I don’t have near as much time now with 2 jobs to do much charting or posting, so I am going to be squeezing what I can in here. I have moved my trading back to the 1 hour and above time frames so that I can use alerts to tell me when to pay attention to the charts to look for a trade.
Trading Hive On The Internal Markets
Hive is a rare blockchain in that it has an internal marketplace where you can trade Hive vs HBD. This isn’t the second layer Hive Engine I am talking about either. I have been playing around with the exchange that the Peakd team built, which has a real nice swap feature. If you haven’t checked it out, you really should!
Hive’s Price Is Still In An Uptrend
The Hive price is still above the 200 period moving average which still has it in an uptrend according to my trading rules so pullbacks are for buying in these occasions.
The price ran up to .50 like I called, but got rejected hard and fast so I am looking for another run to that level if we get a solid bounce off the MA.
Anyway, off the the grind but paying attention to the charts. Have a great day all!!
Be Cool, Be Real, and always Abide!
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Posted Using LeoFinance Beta
The more I look at Hive from a trading point of view, it looks pretty decent. A lot of sudden spikes can also mean missing out on profit, as it can often overextend your exit point... unless you watch closely and close positions manually.
You can pretty much time the big pumps but it actually has some decent movements to play.
https://leofinance.io/threads/@thelogicaldude/re-leothreads-2odgto
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YO! Good to see you're still around!
I've been gone for quite a while again, but I'm planning on making another one of my famous comebacks lol.
How ya been?!? Working two jobs now... sounds like tons of fun!
Hey man, yeah I am still around. Having to take 2 jobs to recover from the crap bear market. Went too all in crypto and followed the advice of the wrong person or people I should say and so yeah, back to the food grind, lol.
Good to see you back on. Hope you are doing good.
I've been good. Just trying to eek out a few posts between writing full time for work lol