Bullish Formation for Hive Blockchain (HVBTF)

Mike Paulenoff MPtrader

For the past 24 hours since FJB highlighted HVBTF (HIve Blockchain Technologies), it has climbed from about 2.20 to 2.58. My near term chart work indicates that upside acceleration should emerge on a climb above 2.70. For the time being, the upmove from 2.05 to 2.60 exhibits bullish form, which tells me to EITHER buy a pullback if able, into the 2.45-2.40 support zone, OR on a breakout above 2.70... Last is 2.57/58.

Author

Mike Paulenoff

MPtrader

Michael Paulenoff has been a student of and a participant in the world financial markets for the past 26 years, since his graduation from the Georgetown University School of Foreign Service in 1979.

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