Thanks to going down of Bitcoin price, lots of altcoins are going down and trying to test the bottom. Hive price is also at discount zone after consolidation zone. I shared and analysis and said Hive Price is at Depression Zone. Today Hive price is trying to test the bottom of this zone. It may be great level to pick up Hive. If you see Hive price below 20 cents, you should not miss this chance..
It may be great level to pick up Hive below 20 cents before altcoin season. Here you can see the draft of Hive price chart. I shared it a few months ago and Hive price moved as I draw.
We will see Hive Price in this zone for more months..
Here you can see monthly chart of Hive price. This is 4th month that we have seen red candles. We have never seen 4 red monthly candles before. So, It may be good level to pick up Hive when we see red in this month.
MACD Indicator is trying to reverse from the bottom on monhtly chart. We need a few green candles on monthly chart to enter bullish trend.
I started to cash flow into the market to buy discounted crypto. Hive is one of them.
We will see..
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