This week is 6th week that Hive price has red weekly candles. We have seen 7 red weekly candles on Hive price chart a year ago and It was a record. Hive has close to record. It is great signal of reversing.
Lots of investors are in fear during Hive price going down, I am very happy to see Hive price at 0,20 USD. Because It is great chance to pick up more Hive in discounted price. Mega altcoin season is coming soon and Hive has huge potential in this season. I shared lots of analysis in a few days, I explained why I am bullish for Hive price.
Here you can see weekly chart of Hive price chart. Even Hive broke down consolidation zone, it doesn't matter. Hive broke up this consolidation zone but It went down into this zone. Hive may enter again this consolidation zone. Picking up Hive blow this zone is discounted.
I shared a few analysis for my draft on Hive price chart. Hive price is moving as past.
Here you can see the indicators on weekly Hive price chart. Fisher Indicator is on the bottom and ready to reverse. You can see what happaned after reversing from the bottom. RSI Indicator is at lowest level since 2021. So, It is great time to pick up Hive.
I shared lots of analysis for Hive price chart and I did not expect to see Hive price below 0,25 USD. This is surprise for me to see Hive price at 0,20 USD. I can buy more Hive at 0,20 USD before altcoin season.
Weekly chart is ready to reverse. We will see in a few weeks.
Posted Using InLeo Alpha
