$HIVE is just repeating previous trends, don't worry 😉.

Hello everyone...

The market has bled so much again to levels not seen in weeks, and after doing a little chart analysis I was able to come to the conclusion that maybe this we are seeing is a simple return to support price for a new uptrend.

Of course my analysis is not like @edicted's, but what I have learned so far has helped me to see clearly what direction the market will take and not to despair if everything falls.

For example, looking at the price of HIVE we see that what is happening is a trend that is repeating itself again. Where the support price is reached and then it goes back to the uptrend.

We see in the image that the support price for HIVE is in the $0.65 and $0.70 range, and that when it has touched this range in the past it has come back up again to $1.07.

And as one of the first things you learn when studying trading, is that the market repeats itself in similar cycles, in fact if we take a short look at the price of bitcoin in the e1 Day timeframe, we will see what happens something very similar.

For example, earlier this year, the price of HIVE went down to touch resistance, but a few days later it went up and broke above the $1.10 price point.

Then we see how the price went down from point B to point C again touching resistance. And then the price went up again repeating the previous trend from point A to B, but fell again to the price we see today.

And if this trend repeats again we will see the price touch the top again of $1 or more. Of course you will have to do your own research on this, but HIVE right now is in a wonderful buying opportunity.

Also if you take the opportunity to buy it and wrap it in pHIVE and keep it in the PolyCUB vault you can generate very good returns while you wait for the market to recover again.

Posted Using LeoFinance ^Beta