Hive Needs a Few Months to Enter Mega Bullish Trend

Hive is one of undervalued crypto during 2023-2024 altcoin season. It is still in consolidation zone. It is great time to pick up Hive before altcoin season. Even It is great level to buy Hive with your cash or USDT, It was not good time to pick up Hive with your Bitcoin.

Here you can see monthly chart of Hive/BTC pair. Even Hive broke up downtrend line in Hive/BTC pair chart, It may be not good time to pick up Hive with your Bitcoin. We may see double bottom in Hive/BTC pair chart.

MACD Indicator is also trying reverse but It is too slow to reverse. It may take a few months..

There is also RSI Indicator in this chart. It is under downtrend line. We should wait for breaking up this downtrend line.

I shared lots of analysis for Hive price chart and said Hive is one of the best crypto to analyze all crypto market. It shows very clear the market. It means mega bullish altcoin season will begin a few months later..

Here you can see montly Hive price chart. Even MACD Indicator was close to reverse from the bottom, It may be a fake move and It may take a few months to reverse..

RSI Indicator is also good level in monthly chart. It may be good level to pick up Hive. I shared lots of post and said It is great chance to pick up Hive below cents. We may not see lots of daily close below 30 cent in this year. Don't miss this chance...

I am picking up Hive from this level. My target is to reach 100K Hive Power before altcoin season. I hope I will reach my goal.

My buying level is at 0,26-0,32 USD.

We will see..

Posted Using InLeo Alpha