Hello, dear members of LeoFinance!
Today I want to share the price chart of HIVE.
In the 4-hour chart (4H), HIVE/USD has just rebounded from the lower line of the Descending Wedge:
As can be seen from the chart, the rebound started from the level of the previous key local low that formed before the solid price increase in March.
To some extent I expected this reboud as outlined in my previous HIVE/USD analysis.
Now, the questions is: 'where are we going from here?'
To be continued ...
As of the time of writing, one HVIE costs $0.2789 on the Binance crypto exchange, according to TradingView.
A few words about me:
Just to let you know: I've been working professionally as a currency analyst for the last almost 15 years, and as a cryptocurrency analyst for the last 4 years.
Important!
Keep in mind, that thoughts expressed here are my own, and they should not be regarded as recommendations for any cryptocurrency/commodity trades, investments and etc.
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