Hello, dear members of LeoFinance!
It's been quite some time since my last analysis of HIVE.
So, in my previous analysis of HIVE/USD I outlined a potential Moving Average Crossover. Finally, it has happened!
As can be seen from the chart the 30-day Moving Average (MA 30) crossed the 90-day Moving Average (MA 90). I view this as an initial trend reversal signal.
To be continued ...
As of the time of writing, according to TradingView, one HIVE costs $0,1394 on the Binance crypto exchange but soon it will cost much more!
A few words about me:
Just to let you know: I've been working professionally as a currency analyst for the last 14,5 years, and as a cryptocurrency analyst for the last 3,5 years.
Important!
Keep in mind, that thoughts expressed here are my own, and they should not be regarded as recommendations for any cryptocurrency/commodity trades, investments and etc.
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