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RE: [HIVE/USD] - Dumbest TA wins.

in LeoFinance6 years ago

It's so hard doing TA on Hive now, there is not enough history to do some charting and support and resistance, only time will tell if you are going to obey the old support and resistances or not :/

But agree with you, finally HIVE stopped being boring, both in terms of price action but also in terms of discussions inside the community regarding what to do for the future of Hive... I guess now that there is no "central company" people are rallying up trying to improve the blockchain since they know no Stinkit.inc is coming to save them(as if stinkit would ever save anyone xD )

Posted Using LeoFinance

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Resistances/Supports are the best way of TA in my humble opinion. Trade breakouts have been a technique which I've been increasingly comfortable doing so and HIVE is no exception.

Buy the 'boring' bottoms and sell the euphoria peaks (like yesterday).

I also think that we're still creating the 'core' of 'what is' the Hive blockchain. This post from matt is a great piece of content regarding that matter (also check the comments)

Have a good day buddy! :)