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Ask Leo: Is Hive pumping again?

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@city-bounter
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Hello hivans, I hope you have all been good lately. Imagesource:@tobetada, I followed up on the recent blog by @tobetada like I always did. I love reading his blogs when he gives update, I try to catch up the knowledge and add it to my other researches. If you have been following up on his posts for the past few weeks, you will discover that he talked about a pump which happened few days later after the blog. He said in there that a rally would occur which brought hive to $0.9 after he published the post. He explained using the details in some of the technical analysis made and it got the right moves at the time. Just like he said that there was a mil. buying wal on binance though it's been cancelled since things like that happen a lot, setting a target is normal. We saw a pump and a dump even though it never got to 55cents at least we were close by (64cents).

Image source: @tobetada

This technical analysis shows that last pump we had could be the start of another one. There could be a rally after 16days interval before getting to a full bull market. I also do not see a total end of bear market this year. Things seems to be changing a bit but this isn't the end of it, it's just like it happened last year November. The analysis above could be the completion of a final red candle stick which means a spike could happen anytime from now. It's not a financial advice like always, invest only what you can afford to lose as crypto is a risk taking investment


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