Where all the other crypto coins are busy on the weekend, there #hive is thinking about having fun. A very good weekend start was seen with another excellent pump that was seen today and almost a 43% pump was seen.
Many users took profit, so many regretted why they did not sell and some people fully enjoyed this wave. I have a team with my uncles and I always tell them one thing that every movement of Hive gives me profit.
So they asked, how? I said that whenever the price pumps I always keep liquid funds so I can take advantage of the pump and do profit booking. If Hive pumps more then it is also beneficial for me because the more Hive price increases the more earnings in the ecosystem will also increase.
And if the Hive price comes down then that is also beneficial. They were surprised and asked how? I said that I get a chance to increase my quantity. I do conversion between #hive and #steem and on every rotation I get more quantity.
Or I buy again at a low price and wait for the next spike. In short, by staying in Hive I get profit in every way no matter how the market situation is. That is why I do not leave Hive. We all should try to stay in that coin where we get profit in every condition.
Now let us do a short analysis of today’s price pump. We saw that #hive took another spike and then cooled down again. There was a good increase in volume, but it was not enough to make this pump a real pump.
Remember that whenever #hive is in a pumping position, especially on #binance, and volume goes above 30M, then understand that this pump has strength. But if we see 10M or lower volume, then this is temporary pumping.
I have noted this very carefully, and you can estimate it by looking at past charts. Anyway, the good thing is that #hive has been increasing in price continuously for some weeks, and many spikes are being seen, which is forming a trend-making pattern.
Now the question arises, is the pump over? If the volume reaches 30M, then we may see another good spike which this time will cross $0.10 and make a base support there. But if the volume decreases then the pumping is over and profit booking becomes necessary.
I am keeping my fingers crossed and watching #hive very closely. Best of luck.
I hope you guys will like this post and is interesting as well. If you find it informative then dont forget to give me a support. Share you reviews in the comment section below. Thank you all for your time reading the content.
IMAGES SOURCES
1
TWITTER TELEGRAM HIVE WHATSAPP DISCORD
