Hive / Bitcoin dominance. Short term looking strong for the $Hivechain 🚀 #leofinance

Short Term (4 hour chart) shows $Hive strengthening against Bitcoin

As I mentioned in my previous TECHNICAL analysis posts, $Hive has been showing two solid support levels @ $1.36 and $1.50. Finally after Bitcoin bumping between $47k and $50k USD value, $Hive has become "more valuable" than Bitcoin in the trader's mind.

Is this the next big $Hive push to (just before) $2? ⬇️

What about $Hive vs USD?

The daily (chart) squeeze may have just been broken. A Bitcoin increase to just under $50k (very likely in the next week or two) will see $Hive pushing the $1.95 - $2 mark, again ⬇️

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My Previous post (1 week ago). $1.30 will continue to be a big support level ⬇️

Remember, $Hive was trading at between 75c-80c a month ago. Right now $1.36 is a serious support level.

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OK enough talk, should you buy $hive?

While slightly biased, I do think the indicators are pointing towards a $Hive push to try and break $2 again. There is always a chance we will come down to $1.50 / $1.36 in which case you should look at trading your HBD / USDT for $Hive. If you're looking to sell $hive for profit : $1.95 will be a serious resistance level and potential price to trade for HBD.

Fear, Uncertainty, Doubt

$Hive strengthening against a slightly droopy Bitcoin -FUD (Fear Uncertainty Doubt) is pretty high right now in global cryptocurrency markets- is a great sign for the #hivechain. A $Bitcoin pump now and $Hive will surely explode 20% or more.

Trade safely and do your own research before investing even $1.

The End

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