Leo market overview Hints at Something Big

I down took a lot of over priced assets in the past days, the dip run ruined everything but it's no way a surprise because I expected this, but oh well, didn't think it would hurt much to say. I think it's weird how the Hive Blockchain works, I mean if you're holder of Ethereum then you must have seen a huge % drop on your portfolio value, I did myself, going down through $2k to $1.5k is such a big difference caused by this BTC correction. But I notice something rather disturbing, while markets gone red shitcoins gone green, how the fuck? That aside, assets like BCH suffered a huge drop, but BNB was most stronger in holding this dump off, that effect you can see on BEP 20 tokens such as RUNE and SFP, it was quite a strong ground formation, really sweet to watch.

That said, it almost feels like the Hive Blockchain is a totally new world, I mean it fuckin is, things here ain't just the same. Do you know that if you had your BTC stored on Hive as SWAP.BTC you may have suffered less, it's almost like it's always a few steps ahead of the actual BTC. Now, speaking of HIVE, I've been watching a few Hive engine tokens and to be honest, I was fascinated by its market reactions.

The drastic drop low placed global coins and tokens in a red zone, but shit the isolated monsters (Hive engine tokens) were all acting unaware. If a coin is affected by a dump in the market you'd obviously notice it, not that tokens on Hive were totally unaffected but that the value and market actions are more influenced by Community activities than the outside world - my observation, but I could be wrong, I doubt!

Leo market overview Hints at Something Big

So many people explained how sad they were not selling LEO at 4 HIVE when they had the chance, I get that strategy. But if you look at the bigger picture, it is extremely risky to lay off those bad boys now. I got this confidence built round HIVE tokens that I am finally making plans to see how much of them I can own, the future is big.

Outside BTC every other cryptocurrency needs a massive community in support and most importantly good projects unfolding, this is where trust is built round, and here on Leofinance, we got more and more of it. I am certainly not an expert on this, but I can tell anyone any day that investing your money on LEO could be the best thing you could ever do. Price actions matter obviously, but I tend to look at it as just a mere compass moving as the wind blows, but once it stops, we are always back on a greener route.

If you look at LEO price chart very closely, we'll not too closely, because it's obvious. You'd notice those red candles right around February 3rd, the whole market speculations tend to have summarized this period as a downtrend run. But when you look forward to where the candles are green again, it's somewhat looks like a V, I don't know about you but whenever I see these formation I often jump in on that because it's a clear pump surge, let's relate:

BTC:

There you can see a clear V formation, which later formed a larger straight candle, and that's by 15 minutes chart, yes. When relating a bigger asset as BTC it is OK I'll say to use Minutes charts against Weekly chart of lower priced assets, it's a golden move that works for me.

This is also btc when it touched 50k (not for the first time) all charts are aftermarket dump, so that entails that all price movements are individually influenced, meaning no group pumping or huge influential buy, it's all natural, and moving towards support on its own. So, from this, we see a similar price movement with LEO, can you just imagine Leo at $50k? How rich are you?

I have a very limited knowledge about all the projects Currently running on Leofinance due to my tight schedule lately, but I know we are anticipating a microblogging platform and then Leofi as well, am so pumped about this, and basically for the fact that it's gonna be a BSC project, so I call dibs first lol. The chart above shows the volume of LEO traded against HIVE.

With the Volume chart there's obviously more Buy in than Sell off, the highest activity was initially recorded early February where you see those long legs, but notwithstanding, LEO sold back to HIVE has been a no way competitor. It is obviously not possible to see trade range against LEO when this is there to consider :

Though we've witnessed a bit of a drop on Market Cap, I think that's something every asset would face at the moment. Having only 3.36% of LEO in liquid form sends a lot of signals to where we are heading. I mean if am to sell LEO now that would barely affect the market, it would bounce back triple of my % influence, that's fuckin diamond. This happening to be my first article on the Leo Token is literally gonna make my favorite one written, but if any one is still not convinced by this then he/she should just wait and see how richer I'd become just judging from my leo earnings.

There ain't no truth Greater Than This, Leo equals KING!

Thanks for reading this amazing article of mine, yes I applaud myself for a reason. I hope it's a digest and not a digress, if you have any contributions do feel free to share via comments, thanks again

Keep Soaring

Gif created by @mariosfame

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