There are lots of great resistances on Hive price chart. Due to these great resistance, Hive price can not go up. Hive is one of the worst crypto during Bitcoin price pump. Lots of altcoin pumped more than 50% while Bitcoin price went up fast from 60K to 80K.
Here you can see daily chart of Hive price. Hive price can not touch 100-day moving average during this small bullish trend. 100-day and 200-day moving averages are great resistances on Hive price chart. They resisted Hive price lots of times.
There was mini support line on Hive price chart. You can see what happened after breaking down this mini support line. We should see the new pattern.
Here you can see the indicators on daily chart of Hive price. There was great downtrend line on RSI Indicator. Hive price was under resistance by this great resistance. Finally it is broken up. You can see what happened after breaking up this resistance. There is no resistance on RSI Indicator. Hive price may go up.
Fisher Indicator is on the top and It may reverse down if we see daily red candle. There were mini uptrend lines on MACD Indicator. There are broken down. We should see the new pattern on MACD Indicator.
When we look at Bitcoin price chart, it can be said that we are end of bearish season. It may be great time to pick up. Hive price is still under valued. It may be great time and level to pick up.
We will see..
Posted Using INLEO
