Hive price can not go down during market drops. Today, all of market went down. Hive is one of the green crypto on market. This is a bottom signal. I shared lots of analysis and said It is great chance to pick up Hive below 20 cent.
Here you can see daily chart of Hive. Hive price entered depression level after breaking down 0,26 USD. It is close to the bottom of depression zone as drawn yellow.
There was a downtrend line on Hive price chart and It is broken up a few days ago. Hive price went down to retest this downtrend line to make a support line..
Here you can see Hive/Bitcoin pair chart. This is another reason that Hive price can not go down. Hive/Bitcoin pair chart is at the bottom. It can not go down for a few weeks. There is huge double bottom pattern. It is very hard to see new all time low at this chart. Hive is trying to keep its level not to go down to all time low.
Even market goes down, Hive price keeps its level.
These are a few great signal for proof of being on the bottom. I think Hive will not go down more.
We will see...
Posted Using InLeo Alpha
