Is today's big HIVE pump only temporary, or have we started a new impulse wave?

FOMO is probably what's running through everyone's mind right now. So I wanna look at this pump from an Elliott Wave perspective.

Note: Most cryptos start with a huge corrective pattern first (like Steem and countless others did), before any real impulse wave kicks in. This corrective wave could already be done in HIVE, but I highly doubt that.

I think the current structure is still part of a much bigger corrective pattern, but I wanna let you know that there also is one count for "we will never see 1200 satoshi in HIVE again". So it's possible but unlikely at this point.

Feel free to use and share my charts, but please mention me, @ew-and-patterns as the author. Otherwise it is considered plagiarism and I will flag you and advise my friends to do the same.

Please consider leaving a comment, like or resteem, if this post entertained you or helped you see things differently...

Have a nice day :-)

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