6 days ago, Hive set a new ATH at $1.2 and the current price is $0.75 so what is going on now is a pullback and retest of support. We do have somewhat of a cup and handle formation on the daily chart, see below:
As soon as we will go for the next leg up, where could we be headed then? If we focus on the fibonacci extentions we should be able to reach at least $1.5
Happy trading!
