Trying to break

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For the last few hours HIVE has been trying to break the resistance by 13 cents.

Will he be strong enough to do so? or do we fall back again as we have been doing the last few weeks?

The volume is increasing just a little bit and the RSI shows that the buyers have arrived, hopefully this time if we are lucky!

Let's see how we close on the daily chart and if we stay above 13 cents, this would be a great sign for the next step which would be the 0.167.

Otherwise we could try again to test the supports shown in the graph :(

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    Greetings Carlos.

    Excellent analysis, I agree with you that the buyers have arrived as reflected in the RSI, hopefully in the coming days we can finally see the HVIE around 0.16. Thank you for sharing your knowledge in technical analysis.

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    Thanks @lupafilotaxia you could see that the hive did not have the strength to break the resistance and unfortunately we have retroceded again :(, maybe in the next hours if we succeed, but we need more volume to do it

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