Hive Price Entered Deprression Zone Again
After price correction on crypto market, Hive price went down to depression zone again. Hive spend this year in this zone.
I shared lots of analysis and said you to be careful about price correction on crypto market. I was so possible to see these hard dump days. Hive price is down 50% from the top. I went down from 0,45 USD to 0,22 USD in a few days.
Even I was waiting for big price correction on crypto market, I did not think like that. It is very hard.
Here you can see daily chart of Hive. Hive price touched the middle line of depression zone. It may support Hive price..
Here you can see the indicators on Hive price chart. Fisher Indicator is on the bottom. It may reverse up in a few days. MACD Indicator entered correction and may complete this correction.
These are major reasons that I am waiting for price support by the middle line of depression zone. So, it may be great level to pick up discounted crypto.
Everybody on market is in fear. I tried to inform you about this possible price dump. It happened. I was sure that we would see these days...
I hope you read my posts and took an action about tihs price dump.
I hope we will see good days..
Posted Using InLeo Alpha
Imo we are just retesting after accumulation breakout, same price action as previous cycle :)
I thought, we expected a bigger crash to 60k level ? or that's it ?
It may be 85K. I will focus about price target..
So this would be the last buy opportunity I guess.
Sure. I am waiting new bullish wave on 2025. But It may not be fast. We should wait until Summer. I will share my analysis in next days. This thesis rate is increasing day by day..
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