Hive appears to have consolidated into a GIANT Bullish Flag or Descending Triangle pattern.
The horizontal baseline of the pattern has acted as support numerous times, and this specific price range has a lot of confluence dating back to early January of this year when it acted as a ceiling resistance before Hive sliced through it like butter surging over $7.00...
Another Canadian-specific play, via TSXV (venture index)
Felt stupid for buying at 2.81, after a couple of days, break-higher out of the bull-flag formation has confirmed. Considering adding more to this on a correction, which might be starting. Have a very small position and would like to have a better dollar-cost average in case this becomes a long term hold...
Spending some time in the world of financialisation of blockchain and cryptocurrencies. HIVE looks like an interesting player that has recently garnered some attention. Vancouver based and they specialize in ETH mining which will prove interesting because ETH is scheduled to be proof of stake...not so sure, have a bid in for a small amount of shares as I have...
