Disclaimer
Dont Worry...
Seeing the chart below, focus on 2 price ranges in which we went below approx. 50%, this would be another important key data we should be considering since BTC is not gaining bullish strength over the past days. Which was also similar on what we had from the Mid of the First Quarater.
Some were bearish for HIVE, but in layman's term, "You gotta chill to maintain a stable price in the future"
HIVE/BTC 4HR - BINANCE
I have not really considered USDT pairs for HIVE because it was pretty obvious that HIVE is very-very cheap and an unfair price for some content creators to get monetized.
Looking into the chart, I have maintained and never changed my Fib Retracement over the past weeks. HIVE Got rejected at .62US, and had a strong bounce at .49US, also considering the BTC price when we should always remember BTC is so very saturated right now.
The shorts and bears are testing the lower grounds of BTC at the first and second week of this quarter, testing those lower levels (that I might actually post later on for BTC/USDT pairs) BTC and other alts might gain a strong buy forcing the shorts to squeeze and break out on some point.
Worse case scenario for HIVE is hitting .35 again, but as what I have seen (based from the bullish bias, this year). Hive is maintaining an uptrend, the skies are still clear to launch and reach the Moon.
HIVE/USDT 4HR - BINANCE
THE BUY ZONE
Buy Zone for HIVE in BTC pairs - 880-950 Satoshis or 1100-1200 Satoshis
Lastly, looks like we had a small spike from the past days, the reason why some alts are bleeding and BTC was not really hurt that much. More BTC updates tomorrow.
GOOD LUCK and TRADE SAFE!
BTC DOMINANCE 4HR
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/USDT
2.3.30 - 2nd Quarter Update: HIVE/BTC/USDT - "$5 USD for HIVE is it possible?"
2.4.08 - You should not worry about the Hive PriceBTC
3.2.18 - BTC Hits 51k, whats next 55k or 60k? Lets see the Charts
3.4.03 - Will BTC rally up to 70k-75k - A is for April, A is for ALTSEASON
Sources/Links/References
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