Namaskar friends!

For many days hive had disappointed me. Its price was dropping everyday. It also made its all time low of last three years. But now things have changed.

As you can see in the above screenshot, external Hive price has increased almost 15% overnight. While I was writing this post, it was more than 15% and still rising. This rise could have been deceptive but it is not so as it is supported by a huge volume. Volume has increased more than five times. It means a big whale or whales had got a chance to increase their stake when everyone was selling.

A false breakout can come from small buyings. If it is not supported by volume, it can be deceptive. So, a strong volume is a sign of real breakout. A big volume means involvement of someone big. That's why hive price is going on top. It will definitely increase in the future. It's bad time is over and it is ready for a big bull run. So, it is will be good to hold then to book small profit.

What do you think?