Hive Price Completed McDonald's Pattern - What is the Next?

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(Edited)

I shared lots of analysis and said Hive was trying to complete McDonald's Logo pattern drawing as Big M.

There are 2 McDonald's logo pattern on Hive price chart and they are getting smaller..

It is one of great signal for Hive price is getting closer the end of bullish trend. That means selling pressure is decreasing and none wants to sell Hive at 0.27 USD...

Ekran Resmi 2023-09-07 19.22.25.png

After completing McDonald's Logos pattern on Hive price chart, Hive is trying to get ready for pump!

Here you can see daily chart of Hive and there is downtrend line will be broken up in a few days!

Ekran Resmi 2023-09-07 19.29.19.png

There is also positive divergence on RSI Indicator, will work in a few days to break up downtrend line!

Fisher Indicator is also trying to reverse in daily chart!

These are 3 factors support my thesis.

Downtrend is ended by completing McDonald's pattern. Bullish trend may begin after breaking up this downtrend line!

We will see..

Posted Using LeoFinance Alpha

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Downtrend is ended by completing McDonald's pattern. Bullish trend may begin after breaking up this downtrend line!

Interesting analysis
In this time I continue to convert HBD to HIVE to increase my Hive power
Thanks
!CTP
!DHEDGE

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