I am enjoying this roller coaster, with some interesting aggressive patterns forming here.
Buy Support: $0.36
Breakout: $0.40
30 Minute Candles
What do you think Hive, will we break out from $0.40?
1 Hour Candles
Where will we see the price go from here? The price is in between 2 high-volume zones (H4 zones) and if we hit 40 cents, there is a very nice quadruple bottom forming here.
This is not financial advice, it's actually the first time I have seen a potential quadruple bottom leading into a breakout. Anything can happen, and if I am right you can upvote the post.
Have a good day hive!
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hive will hit $1 before this year runs out. save this post and write down todays date.
i am giving you a strong signal, this is the best time to buy hive, although NFA (NOT FINANCIAL ADVICE). but to the look of this i can boldly say it.
Hive to the moon 🌙 💯
00:13 Mountain Standard Time (UTC 06:13)
Wednesday 08/04/2021 m.d.y
Woah synchronicity too when you look at the seconds 12:13:21 was the precise time in my local time zone.
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Oh now that even makes it more interesting
yes i love this
Finally someone makes a call. I respect that.
😇
You know for the most part Hive/steem seems to trend with Bitcoin. SBD used to follow bitcoin trends religiously when the bid bots were king of steem😄
But in my very ignorant opinion, I think Hive will trend with bitcoin in respect to how it did before during the bull run.
But you are right about so many random variables like some big time influencers coming here. But still yet it would appear the large stake holders/ witnesses do not want the censored content creators/influencers here judging from the flags and lack of communication to the content being flagged in deepdives which I noticed the past 3 days has stopped😮😎.
Also was informed there is a team of people doing out reach for hive to content creators. It is just not clear who this Hive onboard team is reaching out to.
I half expect Hive to stay just above 0.3 until the upcoming draconian measures are ramped up and publicly announced like it is currently being soft rolled out in America.
In the short term, we may go below 40 cent. I think there's still a chance to hit one dollar before the year end. Right now seem like a great time to accumulate those precious hive.
Swing trading atm, so the bottom matters in my context, but you are very right in the long term!
Do you mean short or long term? I think/hope, at the end of the bull run (this year according to some 😀), Hive will likely get over 1 or even 2 dollars. But what do I know? It is a guessing game until full adoption in a few years. For Hive as well. But it would be spectacular to see a 3 or even 5 Dollar Hive Token in the future, whenever that may be.
I left time up to the comments essentially. The daily candles suggest that I would see it in the near to immediate future, but this high volume zone around 40 cents could be revisited at a later date if we go down some more.
It might and I hope it does. But we really need more reasons for people to buy up hive. The constant sell pressure from full time buyers is perpetual so we need to counter that with significantly larger buy orders.
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Sometimes lower prices increase adopt rates, educated people will opt-in for potential short and long positions if they see an oversold asset.
But like I said, there is constant sell pressure from all the full time bloggers. Anyone with enough money to pump the price up will take the time to research and will get turned off with the reality of this blockchain. Bloggers blog, curators curate, and a ton of those rewards are sent to exchanges and sold.
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Liquidity is a good thing. We need as much Hive as possible on exchanges because traders are much more educated than bloggers, speaking from personal experience too. I would trust a trader for 100 reasons before a blogger.
Right now, all the liquidity that those exchanges are getting are in the form of sell pressure. Sell pressure makes the price go down. So, everyday, we have guaranteed sell pressure because authors and curators are sending their rewards (new coins minted out of thin air, like the USD, like bitcoin etc) to exchanges, and pressing the big red in capitals SELL button. So, the more liquidity there is, the more money it’ll take to move the price, and all the liquidity the exchanges are getting are from sell pressure.
I have been here long enough (birth of steem) to tell you, that still, after 5 years(considering Hive is continuing what steem was meant to be), we still need to go up around 20x in price just to tap our ATH... everything is public, anyone can look and see that when it comes to price performance, hive/steem have flopped. The reason has never, ever, ever, ever, ever, been addressed... HOWWWW will we have so much buying pressure, that it’ll counteract all that sell pressure?
I’m sure you’re more educated than the average 100’s of plebs I talk to on a daily basis. You can tell that the liquidity in hive is so low that the price jumps 50% and comes right back down after any big move is made... now is actually the best time to push the price super high because it is the easiest due to the low liquidity. But, without any perpetual buying pressure, the perpetual selling pressure will just eat all those gains. Our USD price is only what it is because bitcoins high price makes the 1030 satoshi price appear high, when in reality we are down from over 600000 satoshis...
It doesn’t matter if anyone here, regardless of their size and influence disagrees with me. I am not sharing an opinion, I’m sharing facts found in reality.
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Low volume and price increase, maybe the selling pressure is finally off.
Great updat mate!
but with the look of things am telling everyone to note it down now that hive will surely go to 1 to 2 USD ($) in the next coming month's.
The future of hive is very bright
Looking like its building some nice support and winding up for a leg. Although if it visits anywhere near .20 ill back up the truck. Maybe big crypto selloff in december??
Keep rockin phil!
I am planning on taking half of my hive account value over to Theta, but they have bigger issues than hive, their software for streaming is fucked up atm.
Theta been a ripper. Some crypto charts really show strength while some been straight doo doo lol. Hive reaching prior highs at a buck this prior run up is good sign i think.
Yes Hive will break out of the 0.40 range. Gut feeling wise I would say 0.45 by Friday, then the weekend madness driving it to 0.55 by Monday to resettle at about 0.41 on this post payout day.
Thought I would try to speculate, now we wait to see what numbers come in.
We are 1 Michael Saylor style blogger away from hyper hype fomo, in the case Elon Musk liked Hive, the son of a bitch likes DOGE lol... Some crazy stuff would happen to this network.
I have wonder what the first big celebrity would do this this platform, I know about the old school hacker on Steem who started releasing Wikileaks style drops on hive, but the he/she was asked to leave...
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Looks like I missed my 0.45 by one day. I will be very surprised if it does hit 0.55 sometime on Monday.
I think after the steem fiasco with Sun, that most people on Hive would care less if some big celeb came on scene, or some big millionaire. A few star struck people would beg at them, but most people i think would just treat them like another new Hive user. I'm not sure there are enough people on Hive that would be willing to feed an ego starved celeb/millionaire.
Yeah its sad we got a shit celebrity like that. At least there is @tdvtv The Dollar Vigilante is the kind of influencer who is all good n here. It would be nice to see more libertarian influences on here, no more shit hole communist Marxist influencers.
What I think based on my analysis is i see it crossing that 40 cent in very near future , very easily . And short term in and out can still be performed with less risk. Just my analysis not an advice to anyone reading this ( DYOR ).
Me too, it has so much momentum but we will see if this is just some bears making a wedge soon.
Good going with considering the candle sticks , to be honest i am very much confident about hive breaking this mark easily before this weekend and i am happy because i invested at $0.28 so i am in good profit already.
I am not having good knowledge of what you presented here. the candle sticks and all that but i hope that hive can cross all the limits and boundaries to reach new heights all the time. $0.40 is also a nice target and i hope it is achieved soon.
@darkflame you have been awarded 10% of the author rewards from this post. This is due to a recent decentralized activity you participated in.
Thank you for supporting decentralized economies near you!
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