Who all booked profit from yesterday's HIVE pump and who was unlucky and missed this good pump? Yesterday, when I woke up in the morning, I saw that Hive had pumped about 14% and there was a good amount of volume too. As soon as I saw this pump, I had around 1064 Hive and I sold all of them.

I checked the chart and according to 1D time frame it was at its resistance that is $0.28 and also the RSI reached 75. I thought if the pump continues it will atleast take a correction and therefore I sell all the amount.

I waited for the good support to buy back and also kept on checking MA. Then I kept waiting for the price to dump a little so that I could buy again. Sometimes it happens that Hive pumps once and after cooling down, it pumps again, which increases the price by around 30%.

Future Market orders

Spot Market orders

After Hive dropped by 8%, I bought again and booked a profit of around $30. I also took a position in the futures market. I saw that on the 1-hour time frame, Hive was bearish and it was about to touch the moving average line, so I shorted $1200 with 2X leverage and after a 2% dump, I closed the position. I booked a profit of $44 from the futures trade.

The total profit was around $80. This was a very good profit in just one day. That’s why we should always keep some liquid Hive with us because such good opportunities come that help in making profit.

Now let’s talk about how to understand Hive’s price pump and how to take profit from it. It is very easy. I have noticed that usually these pumps come from the Korean exchange and I have noticed a special timing for this pump.

Profit and Loss last 3 days

According to PST time, around 3 AM or around 5 AM, this pump is usually seen. The recent pump also happened at 5 AM which was about 14%.

One thing is that timing is very important, and second is that when Hive’s volume starts increasing, then understand that something is about to happen. If the volume decreases slowly, then a small pump may happen, and if the volume starts increasing suddenly, then a big pump will be seen.

Short HIVE $1060(2X) and booked profit $46.89

These are some signs I have noticed, and with this, I am getting good profit. I thought to share with you friends so that it becomes easier for you too to catch Hive pump trades. I hope this post will be informative.

I hope you find this post interesting and I hope you will like it. If you like the post, please leave feedback in the comments section so that the next one will be even better. Thank you for sticking with me until the end.

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REMEMBER: We should prepare for the unexpected and hope for the best. Life may not be easy, but you must do your best and leave the rest to God.