Hive (HIVE / USDT) Bang !!!! Repeating pattern. If you are an investor in Hive you should see this analysis.

Moment 3 or Moment 4 that is the question

We continue on a growth line in the price of Hive or the price ...

We will see

A few days ago I made an article commenting that Hive had to keep the dollar for Hive to think about forming a new channel based on 1 dollar

If you want to see that analysis this is the link

As we saw, it has reached 1.5 dollars per Hive but the dollar has not maintained, which makes us think of a false break to the upside of the channel. Moment 4

What is that of the moments?

I have detected that hive follows the same pattern formed by four moments.

The four identified moments are:

1- The price generates a candle with wick that breaks the canal. Marking a higher price

2- The price returns to the bottom line of the channel, support line.

3 - An ascending cycle begins where the price forms an upline. The price can perform a false break and returns to the upward trend line

4 - The price breaks the channel at the top, the price increases its rise and in a few days it generates a candle with a wick that marks a new maximum (moment 1).

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Current Analysis

Entering the channel again confirms the false breakout of the channel.

This has already been done in the previous cycle

As we see in the previous cycle it occurs. a false breakout but the price falls back to where it continues with upward price growth.

This could be repeated in this cycle. We continue at moment 3, waiting for the next break of the channel at 1 dollar.

What do you think?

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