Hive Price Completed McDonald's Pattern - What is the Next?

chorock in #hive-167922 • last year

I shared lots of analysis and said Hive was trying to complete McDonald's Logo pattern drawing as Big M.

There are 2 McDonald's logo pattern on Hive price chart and they are getting smaller..

It is one of great signal for Hive price is getting closer the end of bullish trend. That means selling pressure is decreasing and none wants to sell Hive at 0.27 USD...

Ekran Resmi 2023-09-07 19.22.25.png

After completing McDonald's Logos pattern on Hive price chart, Hive is trying to get ready for pump!

Here you can see daily chart of Hive and there is downtrend line will be broken up in a few days!

Ekran Resmi 2023-09-07 19.29.19.png

There is also positive divergence on RSI Indicator, will work in a few days to break up downtrend line!

Fisher Indicator is also trying to reverse in daily chart!

These are 3 factors support my thesis.

Downtrend is ended by completing McDonald's pattern. Bullish trend may begin after breaking up this downtrend line!

We will see..

Posted Using LeoFinance Alpha

#proofofbrain #neoxia #palnet #cent #ctp #vyb #hive #analysis #leofinance

last year in #hive-167922 by chorock

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acesontop last year

Man I hope you are right on this one.

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dhedge last year

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poshthreads last year

https://leofinance.io/threads/chorock/re-chorock-h2pfnbfg
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pixresteemer last year

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luvshares last year

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pixresteemer last year

Bang, I did it again... I just rehived your post!Week 172 of my contest just started...you can now check the winners of the previous week!!BEER₁

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libertycrypto27 last year

Downtrend is ended by completing McDonald's pattern. Bullish trend may begin after breaking up this downtrend line!

Interesting analysis
In this time I continue to convert HBD to HIVE to increase my Hive power
Thanks
!CTP
!DHEDGE

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india-leo last year

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