Hive Price May be Completed DownTrend - Ready for BullRun!
Hive price may be completed downtrend. It may be ready for bullrun. Due to FTX FUD and other market issues, Hive price went down from 0.45 USD to 0.32 USD.
O.45 USD is great level for Hive where is the bottom gf bowl pattern but FTX destroyed all technical analysis.
Now, I found new pattern on Hive price charts that show us downtrend pattern may be completed...
Here you can see HIVEBTC pair chart. There is circle pattern on RSI Indicator seems on redline that has been completed. So, Hive may try to begin new pattern...
There is also downtrend line on RSI Indicator that has been broken up. So, Hive price may increase against the BTC price. We may see huge moves on Hive price...
Here you can see HIVEUSDT chart and there is downtrend line. If Hive price goes up, 0.50 USD may be great resistance for Hive. So, Hive price may go up 55%!
HiveBTC pair seems very bullish for me. We will see how Hive will give reaction..
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I wish I would have converted all my Hive to HBD when Hive was at $3 …. Oh well … traded a little.
It's easy when you look back...
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That’s true.
Many are expecting Bitcoin in the $10k region so I the jury is out whether your thinking is right or wrong. I do think the bottom is not in and we have plenty of down turn still until Easter at least.
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