Hive Price Broke Down Main Uptrend Line
There was major uptrend line on Hive price chart coming from all time low level. Hive price was going up slowly by supporting by this uptrend line. Even it was going up slowly, there was great downtrend line on Hive price chart.
Here you can see daily chart of Bitcoin price. 200-day moving average was great resistance on Hive price chart. Hive price tried to break up this resistance for years. Finally It is broken up. Even it is broken down, there was great downtrend line on Hive price chart that resisted Hive price. After touching this great resistance, Hive price reversed down. There was mini uptrend lines on Hive price chart while Hive price going up. After reversing down, Hive price tried to be supported by these uptrend lines, but Hive price broke down these mini uptrend lines.
There was main uptrend line on Hive price chart. It is broken down. Hive price also broke down
200-day moving average.
Here you can see daily chart of Hive price. Fisher Indicator is close to the bottom and It is trying to reverse up. There was great uptrend line on MACD Indicator and It is broken down. There is mini downtrend line on RSI Indicator. We will follow this resistance to see breaking up. When it is broken up, Hive price will reverse up and continue to go up to break up great resistance on Hive price chart.
Hive price may touch 100-day moving average. After supported by these levels Hive price will reverse up and broke up the downtrend line on RSI Indicator.
We will see..
Posted Using INLEO
El detalle de que la 200-day MA frenó el precio por años y ahora la rompió para abajo es lo que más me llama la atención, xq cambia el panorama. En el RSI esa mini downtrend line es la que hay que vigilar, si la rompe ahí sí cambia la cosa.
Why 😯 price is down 😭
Charts aside, the part of Hive I can verify on chain is the yield: HBD savings pays 10% APR today (set by the witnesses, read from the chain on 17 Oct), paid in HBD. For comparison, a LasseCash mint pays about 230% to 340% a year in LASSECASH at today's share base. That is an estimate that falls as more people mint, a different asset with a different risk, so not like for like. Does anyone have LEO's current staking yield? I'd like to add it to the comparison.
— Lasse
Update 18 Oct: a large new mint has since added to the share base, so the LasseCash estimate above has fallen sharply. The live figure is at lassecash.com/stats.