On September 18th I posted one of my HIVE price predictions based on the Cup & handle pattern, Elliot Wave count and FIBONACCI projections.
My target calculated a minimum of $2.67 for wave 3 (black romans). At the moment, the plan and the trajectory followed are aligned perfectly, however, the way in which the price of HIVE is rising is quite rare.
It does not rise steadily in volume but rather does it jerkily, so it is evident that there is a great deal of manipulation in a market with little liquidity. I have read there, I think @edicted has written it in his last post, that 4 Airdrops are planned in the near future, although I find it hard to believe, it is possible that this is moving the price of HIVE as well.
Despite having reached ATH and wanting to get higher, the situation is very rare and although I feel very happy and excited to see our token and blockchain climb in the range towards the top 100 crypto coins, I am very cautious with the situation.
That is why I take advantage of the moment to set part of my stake in HBD and, why not, also cash out some of my stake.
It is possible that this unbeatable situation will continue in time but remember that we were below $0.20 not long ago and this situation could return with which, in my opinion, it is better to "buy a little spiritual peace of mind" than to regret later. Here we are to enjoy and have a good time in addition to going for the LONG RUN.
Hive on!
*Disclaimer: This is just my personal point of view, please, do your own assessment and act consequently. Neither this post nor myself is responsible of any of your profit/losses obtained as a result of this information.
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