Hive Price Retested Downtrend Line - It May be Time to Go Up!
After breaking up down trendline coming from 0.39 USD, Hive price restested it and supported by this downtrend line. It is one of great signal of reversing.
I shared lots of analysis and said Hive price might be on the bottom during 0.26 USD level. Hive price went up after Bitcoin price small pump. Hive price draw good reversing chart.
Here you can see daily chart of Hive and Hive price restested downtrend line coming from 0.39 USD. Hive price was under selling pressure since the beginning of August..
Good day will come for crypto and Hive until end of this year..
Here you can see the Indicators on daily Hive price chart. MACD is trying to reverse below 0 level and Fisher Indicator broke up downtrend line..
Selling pressure is getting over...
After September or October, Hive price may complete the bottom and we may not see Hive price discounted...
Posted Using LeoFinance Alpha