Today I decided to look at Hive chart I did a top down analysis from the weekly timeframe. I was just focus and interested in the game of liquidity that played out from the past few months is really awesome and interesting to watch using reply buttons on trading view, I will be showing you guys some of my recent thoughts on hive and what I think might happen next base on price action.

The game of liquidity is a powerful concept in trading if you are able to interpret and understand liquidity you base on price action or technical analysis aspect you will be able to know the exact spot to invest on any project.

HIVE/USDT DAILY CHART

On the daily timeframe we can liquidity game on though the downside liquidity has been the winning team.
All the downside LOWER LOWS (LL) was taken out before we started seeing some spike up recently that shows the power of liquidity hunting. I think we are ready for the upside liquidity hunting now base on the market behavior all I see structure playing out well in favour of uptrend.

HIVE/USDT 4HR CHART

The 4hr chart I can see a mini bullish imbalance, I'm thinking price might tap in to that zone then boom spike up to clear the upside liquidity.
We also need to consider the Btc price action before taking any order though recently I can see structure being changed from bearish to bullish structures on btc and other coins on the mini timeframe.

HIV/EBTC CHART

Hive/btc chart still shows similar structure when paired with USDT that's a powerful confluence to take a buy order only if the mini timeframe demand zone holds.
Hopefully this analysis can play out I'm on buy side liquidity hunting on hive let's see how it plays I will be dropping updates on this chart frequently.

NOTE: this is not a financial advice always do your own personal research before investing on any coin thank you.

Thank you for reading my post

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