What To Expect In The market In Hive Why Buyers Not Invest In Hive Market? Deeply Market Analysis
My Expectation And Hive Market
The market did not even get high.we found sellers instead up around 1.15 dollar away from ultimate restriction coming into the market in hive.
If you're looking for the market to continue to go down.you want to cut the loss.you're going to increase your losses why hive is still not a buy you should already tell we see a change occurring to the market.you see it on this price.
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What happened into the market in hive this overall trend in hive started back in last year 2021.this trend of us seeing the price and hive go up.we was on a very sustained bullish trend to the market in hive we came back down in jan the price back up got rejected around 1.7 dollars.
What do you know what happened the price broke the trend.we tried to come back up and see if price was able to come back up above the trend and we still got rejected this market is weak.we should not be acting bullish into the market in hive. we are not going to act bullish into the market in hive meaning if we're not going to expect the price to go up
** what are our other options we will ever get in these markets**
one price goes up
Two price goes down
Three price goes nowhere it just trades sideways.we eliminated the prospect of this market in hive going up.
We're going to consolidate or price is going to continue to go lower.i can already tell the buyers and the marketing hive for us to see price in hive trade sideways market cannot fall below this level.
You can see price is already. we need to see the buyers step in what to expect in the market in hive.if we see price hold above this level then we're going to expect some consolidational trading.we ever see the price in hive break present dollar then we have to be prepared for another move lower .
We need to see the market.we need to see the bounce in hive.we're still seeing some weakness into the marketing hive this as not being massively bearish like i'm not looking for a collapse in price. we have to identify what is the environment.the environment is weak. we need to understand that the market is generally weaker.
We see price break 1 dollars going to the downside.we got to be prepared for another down this expectation of seeing price come down go against.why i'm telling you already if the buyers come in and hold price above 1.16 dollar my expectation of seeing price come down lower in hive.
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