Hive Price Broke Up Great Downtrend Line Today

in Project HOPE7 hours ago

There was great downtrend line on Hive price chart and I shared a few analysis about this chart. There is great bowl pattern on this chart. I drew support and resistance lines on Hive price chart.

Today was amazing day for Hive price. Hive price went up 25% today. We have not seen pump signal on Hive price chart for a few months. It is good to see price action on Hive price chart. It is proof of being alive.

Here you can see daily chart of Hive price. I drew downtrend line on this chart. There is great bowl pattern. I pointed possible breaking up. Today wass the last day of crossing downtrend and the bottom of bowl pattern and It is happened. Hive price went up more than 25% today.

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Here you can see weekly chart of Hive price. This is why we have seen small pump on Hive price chart. Fisher and MACD Indicators are on the bottom. Fisher Indicator reversed up after todays price pump. MACD Indicator will reverse up in a few weeks. There was great downtrend line on RSI Indicator and It is broken up.

I shared these indicators a few days ago. I pointed that something was coming soon and It came.

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It is good to see bowl pattern is great support for Hive price chart. We may follow this bowl pattern.
I believe that Hive price will reach its real value when market reverses up.

We will see..