Hi HIVIANS,
in my last TA about HIVE/USDT I said that we need a clearly close above the weekly order block - preferrably with a weekly candle.
This has happened, but the BTC selloff prevented the HIVE-bulls to hold the line: The price dumped below the weekly order block and is now retesting it.
Again, we need to close above this order block with a weekly candle - otherwise, the price may remain in a bearish momentum.
I drawed (my personal) two scenarios on the chart: A bullish one and a bearish one!