HIVE and the 1$ war zone

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The hive keeps trying to break the $1$ price area and stay above it but the resistance is so strong and the hive is finding it difficult to stay above the 1$ area...

I call the $1 price area a kind of war zone that the hive is trying to defeat , but the good news is that the defeat might happen very soon...

The moment the hive price is able to defeat that war zone then the $1 would be the new support of the hive price on the market and there will be continuation of the bullish trend on the market...

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The price action on the eight hours(8hrs) chart shows that a retracement is presently happening on the hive market and the market will stay bearish for some hours before it continues the bullish trend....

Before christmas we would experience a massive move on the market , it could be a massive bullish market or a massive bearish market..But there would be some massive movement soon...

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2 comments
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Just another pump by the Koreans. Other than a trade, nothing to really see.

Posted Using LeoFinance Beta

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Oh no wonder the price keeps dropping almost within few hours...

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