The uptrend for Hive is still intact.
Hive broke through two channels with news yesterday about Genesis attempting to take control of the board.
I think now that the market has had a chance to shake weak hands, we may start to continue the uptrend, as long as Ethereum & Bitcoin do as well.
Time will tell per usual.
Following the dispute news between Hive and Gen we saw a 24% decline today which from a technical stand point only did the much needed pull back to the broken major resistance of BTC 4300. Should we see the bottom channel support I think it will be evidence that the trend has not reversed. Also there is some major static support here as well. #hiveblockchain
HIVE crypto farm miners in Sweden, Iceland etc. Blockchain infrastructure company. Cost-effective power energy politically stable jurisdictions (Iceland & Sweden) with access to low cost green/renewable energy. Mining and sale of digital currencies. Perfect asset exposure to crypto market. HUGE upside potential. Hopefully it will work out. Recently we have seen...
When Amazon shares were $30 and people said it was never going to go higher.
Confuse and divide seems to be the press’ current mandate. The case for and against Bitcoin is so hotly debated world wide. Let’s explore both sides of the coin.
Bitcoin allows people to transfer money without a bank or the swift system. It’s stable and less volatile than the currencies...
I am long on HIVE now, there are very massive targets on the upside considering the percentage gains of wave (I), this can get anywhere from $60 to $150 depending on how far cryptos rally. First things first, wave (1) of major 3 I am targeting the $6.50 area. If this makes new lows then this count is invalid and will need to be revisited.