Posts

๐Ÿ“ˆ Daily TA: HIVE/USD | 07-04-2021

avatar of @cryptospa
25
@cryptospa
ยท
ยท
0 views
ยท
1 min read

Hello, dear members of LeoFinance!

Today I want to outline some very interesting technical patterns in the price chart of HIVE

In the 4-hour chart (4H), HIVE/USD has declined significantly within the last few days. Nevertheless, the price chart has remained within the Ascending channel (uptrend): Interestingly, the price of HIVE has received support at the 30-day Moving Average and the lower line of the channel (trend line). Theoretically, the chances are high that the uptrend will resume and HIVE/USD will continue its upward journey within the channel

To be continued ...

As of the time of writing, one HIVE costs $0.5661 on the Binance crypto exchange, according to TradingView.


A few words about me:

Just to let you know: I've been working professionally as a currency analyst for the last almost 15 years and as a cryptocurrency analyst for the last almost 4 years.


Important!

Keep in mind, that thoughts expressed here are my own, and they should not be regarded as recommendations for any cryptocurrency/commodity trades, investments and etc.


Learn How To Earn PRE Tokens By Using Presearch Decentralized Search Engine

Join the crypto exchange Binance: https://www.binance.com/en/register?ref=28017531 Join the crypto exchange Bittrex: https://bittrex.com/Account/Register?referralCode=3GB-QAJ-BMW

Posted Using LeoFinance Beta