Hive Price is Going to Touch the Top Level of Descending Channel

in Account Booster 👍2 days ago

Hive pric eis in descending channel since 10th October market crash. Lots of altcoins touched their all time low level. Hive price is still above all time low level. It is trying to reverse up for a month.

Here you can see daily chart of Hive price. Hive price broke up the middle line of descendinh channel. The first major resistance is broken up. Hive price will touch the top level of this descending channel. It is another great resistance for Hive price.

e1.PNG

Here you can see the indicators on daily chart of Hive price. There is uptrend line on MACD Indicator. We may see breaking down this uptrend line. You can see what happened after breaking down this uptrend line.

Fisher Indicator is on the top and It will reverse down. There is great resistance on RSI Indicator. RSI Indicator is under resistance by this downtrend line.

It is hard to see breaking up this great downtrend line on RSI Indicator while we are in WW3.

e2.PNG

I am waiting for another price dump on Bitcoin price chart. Hive price may follow Bitcoin price and we may see another market crash on crypto market. It may be the move to touch the bottom.

We will see..

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