Special thanks to Canva for the free cute logos for this blog.
Disclaimer
We are Entering the Bull Market
Before I upload some hourly/daily charts, let me explain to you on what I love about this news and this news that I really love to share with you guys. A few weeks ago, someone told me that HIVE is currently "the most undervalued" coin in the market (although there are also some). But the most intriguing is the accumulation zone between the months of November 2020 to January 2021. (shared photo since Jan 21, 2021)
I have already shared this projection with some minimal key levels in a small discord group. The candle stick projection was just mirrored and flipped from the bearish side of the HIVE/USDT market (BINANCE), which currently now that its possible that we will be hitting the 0.3USD price or even higher if we also have to be a BTC-pair-bias.
Hive improved from Engagements!
In general, the Hive community is a very strong community, ranging from different countries and different, with users almost every post mentioning $HIVE in their tweets and comments to the most famous Elon Musk tweets, and the trending WSB reddit-gamestop hot topic. Users from hive managed to voice out and shared the power of freedom.
It was not really very unfortunate however, I know some of those tweets were seen by many users and looked up this platform without us knowing, and this is not all just about HIVE, this also include the LEO-Community.
Note - "Traffic Overview only for PeakD - Thanks to SimilarWeb.com
HIVE/USDT Pair
We already hit and broke the 0.14 and 0.20USD key levels, waves 3-4 might be a little longer if we want HIVE to sustain at a price of .75US-1.25US if anything goes wrong and dumped again, these levels would be important and it has to happen. A healthy retracements and maybe a lower levels of reversals in case BTC would be dumped, or we really dont know how the market reacts when people are trading with emotions after a news has been sold and people are buying the news, and that's good so we can discover another All-Time-High.
The price of hive could potentially be priced at 3-5USD if the HIVE/BTC pair is also bullish, where in some cases HIVE could only be bullish if BTC is bullish, knowing that the price of BTC on any time could reach 100k-200k. We dont know, you don't know, the market doesn't care about you.
HIVE/BTC Pair
After Binance listed HIVE in their exchange, we thought that HIVE has a lot of price potential in the future and we could be trading sideways and the lower we can go is 3K-2.5K Satoshis, unfortunately nope. There are still plenty of users who has been holding STEEM that we are not aware of (If you still dont know about the STEEM-HIVE hardfork - TLDR, basically those who owns STEEM and STEEM DOLLARS will also have HIVE in equivalent, and then a sudden STEEM price surged after the announcement) but at least they have time to dump it and use the HIVE to stake.
The four purple lines (for beginners) are levels which is to be discovered in the future, this might be a resistance and/or just breakout and make it as a support. The four purple lines are pivots from the bear side of the market, some are predictable if you are using a proper indicator, the four levels are only exclusive for red Fibonacci range, we still need more evidence if HIVE will be bullish for BTC pair, for now - HIVE is BULLISH.
The important part for now is that we are going up, and treat this post as a STRONG BUY Signal in the long term, from increasing volumes to increasing highs year to date.
Take small Profits / Sell Slowly
Do you want HIVE to reach the moon? The solution for that is - DO NOT SELL (read disclaimer too) - or so you think, there are other ways to sell HIVE, is by SELLING a minimal amount and also by buying back through retracements. If you are new to trading, then this may not be for you, but its a good practice and also an awesome opportunity for you to trade like thise while we are still on a BULL MARKET.
Updates from our Small Group
While some of the members took the invitation for granted, rest assured that these are still members of the group who is/are still observing and indecisive
- We have new faces on board, with the shared positions in SPOT and FUTURES trading.
- Setting up a Fresh Discord Server so we can give more access to those who are willing to take this opportunity to learn and grow as an individual trader in the future, (by making his/her own trading decisions), and to Filter out the members who just like to observe first.
- Creating a Introductory Post for those who really wanted to start trading, but has no idea when and where to start
- Creating a Topic how to manage and Calculate risks
Index Blog
Starting a Small group to help beginners in Trading
1.x.x - Introduction x Start Trading w/ Binance preferably
1.x.x - Rules of Trading
1.x.x - Calculating and Managing your TradesHIVE
2.2.14 - Is Hive really Bullish? - HIVE/BTC and HIVE/USDTBTC
3.x.x - Elon Did not Pump BTC in one Day
Sources/Links/References
Similar Web - Website Traffic Analysis
Trading View - Live Trading Charts
Canva - Free Online Photo Design Editor
Discord Group - Generating
Binance Exchange - Refferal
Trading Indicator 1 - To be Shared
Trading Indicator 2 - To be Shared
Trading Indicator 3 - To be Shared