Hive Price is at 6th Green Candle on Weekly Price Chart

10 months ago

This week is 6th green week on Hive Price chart. Hive price has only one time 7 green candles before. We saw 5 green candles at the beginning of 2023 and these are the longest series on Hive price chart.

Here you can see weekly chart of Hive. I circled the green series on Hive price chart. Hive price has only 5 and 7 green candle series on weekly chart. We are in 6th. So, price correction is coming soon.

You can see what happened after this weekly green series. Hive price may enter price correction for a few weeks!

I shared an analysis for Hive price chart about price correction coming soon. Here you can see daily chart of Hive that supports my analysis. There is support line on RSI Indicator on daily chart of Hive and It will be broken down in a few days!

If it breaks down, this will be trigger for price correction. So, this week we may see red candle on Hive Price chart..

Market is so hungry for bullish season. When Bitcoin price moves to down, It repair its loss. Lots of people ware waiting for price correction.

But we may see price dump even lots of people are waiting on buy button.

We will see..

Posted Using InLeo Alpha

hive-167922 inleo proofofbrain neoxian palnet cent ctp vyb hive posh

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6 comments

@hivebuzz 74

10 months ago

Congratulations @chorock! You have completed the following achievement on the Hive blockchain And have been rewarded with New badge(s)

	You have been a buzzy bee and published a post every day of the week.

_{You can view your badges on your board and compare yourself to others in the Ranking}
_{If you no longer want to receive notifications, reply to this comment with the word STOP}

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@skiptvads 69

10 months ago

My average entry is at $0.31 but Im willing to buy more at $0.35 if the market decides to correct, I see $0.35 possible and I hope it happens now that Im starting to put aside funds again to buy Hive, want to buy another 5 to 6k more HP for this year

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@chorock 77

10 months ago

I am waiting as same as you. I have cash and waiting to buy Hive at 0.35

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@libertycrypto27 80

10 months ago

Interesting analysis as always
!DHEDGE
!PIMP

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@thepimpdistrict 61

10 months ago

^{You must be killin' it out here!}
^{@libertycrypto27 just slapped you with 1.000 PIMP, @chorock.}
^{You earned 1.000 PIMP for the strong hand.}
^{They're getting a workout and slapped 1/2 possible people today.}

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^{Read about some PIMP Shit or Look for the PIMP District}

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@josediccus 82

10 months ago

That's the problem. BTC goes up, the alts stalls, BTC goes down and the alts faces even bigger corrections

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