Hive Price is at End of Corner - It will Break Up or Down

Hive price is going up after the result of 2024 US Election. There is great uptrend line on Hive price chart. There is also mini downtrend line on Hive price chart. They will be crossed in a few days. We are at the end of corner. We will see what will happen at the end.

Here you can see 4-hour chart of Hive. This is shorterm analysis. Hive price was the star of the beginning of 2024-2025 season. It pumped more than 60% in a few hours. Even It went up, price correction is on Hive price chart.

We will see the desicion of Hive price chart in a few 4-hour candles. Will it break up or down?

Here you can see daily chart of Hive price and my pattern I shared it a few months ago! Hive price stucked into depression zone. It is still discounted. Because It is in depression zone!

It is hard to break up the top line of depression zone. This is why Hive price is spending time at 0,22-0,24 USD level. If it breaks up we will see huge moves on Hive price chart. But we should see daily close above the top line on depression zone.

Hive price is releated with Bitcoin price as all altcoins. I shared a post and said I was waiting for price correction on Bitcoin price chart in this week. Even I wait, Bitcoin broke up 92K again. I may be a bullish trap. I will focus about Bitcoin price chart.

Tomorrow is important day. We will see the desicion of market. The probability of my analysis coming true decreases with each passing day.

We will see..

Posted Using InLeo Alpha