Hive Price Touched Support Line the Top of Consolidation Zone

Hive price has broke up consolidation zone a few days ago. After breaking the top level oof this zone Hive price reached 0.50 USD. It was very important level to break up this zone. Even Hive price escaped this zone, Bitcoin price resisted in 74K USD level. So, hive price went down to 0.40 USD which is the top line of this consolidation zone. It will work as a support line..

Here you can see daily chart of Hive. Hive price supported by the middle line of consolidation zone. After this support, Hive price tried to break up 0.50 USD again. but It could not..

We may see Hive price above this support line in a few days..

After seeing Hive price above this level, Hive price will make a decision to go up or down.
When we look at the indicators of Hive price chart we may predict the next move of Hive price.

Here you can see Hive price chart and daily Indicators. I showed the breaking down of RSI Indicator and said price correction was coming soon. I happened. After that, we may see price drop or price correction again. Because MACD Indicator is still under correction.

Fisher Indicator also reversed from the top and we may see downtrend a few days. In these days, Hive price should be supported by the top line of consolidation zone..

I was waiting for price correction on market. Top line and middle line of consolidation zone are great support lines of Hive price chart. I am waiting with cash to buy Hive againg in 0,33 USD level.

We will see..

Posted Using InLeo Alpha