Despite the fact we experienced a 40% correction, forming a decent support around $2USD is a major milestone. First time we didn't simply retracted all the way back from where we started . Not exactly how I expected it to be, but close enough.

The market in general is totally unpredictable, moving 10% sideways in a day without any visible or notable patterns makes me feel anxious. I'd stay away from it, especially from the futures market.

If we manage to confirm the price continuation I'd bet we'll see Hive at $10 in a matter of no time.

What I'm afraid of though, is if we dip further. If so, the picture won't be as nearly as beautiful as it is now.

Something to consider.

Another significant legup would confirm the continuations.

Otherwise, we could experience another violent correction all the way down to $1.4.

Will be looking at it closely.

Volume

Volume continues to be strong, and more importantly consistent.

$140Mill daily volume on Sunday is big. I guess the real volatility is waiting to kick in very soon.

As I said in earlier posts, Hive will be traded at $5 BYO.

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