Hive Price Entered Consolidation Zone Again

Hive price broke up consolidation zone at the end of January. Hive price was in this zone for a year. A few week ago, Hive price broke up the top line of this zone which is as great resistance. After breaking up this resistance, Hive price might be entered bullish trend. But price went down and Hive price is still in this consolidation zone.

So, Hive price should be above this consolidation zone.

Here you can see daily chart of Hive. I circled the similarities happened before and now. Hive price supported the middle line of this zone. If Hive price can not break up the top line of this zone, Hive price may touch againg the middle line of this zone. So, It can be great opportunity to buy Hive at 0,33 USD level..

When we look at the indicators of Hive There is downtrend line on RSI Indicator. Fisher Indicator is also trying to reverse from the bottom. So, It is possible to break up the resistance. Hive price may go up again this consolidation zone. We may not see the chance to buy Hive at 0,33 USD...

Lots of crypto chart show the date 8th April. We may see bullish trend after 8th April.
We will see Solar Ecilipse at 8th April. That is why all market is waiting for this date.

We will see what will be after Solar ecilipse..

Posted Using InLeo Alpha