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RE: [HIVE/USD] - Long Term "wishful" TA

in #hive5 months ago

Doesn't make sense to predict based on chart patterns when the audience with stake is like 12 people. Does the product have a viable future or not? If not, you aren't going to see a random burst of value out of the ether unless one random whale decides to invest big time for no particular reason.

And I don't think that whale can be predicted by analysing charts...

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Well, we are many more than 12.

Although you're right. 100% of stablished markets are simply ruled by algorythms and 99,99% of our price action it's just machines catching up with what BTC is doing but worse.

Regarding the "viable future", no one knows and that's why those things are unpredictable. But this is a "continuous" event, it's not a 0 or a 1.