HIVE - Testing the next support at 0.35$

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Hello all,

Here is the chart of today :

HIVEUSD.jpg

Here is the chart of my last analysis :

HIVEUSD.jpg

As expected, after the break of the support line yesterday at 0.40$, we went directly to the 0.35$ support line that we are currently testing. If this support doesn't stop the correction, the next support level is around 0.16$ which is quiet far. Let's really hope that 0.35$ support will stay alive and that a bounce will take soon place.

I wish you massive profits,
Cryptopassion.io

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2 comments
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If BTC can't get through the resistance at $9000, it could test the long-term support line again. It could go to $5k after the halving forces less profitable miners to sell. I'm not expecting a breakout and the next parabolic run until in 2021.

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Hive went down to $0.334.
Looks like we are bearish right now.

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