There are downtrend lines on Hive price chart. Hive price is getting ready to break up these resistances. I shared lots of analysis about Hive price chart. I shared this draft a few years ago. I was waiting to see triple bottom pattern on Hive price chart but market crash happened.
Here you can see daily chart of Hive price and the indicators. There are downtrend lines major indicators. MACD Indicator is below 0 level. There are downtrend lines on Fisher and RSI Indicators. When they break up these resistances, Hive price will go up. It may be great level to pick up. There is depression on crypto market. Depression period is great level and time.
As we saw, daily chart of Hive price looks good.
Here you can see the indicators on weekly chart of Hive price. There is great support line on RSI Indicator. If we see a few weekly red candle, It will touch this support line and It will be supported.
Fisher Indicator is on the bottom and ready to reverse up. MACD Indicator is also good level to reverse up.
RSI Indicator will break up this downtrend line until the beginning of the new year. We will enter new pattern. So, I am following this downtrend line. I will flow my cash into Hive after seeing breaking up this downtrend line.
As we look at daily and weekly charts of Hive price, we can say that we are close to the bottom.
It may be great level and time to pick up. You can see what happaned old altcoins on crypto market.
We will see...
Posted Using INLEO
Hive will be the star of alt season