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Hive up!!! This Hive move looks a lot like this

criptoar

Published: 15 Jul 2023 › Updated: 15 Jul 2023Hive up!!! This Hive move looks a lot like this

Hive up!!! This Hive move looks a lot like this

Today I bring you an analysis of the price of Hive following average lines, if history does not repeat itself but rhymes, the price of Hive could continue to rise. Keep reading.

Captura de pantalla 2023-07-15 a la(s) 11.42.55.png

Let's see.

The Hive price has been on an upward trend for almost a month.

Captura de pantalla 2023-07-15 a la(s) 11.29.23.png

In the last days it has broken upwards the resistance of the average lines of 20 and 50 periods daily chart, already having an upward trend in the medium term.

Captura de pantalla 2023-07-15 a la(s) 11.32.34.png

Today it is trying to overcome the average of 200 daily chart periods, which would be very bullish if the price can be maintained above this average.

Captura de pantalla 2023-07-15 a la(s) 11.42.55.png

But we already saw this movement before in 2022

Hive first breaks the 20 and 50 period averages, corrects, consolidates the price along the average lines until it finds the 200 period lines and exceeds them for a short time.

Captura de pantalla 2023-07-15 a la(s) 11.46.07.png

The price movement will be repeated, what do you think?

Good weekend, have a good time!!!



READ DISCLAIMER: this publication / analysis is only for general information purposes. I am not a professional trader and I will never be a financial advisor. The material in this publication does not constitute any trading advice of any kind. This is the way I see the paintings and what my ideas are. Perform your own analysis before making an investment decision. Use money that you are willing to lose if you make an investment. If you make exchanges or investments after reading this publication, it is entirely at your own risk. I am not responsible for any of your gains or losses. By reading this publication, you acknowledge and agree that you will never hold me liable for any of your profits or losses.

Captura de pantalla 2020-05-09 a las 11.59.54 a.m..png

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Crypto, Indices Trader using more than a five years of experience in Elliott Wave and Pattern Analysis, Hobby trekking and photo. FOLLOW ME for regular UPDATES

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