TA: HIVE/USDT just broke out of its 10 month downtrend!

in #trading3 years ago

Hi Hivians,

I just want to share my opinion about the HIVE/USDT price!

HIVE/USDT recently just broke out of its 10 month downtrend at around 0.1438$ and is now facing a weekly order block from 0.2418 - 0.2820$ !

We need a clearly close above this mentioned order block - preferably with a weekly candle.

I want to show you my chart:

grafik.png

You can check the chart in High Quality over here!

Maybe this can help you finding a good price to (re-)buy HIVE

Hope it helps!

Have a nice day

Peace

XCHNG

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UPDATE:

The price got rejected 3-4 times from now on by the order block (D1-chart) - an order block is a hard resistance level, since big investors place their orders in this range:

grafik.png

HQ Version here

 3 years ago  Reveal Comment