There are Both Bullish and Bearish Traps on Hive Price Chart
Market maker always does fake moves. I shared an analysis about Hive price chart two days ago and I thought It was only a bearish trap on Hive price chart. There was great support line on Hive price chart. Eve Hive price broke down this great support line daily close completed above this great support line.
But Market maker (Trump) made lots of fake moves with manupilation. All of crypto investors only watched this fake moves. Because, nobody could predict these moves on crypto market.
Here you can see daily chart of Hive. Unfortunately Hive price broke down great support line coming from bottom. I hope It would be a fake move and Hive price went up above this uptrend line. If not, We may see price drop on Hive price chart.
0,21 USD is the first major support on Hive price chart now.
Here you can see the indicators on Hive price chart. MACD Indicator needs a few days to reverse up. There was great support line on RSI Indicator. It is also broken down as price.
So we need to see new pattern on Hive price chart.
There are lots of manupilation on crypto market. It is not good to make technical analysis in these days.
We need clear days without manupilation..
We will see..
Thank you for making it clear that this is not a good time to conduct an analysis. Have a great week.