After 10th October crypto market crash, lots of altcoins touched 0 level. Hive price touched 0,05 USD level. After this crash I was waiting for Hive price to test again this level. Crypto market is in bad days. Lots of altcoins are delisting and going down. Hive price is trying to find the bottom to reverse up.
Here you can see daily chart of Hive price. There was great triple bottom pattern on Hive price chart. But crypto market crash broke this pattern down. After breaking down this pattern, you can see what happened Hive price.
It is also good to see Hive price at this level. We can buy more Hive from market to build our accounts.
Here you can see weekly chart of Hive price and the indicators. Hive prive is close to the bottom. Even Fisher Indicator reversed up from the bottom, we have not seen any bullish attack. MACD Indicator is close to begin to reverse up.
There was great support line on RSI Indicator, it is broken down. Hive price should go up until end of this week to close RSI Indicator above this support line.
So, we may see bullish move on Hive price at the end of this week. If it happens, RSI Indicator will be supported by great support line. It will be good to see for future. Hive price is still in bullish pattern.
If not, It will be great chance to pick up discounted Hive. It is so difficult to see Hive price below 10 cent.
We will see..
Posted Using INLEO
I lost 90% of my equity doing margin … I hope hive does 100% for me to recover everything xD shit
Hive will be the star of alt season.
I bought hive at 10 cents long back to build my account and seeing it going below that is no less than a heart attack.