I have been pretty inactive on chain since my last post. It's a sharp fall in activity considering I was writing a post every single day for over a 100 days as recently as just early last month. However, there was a time during my earlier days on hive I used to write one post a week and that was completely the normal pace for me. And this "inactivity" I mention might have been quite the "normal" level of activity by my standards back then. And by my own standards this is now "inactivity."
Anyways!
We have been expecting another "dick" candle of hive for the last week or so. And I have been diligently keeping an eye on binance at around 6 a.m every morning. It had become sort of a habit. No matter when I went to sleep, and this being the month of ramadan, we end up sleeping a bit late anyways - I was still finding myself up to have a quick glance at the hive chart. But there was no significant activity whatsoever.
Earlier this week I was placed in the Geriatrics ward for a couple of weeks and yesterday was my first night shift there. The location of the geriatric ward of DMC is pitch perfect setup for a top class horror movie. It seemed a bit haunted even during the day, but as I walked through the dead ends of the very old DMC building, I couldn't help but appreciate its potential for a horror movie.
No I wasn't afraid, I ended up watching (more rewatching for the umpteenth time) the final two movies of Harry Potter as sort of the lone survivor in a haunted house.
But you know what's one thing that is common to almost all horror movies? The characters always find themselves out of cellphone network so they can not call anyone for help. So, how odd would it be, if one of the finest locations for a horror movie had mobile and internet network?
Very odd indeed. Hence, I had no access to any form of mobile communication through the night. And as fate would have it, HIVE would rally this morning! You know, the one I've been diligently waiting for! I was awake at 6 am of course, by habit, and by the mosquitoes. But I would have no idea of the rally until around 8.30 a.m. when I left the ward. By then the peak at nearly 50 cents was already done and dusted.
Notice the dismally absent volume in the leadup to the pump. Very interesting, and very boring for swing traders like me.
I however placed a couple of sell orders - one at 46 cents, and another at near 48 cents (but this was more of a wishful thinking). Luckily however, both the orders got filled by midday (I think. I was asleep for most of the day since returning home).
"HIVE always pumps in pairs."
So even if you've missed the first dick candle, there will be another opportunity within a few hours almost always and this is what I banked on. I have already closed half of a buy order with some solid profit.
41.8 cents - I have my eyes on you!