Hive/USDT Chart Analysis (JULY 2024)

ironshield 4 months ago

decisions based on your financial and psychological situation

AAAAAHHHHH, BUY the dip about to rocket, no no no SELL it's about to hit rock bottom! I don't know what to do! BUY, SELL, HODL? I suppose my psychological situation isn't great. I guess I'll stick to earning.

anadolu 4 months ago

You summarized the event very well :) We need to deactivate our psychological state in trading. When we trade in stages, we will no longer have to guess the price level. And our psychology will start to improve :)

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freespirited 4 months ago

So with your long standing experience on hive, do you predict a rise with the current trend?

anadolu 4 months ago

You should never make any guesses. The situation will begin to improve when institutional investors begin to inject liquidity into the cryptocurrency market. Otherwise, guessing will never go further than gambling.

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freespirited 4 months ago

That's a good advice. Thanks

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momins 4 months ago

The price of Hive is starting to increase, I think it will increase and will come to the same price as before

anadolu 4 months ago

I hope so. Because we never expected it to drop to current price levels. Profit taking levels for those who entered at these prices were also reduced. Therefore, our job will be difficult in a possible upward trend.

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sahi1 4 months ago

After reading your post, I looked at Hive chart and found that Hive price has gone up to $3.31 in the past. It's the highest price of hive ever. Right now Hive is between $0.20 to $0.25 and I expect it to go up to $0.42 in the future

anadolu 4 months ago

Calculating inflation in the Hive, it will be very difficult for it to retest its previous highs. However, as you mentioned, it will easily reach $0.4 levels. However, for this to happen, there must be liquidity inflow to the general cryptocurrency market.

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arlenec2021 4 months ago

That's a buy zone for me.

I missed to thank you for the increased $CENT delegation.

!BBH

!PIZZA

anadolu 4 months ago

I hope you get successful results. The participation post you published for the event came in 2nd place. Congratulations. We slightly increased the amount of delegation in this event.

arlenec2021 4 months ago

Oh, thank you for that!

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pizzabot 4 months ago

PIZZA!

$PIZZA slices delivered:
@arlenec2021_(1/5) tipped @anadolu

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leo.tasks 4 months ago

Remember to publish from INLEO every once in a while friend to make the most out of your premium membership!

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anadolu 4 months ago

Thank you.

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theringmaster 4 months ago

Interesting to see the price ranges you’re watching. I’ll keep an eye on those levels for sure too. At the moment Hive is more than 20 cents and hit around 22 cents so hopefully things pick up brother

anadolu 4 months ago

It has fallen to unexpected price levels in the last few weeks. As the overall cryptocurrency market begins to improve, Hive will also recover slightly. However, Hive no longer has the old liquidity and transaction volume. I hope it gets to better places.

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theringmaster 4 months ago

I hope so too brother

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anadolu 4 months ago

I also made a drawing for users who follow the Hive price on a BTC basis. The screenshot was taken from the daily time period. The supply-demand zone below is passing through the price level 0.0x355-0.x340. The wide supply-demand region above is in the price range of 0.x38-0.x74. The reason why I follow a wide supply-demand region in this way is that Hive experienced an abnormal loss of value against BTC. The chart below is weekly.

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