There are mini bullish trend lines on Hive price chart. After touching 0,03x USD level Hive price reversed up and entered bullish trend. I shared a few analysis about Hive price chart and said It was great level and time to pick up discounted Hive when Hive price was in 0,03 USD level.
Here you can see daily chart of Hive price. There was great descending channel on Hive price chart. I shared lots of analysis about this great descending channel and potined possible breaking up this channel. After breaking up the top line of this channel, Hive price resisted by 200-day moving average. 200-day moving average was great resistance on Hive price chart. It resisted Hive price for a few times. Finally we have see daily close above this great resistance.
Here you can see the indicators on daily chart of Hive price. There is mini uptrend line on RSI Indicator. We will see uptrend on Hive price chart until end of this uptrend line. Fisher Indicator is close to reverse down from the top. MACD Indicator is also close to reverse down from the top. We may see reverse down Hive price chart in short time. 200-day moving average may support Hive price chart If we see reversing down on Hive price chart.
It is good to see end of great bearish season on crypto market and Hive price. We entered bullish season on Hive price chart. It may be still good level and time to pick up 0,05x USD. We will see..
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