We're not going through a fall, we're just going down one step

in Proof of Brain29 days ago

We were expecting a small fall or even a lateralization at the end of September. We started the month at around $50,000 and we expected to close close to that, but we're down nearly 20% so far.

However I prefer to see it in another way, looking with a macro view and not just this month.

In May we had a drop of more than 40%, reaching the bottom of just under $30,000. And we stayed for approximately until July 20th in this parameter, being able to accumulate this promotional value that 2021 offered us.

Since then the price has risen more than 40%, reaching over $50,000 again early September (same price from early May and late April, reaching tops close to $60,000).

A fall of less than 20% close to a rise of more than 40% cannot be considered a fall. A retraction, yes, a correction too, but a fall and a reversal I find difficult, possibly even impossible.

Short-term supports have been broken, but we have not yet reached early August values ​​like $38,000, even though the $40,000 value has been tested hours ago.

I interpret all this move more as that step backwards you take to give a boost rather than missing as a forfeit and then walk long backwards seeking a new strategy for your moving forward.

The path is already defined, we want to seek until January minimum levels of $100,000 and close to $250,000, in a very conservative view of mine, with optimists seeking a support of $350,000.

I don't judge them, I also have positive thoughts, but for HIVE, in a perfect setting I can easily see us hitting $5 with Leo and Pob hitting $2 easily.

This end of September I believe to be a month of calm and analysis, no hasty decisions, and thus enjoy what the beginning of October will bring us.

Fasten your seat belts.


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Wow, Enormous amount of statistics you put down here.

It must be a lot of work and fun for you following up with this.

Kudos, Man.👊🏻


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If there's no fall, there won't be any rise either. The charts are there to go up and down and then up again. Three years from now, you will still see the same chart but with a different starting point.


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Menh!!. The statistically drawing make it as reality and it tells about the rate at which pob is at it peak,
We're not going through a fall, we're just going down one step
vempromundo in Proof of Brain • 19 hours ago
We were expecting a small fall or even a lateralization at the end of September. We started the month at around $50,000 and we expected to close close to that, but we're down nearly 20% so far.

However I prefer to see it in another way, looking with a macro view and not just this month.

In May we had a drop of more than 40%, reaching the bottom of just under $30,000. And we stayed for approximately until July 20th in this parameter, being able to accumulate this promotional value that 2021 offered us.

Since then the price has risen more than 40%, reaching over $50,000 again early September (same price from early May and late April, reaching tops close to $60,000).

A fall of less than 20% close to a rise of more than 40% cannot be considered a fall. A retraction, yes, a correction too, but a fall and a reversal I find difficult, possibly even impossible.

Short-term supports have been broken, but we have not yet reached early August values ​​like $38,000, even though the $40,000 value has been tested hours ago.and the rate at which the value is depreciation is alarming , although thanks for hits and great works done..


Posted via proofofbrain.io