Monthly Hive Price Chart Appered As Reversing Up

Hive price got two successive monthly green candles after great red candles series. Hive price had the longest red candles series in this year. We have seen 8 successive monhtly red candles this year. Hive price closed this red candles series with two green candles.

Here you can see monhtly chart of Hive price. After two successive green candles, Hive price got huge monhtly red candle. It went down 30% with this candle. Hive price is in weak monhtly green candle in this month. Even it is a weak green candle, it is great signal to reverse up. Hive price stopped red candles series. It had green candle serie.

Here you can see the indicators on monhtly chart of Hive price. Fisher Indicator was on the bottom and It should reverse up. This is why we have seen two successive monthly green candles on Hive price chart. We may see more monhtly green candles.
MACD Indicator is on the bottom and It may reverse up in a few months. If we see monhtly green candle on Hive price chart in next months, these major indicators will reverse up.

So, we may be close to the bottom. It is more possible to see monhtly green candle in next months. If we see monthly green candle, It will be more possible to see monhtly green candles in next months.

We will see..

Posted Using INLEO