There was mini uptrend lines on Hive price chart. I shared a few analysis about these mini uptrend lines. After price correction on Bitcoin price chart, Hive price reversed down and touched 200-day moving average. This is great level on Hive price chart.
Here you can see daily chart of Hive price. 200-day moving average is so important level. Hive price tried lots of times to break up this great resistance. After breaking up this great resistance, Hive price went up while following mini uptrend line. Aftre breaking down this mini upntrend line, there is still mini uptrend line on Hive price chart. It may support Hive price. Hive price may enter price correction and touch another mini uptrend line.
Here you can see the indicators on daily chart of Hive price. There are mini uptrend lines on these major indicators. Fisher Indicator touched mini uptrend line. It may reverse up again. If not, we will see breaking down this uptrend line. MACD Indicator is close to the top, It may reverse down. There is mini uptrend line on RSI Indicator. It is broken down. We may see correction on RSI Indicator.
Even we may see price correction on Hive price, Hive price will still be bullish trend. There is uptrend line on Hive price chart, waiting to support Hive price.
We will see...