I've been posting updates on a possible HIVE price breakout and the first of the many more to come (I sincerely hope) is here.
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The 4hour close was at 30cents. I've marked that level on my chart and it closed exactly to the cent. I was hoping to see the price break above it which it has. This is as good as it can get today.
This is a low time frame of 30 mins and HIVE has made a clean move and broke through previous resistance. On the following 5 mins time frame it stopped at an interim resistance level that I was expecting it to slow down at.
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1min chart to show you how close it stopped to my expected levels. The price has moved further from the 5 min screenshot as you can tell the resistance has held twice on the 1 min. But if the setup holds it should blow through it the next time. But I'm glad how this has played out so far.
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The 3D and Weekly now looks better than ever before however, I would like to see atleast 35 cents hit before a pull back.
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I'll post the weekly chart later. For now fantastic move from HIVE. Especially with BTC starting to look a bit dicey after failing to stay above 12K.
Overall, i'm positive about HIVE price but BTC could spoil the setup nonetheless. I'll be back with another update shortly.
You can find my previous posts on HIVE price on my blog.
Not financial advice!
Looking for best👏👏👏
I also thinking the same.
Looking g forward to see the upcoming....
$1 retest this year would be fantastic. But as always, I will take this level to level. :)
Surely...nothing to hurry up... better to be slow n steady...reaches to top
Yes. :) This is just the beginning. There's a lot more ups and downs to come before price gets to previous ATH.
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Now just imagine Bittrex returns the steem belonging to those who had their funds stolen.
Now, imagine they all dumped steem and market bought hive
That would be great for sure! :D
nice move and hoping to see it 1$ once again.
#hive in $hive soon.
You sold some?😜
😉
lol, waiting for your next post now.
Will have an update soon.
That's good for sure. Just landed here few days ago after a break.
fantastic work @firepower
just my first day here
heard there is a big indian community here
Welcome!
The community is growing slowly. :)
do you do the chat contest on hive too just like you used to do it on steemit?
None at the moment. Maybe in the future.
ok - thanks for the heads up. I will keep a track. good day