There is great descending channel on Hive price chart. Hive price is trying to reverse up. The middle line of this great descending channel is great resistance for Hive price.
Here you can see daily chart of Hive price. Hive price touched 3 times to the bottom of this descending channel. This is another try to break up middle line of descending channel.
Hive price is also trying to go above 8-day moving average. It is great signal for short term.
Here you can see the indicators on daily chart of Hive price. There was great uptrend line on MACD Indicator and It is broken down. There is downtrend line on RSI Indicator and It is broken up. This is the best bullish signal on Hive price chart. We may see small bullish attacks on Hive price chart after breaking up this resistance.
Fisher Indicator appears irregular now. It is trying to go up.
So, we may see breaking up the middle line of descending channel. If Hive price breaks up this middle line of this channel, 0,09 USD will be the first target of Hive price.
Even there are lots of FUD, I believe Hive. I am picking up Hive and power them up. I am trying to build my Hive account during bearish season.
I hope we will see good days.