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RE: $HIVE Technical Analysis - 08.09.2024 And Some Thoughts

in LeoFinance • 2 months ago

Love it when you return and bless us with $Hive TA! Not enough of that out there and it is the most important token in my portfolio.

I have been buying in small chunks all along and a little more regularly below .20$. It doesn’t always feel like a great short term investment but that goes away quickly when you stake it and bask in bigger voting power when it goes up again…and it always does.

Will it hit .10$ again? I suppose it could as we have seen it before and I will buy the hell out of that! I think we will bounce off .15$ for some proven support which will get the bottom pickers into buying here.

I love the BTC Hive pair right about now!

2 months ago in LeoFinance by
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         2 months ago 

        Thanks @zekepickleman! I'm trying to do this every Sunday, even though most of the times I'm talking to myself 🤣, but I don't mind, because it's TA practice, plus I can see where we are. I'm not looking at the chart during the week, so once every 7 days it's ok and it's fun.

        I have been buying in small chunks all along and a little more regularly below .20$.

        Excellent choice! As I mentioned at the bottom of my post, it's the best to dollar cost average in. The best would be to buy the last touch of the channel, but as no one knows when that is, DCA is the best option.

        Will it hit .10$ again?

        No one knows, but if you want to buy, good to be prepared.

        I love the BTC Hive pair right about now!

        I don' really follow the pair. Would you be interested in reading TA about it? Feel free to say no 😂 I don't mind, it's just a thought.

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               2 months ago 

              To be honest, it was more of a sentiment based on how high BTC is in its lifelong value compared to how close to the bottom Hive is. Any exchanges where I do my trading and TA on doesn't carry Hive and I deal almost exclusively with the Hive dexes. I really should look a little more into the wrapped BTC options here but have stuck to earning HBD and buying up power downs on the internal dex.

              Thanks again for sharing your insight and expertise!

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