Shall the swipe of the Bear Claw sting us once again. Daily and weekly candles.
It has been a couple weeks of healthy green candle action, but quite suddenly, as usual, we have turned back down along side of the rest of markets.
For a reference i have a daily candle picture from last week. (Below).
Back to the current moment though, and sitting very close to $1.00. I think how i am missing a nice moving average indicator on my chart but i am limited to just 3 things and i already have the rsi, stoch rsi, and macd. Moving averages do help find interesting spots in the chart.
Otherwise rsi, and stoch rsi, both pointing down. MACD has a fresh crossover on its averages. Lets look at the weekly, maybe try to take off an rsi and put a moving average on.
Zoomed out, long term view, weekly candle, with a triple ema.
That is quite a nasty candle on the weekly though, referring to this week currently. Lets take a closer look.
All in all, maybe we will find some support. Global tensions, drama in the news, usual nonsense, all influencing markets.
Im doing my duty and doing rounds, to stake my daily rewards.
We are trending right along with overall crypto market and the SPY it appears. Getting that mid week, end week, selling. Nasdaq probably looks similar to it. Maybe some sideways action across the board for a while. Few months, couple years? I wouldnt even care, we want some low prices to stake and stack coins anyways.
Probably a good time for me to get in on the low as I plan to pick up a few Hive of the market to diversify into second layer tokens.
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Interesting times Joe. Moves in the making, or is it not the best time yet, tis the question.
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It's time for the hive to grow, it's time to stop eating grass, it's time for this horse to look at the sky)
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Come to think of it, I actually don't quite mind the flat prices since I am still at the accumulation stage. Hopefully the price will take off after I have gotten more hehe!
100% Relf, i think we have no choice but to play the long game anyways. Cheaper prices so we can back the truck up.
Great share, thanks.
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Probably. NFTs show weaker volumes on OS, so market isn't ready for NFTs = isn't ready for summer and bulls.
Im with ya cotton, a period of slower activity for a while is almost inevitable i feel too.
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I haven't been here too long, when I first joined Hive I believe the price was around the 0.60$ mark. All I've seen is up action with Hive, once I found this blockchain it had me hooked. I honestly got no doubt Hive will have its time to shine fully one day soon then there won't be no more sub $1's ever again
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Dam man, i remember after the fork from Steem, i had a small stash. Price stayed in a range of like $0.13 cents, but i did not back the truck up like i should have. Hard to say exactly how things will act in next few years. Im just stakin n bakin for a while.
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