Today Hive is one of the best gainers on crypto market. It touched the top line of consolidation zone. I shared lots of analysis about Hive price chart and showed you consolidation zone. Here you can see daily chart of Hive and my draft. I drew it a few years ago and It worked as well. I did not change anything on this chart and Hive price moves how I drew.
There was great consolidation zone on Hive price chart. I drew it. Hive broke down this zone and entered depression zone. I picked up lots of discounted Hive from this zone. Today Hive price touched the top line of consolidation zone which is great resistance for Hive price chart.
0,40 USD was the top line of consolidation zone. When Hive breaks up this zone, Hive price will enter mega bullish season. This is only the beginning!
Here you can see the indicator of daily chart of Hive. We may see a small price correction. Because the top line of consolidation zone is great resistance for Hive price chart. The indicators also need correction for long bullrun.
We will see parabolic price moves on Hive price chart after seeing daily close above this zone.
The middle line of consolidation zone is support level for possible price correction on Hive price chart.
I am so happy to see Hive price as best gainers on market. Hive will be star of altcoin season. Hive price is still discounted. It is still early to invest Hive!
We will see..