HIVE UPDATE : WHAT TO DO NOW?

Greeting everyone ,

It is Monday and HIVE has been down for few days . It has down to current price at USD 1.51 . Few days ago i have post about bearish alert divergence and another bearish pattern double top at previous chart. Confirmation bearish movement happen after the market break the support line at USD 2.00 . While the bearish market happening , the big man crypto BTC is has been drop to 41948 before bullish yesterday.

SO WHAT WILL HAPPENING NOW?

We open TF 4H to see market movement detail .

The support USD1.40 is rejecting the seller pressure few days ago making price correction to previou s resistance at USD 2.00. Those was a strong resistance , i believe there is many SELL pending order at that resistance line. As we see , market is continue making bearish trend to USD 1.40 .

At this moment , there is no strong bullish or bearish pattern and there is no fundamental news that will move for huge movement , unless there will some sudden news on crypto world that will make the movement. If we see the history of HIVE , HIVE movement is not being influence much by the other crypto , buy who know what will happen. Everything is possible in this crypto world.

The market might making sideway between support and resistance line maybe in few days or month. I hope we ll hear another good news for HIVE making bullish movement.

I ll keep selling my HBD for HIVE for next bullish movement . I heard BTC years end pump will repeat the history , and at that time if HIVE ride the trend , then i ll be ready to making some profit.

This is another update for my learning journal.

Notes: This is my personal learning process journal , not a professional advices because i also still learning.

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