Even Hive Price Broke up Great Resistance, It can not Go Up

There was great resistance on Hive price chart. The downtrend line is coming from 0,70 USD. It is tested many times to break up this downtrend line. Yesterday Hive price broke up this great resistance but we can not see price action on Hive price chart.

Here you can see daily chart of Hive price. Hive price is below the middle line of depression zone. It resisted by this great downtrend line for a month. Hive price broke up one of these great resistances. The middle line of depression zone is the next great resistance for Hive price chart. This is why Hive price can not go up.

Here you can see the indicators on daily Hive price chart. There is also downtrend line on RSI Indicator. MACD and Fisher Indicators are on the bottom and ready to reverse up. There is no negative appear on the indicators of Hive price chart. It may be possible to see reversin up on Hive price chart in a few days.

Hive price should break up the middle line of depression zone to breath. After breaking up this great resistance, the top level of depression zone will be the next price target for Hive price chart.

As I said It may be possible to see reversing up on Hive price chart. It may be great level and time to pick up discounted Hive.

We will see..