HIVE has been consolidating a bit around the $.75 level with some pretty big downward moves in the momentum.
That said, the Money Flow Indicator is still way in the green zone which means we are still in bullish territory. The RSI was extremely overheated and is starting to cool down. Not quite in the neutral zone yet and still bullish, but has a downward trend that is happening.
That downward trend is playing off the bearish divergence that started to show in the RSI as the trend on momentum started to fall and the price action was still rising.
Basically, HIVE pumped hard and now wer are cooling out jets a bit before the next leg of alt season!
That’s my dudely @coinlogic.online TA for the day!
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