Hive price broke down 0,21 USD where is one of the great support line. After TRUMP and China trade war, all of stock market went down. Hive pric ewas staying above 0,21 USD where is one of the great support level. It broke down this great support line. Even it broke down great support line, Hive price went up again and stay safe zone.
Here you can see daily chart of Hive price cand my draft I shared it a few years ago. It worked as well. As support and resistance lines, It might me bearish trap after breakin down 0,21 USD the great support line.
Here you can see weekly chart of Hive and the indicators. Most of major Indicators are at the bottom and ready to reverse up in weekly chart. This is why I say that It may be a bearish trap on Hive price chart. Fisher indicator is on the bottom and ready to reverse up in a few weeks. You can see what happened after reversin up.
MACD Indicator is trying to complete the correction.
So, it is more possible to bullish weeks in next weeks.
Hive price is trying to be solid when most of altcoins are at all time low level. Hive price is still in bullish trend. It is up %50 from November 2024. When market turns positive, Hive will be the star of altcoins.
We will see...