I will analyze the leo token that has reached $ 0.30 HIVE
Let's see
Three months ago I analyzed the leo token setting a price of $ 0.05 and indicated that it was a support price, today it is already at $ 0.20 and has touched $ 0.30 HIVE in its first bullish cycle
Analysis from 3 months ago
Analysis Today
Today we see that you have completed a cycle of 5 waves of elliot
It is normal for the price to correct up to 50% after the end of a bullish cycle
The price could go up to $ 0.15 hive, which should serve as a support.
Over time we should see the start of a new bullish cycle.
I decided today to do this analysis after getting my first 1000 tokens I read in staked
And I will continue to support the token leo by staking, it seems to me the best way to value the currency until it achieves a good investment volume.
And I invite you to do staked to continue revaluing Leo
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Protect your assets use Stop loss
The alcoins market is very dependent on the price of Bitcoin, when Bitcoins goes up the alcoins go up more, but also in the other sense, so I suggest that you periodically review a Bitcoin and use stop loss and move it when they are already in profit. Do not let a profit become a loss.
We will continue monitoring
To be attentive
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Lately I have noticed that there is no good analysis on hive, everything takes time, I ask that as you read them leave your vote, it is a way to encourage you to continue making more reports, thanks.
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READ DISCLAIMER: this publication / analysis is only for general information purposes. I am not a professional trader and I will never be a financial advisor. The material in this publication does not constitute any trading advice of any kind. This is the way I see the paintings and what my ideas are.
Perform your own analysis before making an investment decision. Use money that you are willing to lose if you make an investment.
If you make exchanges or investments after reading this publication, it is entirely at your own risk. I am not responsible for any of your gains or losses. By reading this publication, you acknowledge and agree that you will never hold me liable for any of your profits or losses.
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