HIVE - We are stabilizing around 0.43$-0.44$

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(Edited)

Hello all,

Here is the chart of today :

HIVEUSD.jpg

Here is the chart of my last analysis :

HIVEUSD.jpg
(Please notice that BITTREX dit a reset of its chart due to the adding of pairs for HIVE so we lost all history on the chart... I will continue now with binance whihc is the biggest exchange)

After the big correction of the 2 last days, the HIVE is now stabilizing around 0.43-0.44$.
We have lot of difficulty to make a bounce even with the nice UP on the BTC. I think it is quiet normal after the enormous UP we did in the past days. What is important now is to stay upper than the support line at 0.35$ and waut that the buyers come back.

I wish you massive profits,
Cryptopassion.io

Legal Disclaimer : Never invest more than what you can afford to lose. I am not a financial advisor and the content in this article is not a financial advice. This post is for informational purposes only and provides only my personal opinion. It is important that you do your own research before making any investment decisions. If you make any trades after reading this post, it is completely in your responsibility. I am not responsible for any of your losses. By reading this post you acknowledge and accept that.

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4 comments
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It is normal behavior. Hard for any asset to keep going up without any pause.

The run up was massive and the token needs to go through some price discovery. A few weeks of consolidation would be a good thing although I dont see it. Instead, we will likely see another big move in the next week or two...the only question is which direction.

And that is where the money is made.

Posted Using LeoFinance

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