Welcome to the first technical analysis of 2026. Today I have the pleasure to look at the yearly chart of $HIVE, although ... ugh, I know how it looks like and I'd rather look at something else, but knowing where we are is part of the game, if you want to make profitable decisions.
It's the first time I am charting $HIVE on the yearly time frame. There's not much to work with, as although the chain is old, the token itself is fairly new, so we only have 6 closed candle so far.
Unfortunately at the end of 2025, price managed to print a bearish engulfing candle and it is now delivering from a bearish order block
At the time of writing, price is slightly above the yearly open, which basically means nothing at the moment, because the year is made of 365 days, or 364 (whatever) and we are only on the 4th day. I'll get back to this in a year or so 😆
On the monthly time frame, $HIVE closed December with another bearish candle, which is the fifth in a row in the current downtrend. At the time of writing, price is slightly above the monthly open, but we're only on the 4th day of the month, so we'll see when the candle closes.
Previous analysis still valid. Range low is at ATL, the bearish gap marked with yellow is the resistance are and that's what price needs to invert (close above and hold), for bullish continuation.
On the weekly time frame, price printed a bullish candle last week, with a very long upside wick, which indicates that the selling pressure was high, buyers could not defend price. It was the last full week of the year so it is what it is.
At the time of writing, price is slightly below the weekly open and the current candle (although not closed) looks like a doji with a long upside candle.
I'd keep an eye on the swing low at $0.0835, which is next to be swept, in case there will be more weakness. It's hard to know where price is going to go, but if we want bullish continuation, price needs to close above the black like, which action would set a bullish OB.
The daily time frame chart paints a different picture. Price printed a swing low on the 19th of December and since then, we have higher highs and higher lows, which means bullish price action.
At the time of writing, price is below mid-range, but above the daily OB and the bullish gap that has been retested four times this week and still holds price.
Immediate levels to watch are $0.0947 on the downside and $0.104 on the upside, if we get some momentum.
The h4 chart looks promising. While I was away from my desk, price printed a big bullish candle, set a bullish OB as well and ran into a bearish gap, which means internal liquidity, but resistance as well.
If price manages to close above the bearish gap (marked with yellow on my chart), the next high to sweep is at $0.104. In case we get a rejection at this level, retesting the OB and even the bullish gap (green) below is possible. If the bullish bap can't hold price, the swing low that could be swept is at $0.097.
BTC has managed to climb and above hold mid range this week, so if nothing bad happens, that could cause weakness, the swing high to sweep now is $94,550.
ETH/BTC has made a nice move to the upside this week, ran into the bearish gap and rejected. At the time of writing, price is retesting the bullish gap (green on my chart). The bullish scenario would be for the bullish gap to defend price, get a bounce around here, sweep 0.034806, then invert the bearish gap above. If the current gap can't hold price, then I'm looking at the swing low to be swept at 0.033237.
The economic calendar for next week is almost full, we only have one day without data release, traditional markets are opening as well, so I'm expecting volatility.
Remember, technical analysis is not about forecasting price, but about reacting to what price does.
As always, this is a game of probabilities, not certainties. Also please note, this is not financial advice, it's my view and understanding of the market.
All charts posted here are screenshots from Tradinview.
Come trade with me on Bybit.
If you're a newbie, you may want to check out these guides:
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