HIVE Digital Technologies (
HIVE) is showing a textbook trend reversal after months of basing. Price action has cleared the Ichimoku cloud with conviction, printing a bullish MACD signal and confirming structure with repeated fractal support.
Setup Breakdown:
Price above cloud and holding above R1 pivot (2.22)
Bullish MACD crossover with rising histogram and momentum curve
Multiple bullish fractals printed from the consolidation base
Entry off the breakout with clean support structure below
Target near R3 at 3.12 offers 48%+ upside with defined risk
Trade Details:
• Entry: $2.42
• Stop: $2.14
• Target: $3.58
• Risk/Reward: 4.14
• Quantity: 25,000 shares
This breakout lines up with broader crypto strength and interest in blockchain infrastructure. HIVE is well-positioned as a data center and digital asset play with rising institutional attention.
HIVE) is showing a textbook trend reversal after months of basing. Price action has cleared the Ichimoku cloud with conviction, printing a bullish MACD signal and confirming structure with repeated fractal support.Setup Breakdown:
Price above cloud and holding above R1 pivot (2.22)
Bullish MACD crossover with rising histogram and momentum curve
Multiple bullish fractals printed from the consolidation base
Entry off the breakout with clean support structure below
Target near R3 at 3.12 offers 48%+ upside with defined risk
Trade Details:
• Entry: $2.42
• Stop: $2.14
• Target: $3.58
• Risk/Reward: 4.14
• Quantity: 25,000 shares
This breakout lines up with broader crypto strength and interest in blockchain infrastructure. HIVE is well-positioned as a data center and digital asset play with rising institutional attention.
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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.
If you found my trades helpful, please consider sending a tip in BTC to: bc1qr35mrh82hykpy9v6znpsyuew85x84ezjyrrf6m
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.