STEEM Joins the Race, Incoming Opportunity to Swap Powered-down Steem if HIVE Struggles?!

in Technical Analysis β€’ 5 years ago (edited)

This just keeps getting better. Steem is pumping just 1 day before my power-down. I'm literally scratching my head on what to do in this GOLDEN situation.

* Steem is pumping and I want to buy more Hive but not willing to pay $1 for it just yet

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*hivewhat.com/charts


* Hive may struggle to pass $1 and has a strong chance of correcting (hard) first, BUT it may find support at the 30MA since it's touching for the first time since the pump began.

Screenshot 20200427 at 2.29.51 AM.png
*Bittrex

If steem pumps and Hive dumps, it's going to throw gas on the Steem fire; with so many people powering down. Praying πŸ™ this happens but If not there's still a good chance we get a sweet opportunity to swap Expensive Steem for Cheap Hive (again) in the coming days.

Peace πŸ™‚


https://bit.ly/JoinBITTREXπŸ“Œ If you're trading HIVE and/or onboarding I suggest joining @Bittrex. The referral program is awesome and works great when explaining to friends how to cash out or trade Hive. You earn each time a referral makes a trade. If interested, please sign-up with my referral link:

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we seen some great price action on both coins, i expect the steem and hvie markets to be active in the comming future big players are powering down on both platforms

yeah the volatility is amazing, never thought I'de see this action with Steem involved... just in time to lock down and trade πŸ˜