Lowest Daily Close on Hive Price Chart

It was the last day of the week. Hive price closed the week with the lowest daily close of all time. There was great dwontrend channel on Hive Price chart and Hive price is going to touch the bottom level of this channel.

Here you can see daily chart of Hive price. You can see 10th October candle. Lots of altcoins touched the bottom level. Hive price is still above 100% from the bottom of 10th October candle. We may see Hive price touching these bottom, If we dont see bullish trend on crypto market.

After breaking down mini uptrend line, Hive price could not break up the middle line of descending channel.

Here you can see the indicators on daily chart of Hive price. There was downtrend line on RSI Indicator. Even It is broken up, It reversed down again. It may be retest on this RSI Indicator. MACD Indicator is still below 0 level.

If Hive price reversed up from this level, We will see positive divergence on RSI Indicator. The bottom of RSI Indicator will increase but The bottom of Hive price will decrease. It will be good signal for reversing up.

We may see mini uptrend on crypto market in next weeks. It is important for Hive price. It should break up descending channel.

We will see..