Hive Price is Breaking Down Mini Uptrend Lines During Being in Descending Channel

There is great descending channel on Hive price chart. While being in this descending channel Hive price is trying to break up the top lne of this channel. So, Hive price is trying to start mini uptrends. Even it tries to break up the top line of this channel, it can not. It breaks down mini uptrend lines. You can see what heppened after breaking down this mini uptrend lines.

Here you can see daily chart of Hive price. Crypto market is going down to rabbit hole after 10th October market crash. It was only a test for market dump. Crypto market is falling down since this black day. It is hard to see reversing up after this crash. Lots of altcoins are at all time low level. Lots of altcoins are trying to touch the bottom level of 10th October daily candle.

Here you can see weekly chart of Hive price and the indicators. Hive price got weekly green candle after 4 weekly red candles. It broke down mini uptrend line a few days ago while it was trying to break up the middle line of decending channel.

There is downtrend line on RSI Indicator. When it breaks up this downtrend line, we may see mini uptrend on Hive price. Fisher Indicator is going down.

We need a few weeks to see reverse up.

Crypto market is in danger. This is why Hive price is going down. We need to see a few weekly green candles on Hive price chart.

I hope we will see..