Hive Price May be Completed Restest of Downtrend

Hive Price may be completed restest of downtrend coming from March 2024. Hive tried lots of time to break up this downtrend line and It could not. It tested 5 times to break up. During these tests, Hive price went down to 0,155 USD where is great level to pick up discounted Hive..

Hive price was on the downtrend line a few days. Hive price left this trend line and It may be completed retest of downtrend line..

It may be the beginning of uptrend. Here you can see daily chart of Bitcoin price. I shared this draft a few months ago and I works as well.

When we look at the draft, Hive price may touch the middle line of depression zone. When we look at the indicators of daily Bitcoin price chart There was great possitive divergence on RSI Indicator. Hive price should go up after bullish technical analysis.

Fisher and MACD Indicators are also at good level to go up..

We may see at least the middle line of depression zone where is at 0,21x USD. Hive price should test there and we will follow if it breaks up this line or down.

We will see..

Posted Using InLeo Alpha