There was major uptrend line on Hive price chart coming from all time low level. Hive price was going up slowly by supporting by this uptrend line. Even it was going up slowly, there was great downtrend line on Hive price chart.
Here you can see daily chart of Bitcoin price. 200-day moving average was great resistance on Hive price chart. Hive price tried to break up this resistance for years. Finally It is broken up. Even it is broken down, there was great downtrend line on Hive price chart that resisted Hive price. After touching this great resistance, Hive price reversed down. There was mini uptrend lines on Hive price chart while Hive price going up. After reversing down, Hive price tried to be supported by these uptrend lines, but Hive price broke down these mini uptrend lines.
There was main uptrend line on Hive price chart. It is broken down. Hive price also broke down
200-day moving average.
Here you can see daily chart of Hive price. Fisher Indicator is close to the bottom and It is trying to reverse up. There was great uptrend line on MACD Indicator and It is broken down. There is mini downtrend line on RSI Indicator. We will follow this resistance to see breaking up. When it is broken up, Hive price will reverse up and continue to go up to break up great resistance on Hive price chart.
Hive price may touch 100-day moving average. After supported by these levels Hive price will reverse up and broke up the downtrend line on RSI Indicator.
We will see..
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