This is what happens when good news starts flowing...
When good things start happening, they tend to beget more good things happening.
Things like new exchange listings beget more new exchange listings... The price runs up and it causes more people to become interested and buy in, thus begetting more price run ups.
Which is more or less what we could be seeing right now.
After that big run up from $.10 to $1.00, HIVE caught the attention of the broader crypto community.
Which means, traders are now watching HIVE very closely.
I stumbled upon a perfect example of that this morning...
Chart Davidson posted this on twitter as it relates to HIVE:
(Source:
)https://twitter.com/ChartDavidson/status/1257666874323677185
- ChartDavidson
He's basing these charts off of fractals and the elliott wave theory, something a lot of traders in crypto tend to do.
Why is this interesting?
You may be thinking... So what Doc, he's putting up some charts with some squiggly lines just like you or anyone else could do on here, what's the big deal?
By itself, it's not that big of a deal, but what it represents is a big deal.
It represents people outside of the HIVE ecosystem paying attention to HIVE.
Which is exactly what we are going to need to happen for HIVE to go on a sustained run.
People outside of our little ecosystem need to become aware of HIVE and they need to start paying attention to it.
And the little example posted above from Chart Davidson shows that they are.
This is great news for HIVE going forward.
Now, we just have to hope his chart pattern ends up playing out, as he's calling for something between $2-$3 on that 3rd wave.
Stay informed my friends.
-Doc