Zero HIVE
Zero HIVE
3 years ago in HODL by cryptographic (70)
$8.60
- Past Payouts $8.60
- - Author $4.43
- - Curators $4.17
114 votes
- jrcornel: $1.98
- cryptographic: $1.28
- sanjeevm: $1.02
- hodlcommunity: $1.00
- joshman: $0.41
- gank: $0.36
- ocupation: $0.35
- resiliencia: $0.31
- abh12345: $0.22
- vlemon: $0.15
- penguinpablo: $0.15
- tobetada: $0.10
- frankbacon: $0.10
- ctime: $0.10
- therealyme: $0.09
- funnyman: $0.08
- nulledgh0st: $0.08
- netaterra: $0.07
- jskitty: $0.06
- drax: $0.06
- and 94 more
Looks like we have got some strong support at 30¢ - lets see where it goes.
Zero HIVE
Zero HIVE
ENGAGEtokens.Again shows how failed chart analysis is.
Can you tell me how my analysis has failed? I'm always looking to improve. TIA.
Not only yours. Generally I don´t get why so much attention is paid on looking at charts (historic prices) when it is clear (at least to me) that they can´t predict the volatility in the crypto area. Ups and downs with cryptos are not driven by past prices but by market sentiment, action of whales/insiders or even tweet of specific persons. Or would you believe that a whale waits for selling/buying until the chart shows a signal? The other way round. Some insiders act and this creates then a different chart.
But chart analysis is good for doing multiple posts, traffic and users interaction which is probably the main reason and that´s fine anyway.
It's actually quite strange how the market moves... of course it's decisions made by investors and speculators at the end of the day, but it would be hard to deny that prices follow very predictable movements. Why is this so? Self-fulfilling prophecy: if the majority of traders use trend lines etc. to trade the price will move accordingly. In this day and age, a single tweet and decision can change how prices move. But it's hard to deny that prices can be predicted with some degree:
https://peakd.com/hive-167922/@tobetada/crypto-analysis-or-hive-50-today-1usd-soon
Zero HIVE
Zero HIVE
Well said! :) nice post again!
I've got my stop loss eaten at 21 cents a few days ago just to see it touching 40.
Posted Using LeoFinance Beta
Sorry to hear about that. Markets have a habit of being cruel, and that headfake lower was one of the cruelest I've seen. Just horrible! Surely you'll have better luck next time - it'd be difficult for it to be worse.
It's a healthy correction for sure. The only thing I didn't expect is seeing price below $0.3 thought there will be some psychological resistance around that point.
I'm expecting new highs in march.
Let's see how it goes.
Things seem to be shaping up that way, and, with seasonality being what it is, that could continue into the end of May, beginning of June. We'll see . . . maybe I'm looking at the 2017 chart too much! 😂
Hahahahaha yeah, we need to hold onto something positive. 😂
Fingers crossed.
I think we will touch 40 cents sustainably sooner than later. For now it seems that Hive is still strongly correlated with Steem. Hope that will change in the future
That might depend on how much good money Sun has left to throw at bad money. 😂
. . . and on how deep his backers' pockets are. Imagine where STEEM might go if he's a CCP front man. You can apply that to Binance as well, and to anything crypto with roots in China for that matter.
hmm this gives me cold feet for the tokens I have stored on Binance, do you have a preferred exchange?
Bittrex whenever possible.