Hive Price Broke Up Depression Zone!

Today Hive is one of great performancer on crypto market. It went up with the beginning of the day. It is classical Hive price pump. Hive price touched the middle line of consolidation zone which I shared it a year ago. My draft works as well.

Here you can see daily chart of Hive price and my draft. Hive price was in depression zone after breaking down consolidation zone. Today Hive price broke up the top line of depression zone. It is great signal to enter bullish season.

Even Hive price broke up the top line of depression zone, it is still discounted. It is still lower than the bottom line of consolidation zone.

Even Hive price broke up the top line of depression zone, Hive should see daily close above the top line of depression zone. Daily close is important for Hive. It is also the last day of the week. We should see weekly close on Hive price chart.

When we look at the indicators on daily chart of Hive price, price pump may follow these days. It may continue at next week. MACD and Fisher Indicators are at good level for bullish. RSI Indicator completed correction. It may go up again.

Cash flow to altcoins started. Hive will take this cash flow into. Hive will be star of the middle of altcoin season. Even lots of altcoins are up more than 3x, Hive will start this move. It is great chance..

We will see..

Posted Using InLeo Alpha