You should not worry about the Hive Price

[chuuuckie]

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@chuuuckie is not a registered broker/dealer/legal/tax advisor. All investments/trading positions/financial ideas opinions expressed by @chuuuuckie are from personal research and experience of the original poster is/are intended as educational materials. Although best efforts are made to ensure that all information is accurate and up to date, occasionally unintended errors and inaccuracy of ideas shared by this idea/blog/educational materials may occur.

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Dont Worry...

Seeing the chart below, focus on 2 price ranges in which we went below approx. 50%, this would be another important key data we should be considering since BTC is not gaining bullish strength over the past days. Which was also similar on what we had from the Mid of the First Quarater.

Some were bearish for HIVE, but in layman's term, "You gotta chill to maintain a stable price in the future"

HIVE/BTC 4HR - BINANCE

I have not really considered USDT pairs for HIVE because it was pretty obvious that HIVE is very-very cheap and an unfair price for some content creators to get monetized.

Looking into the chart, I have maintained and never changed my Fib Retracement over the past weeks. HIVE Got rejected at .62US, and had a strong bounce at .49US, also considering the BTC price when we should always remember BTC is so very saturated right now.

The shorts and bears are testing the lower grounds of BTC at the first and second week of this quarter, testing those lower levels (that I might actually post later on for BTC/USDT pairs) BTC and other alts might gain a strong buy forcing the shorts to squeeze and break out on some point.

Worse case scenario for HIVE is hitting .35 again, but as what I have seen (based from the bullish bias, this year). Hive is maintaining an uptrend, the skies are still clear to launch and reach the Moon.

HIVE/USDT 4HR - BINANCE

THE BUY ZONE

Buy Zone for HIVE in BTC pairs - 880-950 Satoshis or 1100-1200 Satoshis

Lastly, looks like we had a small spike from the past days, the reason why some alts are bleeding and BTC was not really hurt that much. More BTC updates tomorrow.

GOOD LUCK and TRADE SAFE!

BTC DOMINANCE 4HR

Index Blog

1. Starting a Small group to help beginners in Trading
   1.x.x - Introduction x Start Trading w/ Binance preferably
   1.x.x - Rules of Trading
   1.x.x - Calculating and Managing your Trades

2. HIVE
   2.2.14 - Is Hive really Bullish? - HIVE/BTC and HIVE/USDT
   2.3.30 - 2nd Quarter Update: HIVE/BTC/USDT - "$5 USD for HIVE is it possible?"
   2.4.08 - You should not worry about the Hive Price

3. BTC
   3.2.18 - BTC Hits 51k, whats next 55k or 60k? Lets see the Charts
   3.4.03 - Will BTC rally up to 70k-75k - A is for April, A is for ALTSEASON

Sources/Links/References

Similar Web - Website Traffic Analysis
Trading View - Live Trading Charts
Canva - Free Online Photo Design Editor

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Comments

[poshbot]

[myfreebtc]

I'm convinced we won't go back to under 50 cents in the near future. If you had to take a wild guess on the ATH of Hive before the end of the bull market where would you place it?

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[chuuuckie]

Id place it around $5-10 USD this year, w/ respect of the current BTC price.

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[myfreebtc]

That would be amazing! I will come back to this comment and take a screen shot if hit hits the $5 mark 😉

[chuuuckie]

Chances are higher, but not 100% accurate. Hive Playing at 1k satoshis, we could at least top at 3k-5k satoshis.

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[juanvegetarian]

Looks like a very healthy correction and that's coming from a guy who thinks that anything under $1.00 is still in my buy zone! lol

[chuuuckie]

Yeah, Id be pretty BTC bias for now w/ the current BTC trend.

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