Hive Price Broke Down Mini Uptrend Line Coming From Bottom
Hive price broke down mini uptrend line a few ago. There was mini uptrend line on Hive price chart coming from the bottom, it is broken down. We have seen same mini uptrend lines on Hive price chart. You can see what happened after breaking down on Hive price chart.
Here you can see 4-hour chart of Hive price and my draft. I shared this draft a fes years ago and It worked as well. After breaking down mini uptrend line, the middle level of depression zone may support Hive price chart. Hive price may touch 0,21 USD and It may be supported from this level.
Here you can see the indicators on daily chart of Hive price. Fisher Indicator is going down. MACD Indicator reversed dow a few days ago. It may take midterm to complete correction on MACD Indicator. There was also uptrend on RSI Indicator and It is broken down. We should see the new pattern on RSI Indicator and Hive price chart.
I shared a few analysis about Hive price chart and said I was waiting price dump on crypto market at the end of July. You can see what happened at the end of this month.
I may be good time to pick up discounted crypto at August.
We will see..
If the price falls, it would be a great opportunity to buy, thanks for your analysis.