HIVE (HIVE / USD) PUMP urgent hive exceeds $ 0.40 or recovers previous values?
Today the hive price reaches $ 0.40 cents, and exceeds it, is it the product of a pump?. Will the price continue to rise?
Let's see
Analyzing the graph, we see that from the beginning the hive price has corrected from $ 0.34 to $ 0.18 and then a price DUMP has occurred to $ 0.09 exceeding any forecast of correction.
Then in the last few weeks the Hive price has formed a side channel.
In the last hours the price has broken this side channel, and has risen to $ 0.40
Hive's price has gone up, for a PUMP?
Analyzing Elliot's wave graph again, we can define a 5-wave cycle, where we can identify the 5 waves of the bullish cycle.
We can project a wave 5 to $ 34 cents that is already complete
The abrupt rise in the price of the last hours ends up forming the 5th wave, what worries is the speed of the movement that could be taken as a Pump if it falls strongly in the next few hours.
The price has touched the resistance of $ 0.40 which is the previous max swing
The faster the price rises, the analysis becomes weaker, which could mean that the price could return to previous values
Hive's price should go back and form a side channel that validates a new support price.
Good price supports are $ 0.20 and $ 0.15
How much do you think the price of Hive will come?
What do you think?
Leave your comment or your vote. Your opinion and participation is important
Protect your assets use Stop loss
The alcoins market is very dependent on the price of Bitcoin, when Bitcoins goes up the alcoins go up more, but also in the other sense, so I suggest that you periodically review a Bitcoin and use stop loss and move it when they are already in profit. Do not let a profit become a loss.
Remember to give your post a vote, Thanks
I await your graphics or your comments.
We will continue monitoring
To be attentive
Protect your Investments
If the analysis helped you, give your vote with some steem, thanks !!
Lately I have noticed that there is no good analysis on steem, everything takes time, I ask that as you read them leave your vote, it is a way to encourage you to continue making more reports, thanks.
Feel free to use and share my post or graphics, but please mention, 
READ DISCLAIMER: this publication / analysis is only for general information purposes. I am not a professional trader and I will never be a financial advisor. The material in this publication does not constitute any trading advice of any kind. This is the way I see the paintings and what my ideas are.
Perform your own analysis before making an investment decision. Use money that you are willing to lose if you make an investment.
If you make exchanges or investments after reading this publication, it is entirely at your own risk. I am not responsible for any of your gains or losses. By reading this publication, you acknowledge and agree that you will never hold me liable for any of your profits or losses.
Buy me a beer ! Donaciones Ligthing Network