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RE: $HIVE Technical Analysis - 08.09.2024 And Some Thoughts

in LeoFinance2 months ago

Well, it's true sometimes it remains unaffected by these big dumps and/or pumps, but the bad thing is, look at those big wicks. A bigger order can move the market due to low liquidity and as much as we enjoy these quick pumps, it works both ways.

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If this wasn't $HIVE but any other asset, I would call these scam wicks, or manipulation. But because I know $HIVE, this can be a big order. We've seen people throwing in 280 BTC before, so ... it's not so unusual. This is the time to accumulate if you trust the platform, everyone knows that.

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This is a nice visualization, These upper wicks are good indicators. Thank you for having this.

My pleasure and I'm glad you like it.