Here you have the HIVE chart in the 1 hour timeframe, the blue ovals have their vertical axis in what I have called the "Korean Witching Hour", which in my area is around 01:00 AM.
As you can see, since the last big Korean PUMP we have only received bearish movements, coinciding with the start of the "famous hour"... which seems to indicate according to the Wyckoff price action...
So, are we therefore entering a new accumulation phase or do we have to go down even further?
Have we reached the demand zone?
My bet at first sight and without much fuss is that we should make a bottom at 0.36$ for a traditional asset... however, does HIVE behave like this type of asset?
What do you think?
@toofasteddie