It’s hard to go from binging Ghibli to writing financial posts 🙈. It’s a nice balance though.
My understanding of TA is that these are likely patterns that play out either because of human psychology or because of bot programming. News and fundamentals always have the potential to override the patterns but they do play out far more often than chance. For hive I’m always watching how many whales and orcas we have. The more people powering up, the less selling pressure we will have. This doesn’t seem to be the best indicator though as a lot of our price is determined by pump and dumpers since we haven’t reached a critical mass of users yet.
Oh! I can do that all the time :) going to Ponyo to VWAP;)
List of “whales” on hive is easy to look up at various places… the one I use is this one
https://hivebuzz.me/ranking
Just sort by HP. You will see me at #20.
I wish the theory is that simple :)
Price of hive, in the short term, depends on buying pressure from the upbit exchange. That is where usually the largest volume of hive is traded. That hive is never powered up and remains liquid.
Thanks for reading.
Did you get around to Kaguya Princess? And while I’m at it, it’s not Ghibli but Made in Abyss does for me what Ghibli does for most people. My hands down number one anime recommendation. The character design turned me off at first but it’s incredible!!
I haven’t yet, but I will!