HIVE.V HVBTF HIVE Blockchain Technologies CHART ANALYSIS --- Closing in on to the end of the correction

HIVE.V (HVBTF) Chart - Closing in to the end of the correction

May 17, 2018

Here above is my chart for HIVE.V -- its following expectations and in the box from where an uptrend should most likely start. Given the depth of correction, I am willing to accept a pullback to the 88.7% but any lower than that and the uptrend is in serious jeopardy. Fingers crossed!

and the chart for HVBTF is here:

Here is my previous blog on this topic from May 11, 2018

https://steemit.com/cryptocurrency/@phisight/hive-blockchain-technologies-stock-chart-analysis-with-elliot-waves

The decline seems to be progressing as expected, and is likely reaching its final stages as indicated by the positive divergences in RSI and MACD. Seems a turn up is close at hand. Fingers crossed!

Hope this analysis was/is/will be helpful!

Note: you can right-click and open charts in new tab to see them at full size -- they are quite large and clearer.