My level at which I will be comfortable buying $HIVE is at the 78.6 Fib retracement (3671 satoshi), if the current market price (3750) didnt close below it. If it closes below the 78.6% then I will prefer to buy it at two distinct levels.
The (1) is because there is support that could be hit if the 78.6% breaks
The (2) is because that is the 88.6 % level.
However, know that these levels are what I am watching, I am comfortable taking risks at these levels.
Anything can happen in altcoin market, they can pull surprise and break further lower. One point I am watching also is at 1952 satoshi. That can be a stink bid.
Now I have 3 buy levels
3190
2500
1952 (Stink bid)
To sell the lots, I will be using the 38.6, then 61.8 % of the Fib retracement as the first point of call
4206 satoshi
4647 satoshi
https://www.tradingview.com/x/bEzWYTX3/
Note: It is possible to target a double on this trade if you follow the little old lady strategy. However, there is risk involved.
