So, Hive is actually looking good. As you may have noticed I've been writing for about 3 weeks that the price of Hive would turn around and there's been some bullish turn arounds happened. Another happened today. You'll notice that the light blue line is above the yellow line. That means the short term moving average has now cross the midterm (purple) and the long term (yellow) moving average. This is a good thing.
In order for Hive to be in a fully bullish position there's two more things that would have to happen. Purple would have to angle up and cross over yellow. You'll notice purple is now angled up, but it's going to take a bit to get above yellow at the current rate of price change.
The second thing that has to happen to get to the full on bull market according to Consensio is that the yellow line would have to turn up.
So, if you only want to place money on an asset that's in a fully bullish position then we're not quite there yet. If you're happy with some extra risk of this thing turning bullish but not quite fully bullish according to this one system then now's a pretty good entry point for the turn around seeing as literally just today we cross the long term moving average for the first time in a good direction in the history of that chart.
Anyway, as always this is about my journey. I'm not a professional. I'm just noting things after being in the space for a while. I dont' know you or your finances. I'm not at the dinner table fighting about sex and money with you making it really awkward for both your parents and your kids. So, do your own research and talk to professionals before risking money.