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According to your chart. Hive is going to correct. After the correction. The bull market will continue if it didn't break the treadline , once it break the trendline we should expect more sell.

Posted Using LeoFinance Beta

That is correct. I am optimistic realistic. I do not predict the future, I try to understand the situation we are in, price wise, and acomodate my plan to that situation. Always dynamic!

Posted via D.Buzz

That's great

Posted Using LeoFinance Beta

 2 years ago  

Can you predict when the bull season will end?

Posted via D.Buzz

Hey, thank you for passing by! Allow me to correct you: I do not predict. I simply discuss possible scenarios and prepare myself acordingly. Remember that this "prediction" could be very well wrong... That said, I do not know when the Hive bull cycle will end. But I know it depends on Bitcoins cycle which seems to be extending itself to 2022. Still, take this with a pinch of salt.

 2 years ago  

So what do you think about the next Bitcoin Halving and Hive?

Posted via D.Buzz

I think Hive is gradually not allowing the bitcoin cycle to determine its direction

Maybe your short answer to @mehmetfix's question is simply "no". 😅

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True! This was just my opinion and try. I made mistakes and @toofasteddie gave some hints on how to count the waves more acurate! Check his profile BTW. And ty for passing by and commenting!

Thanks for explaining why your answer to @mehmetfix's question was long! 😀

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Or it would even be more interesting to see the $3 as the new price floor..

This is not way to count Elliot waves my friend. The 4th wave can never retrace beyond wave 1, also wave 3 used to be longer than wave 1, in any case, it is a good try

Hum. Ok, guess I have to study more. Do you have a recomended source to learn more about Elliot Waves?
BTW, thank you for the oportunity to learn more!

This is the best and more completed tutorial in the internet:

https://felixmayoral.org/2016/03/29/las-ondas-de-elliott-1/

As you can see. It’s in Spanish, hope it’s not a problem for you but if so, printout and translate

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