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HIVE moves in a side channel. What will be the next movement? by carloserp-2000

View this thread on: hive.blogpeakd.comecency.com
· @carloserp-2000 ·
$1.34
HIVE moves in a side channel. What will be the next movement?
<div class="text-justify">

<center> <img src="https://files.peakd.com/file/peakd-hive/carloserp-2000/iaOYzTR3-image.png"></center>

<p>Approximately 11 days ago the hive started a small uptrend, after several weeks it was trading in a bearish channel (see chart 1) that could lead it to touch the lowest lows. Fortunately we got out of that channel and started a small recovery and now for 5 days we are in a side channel in the middle of two important lines (0.167-0.14 $) (see chart 2) without knowing yet in which direction it will go in the next hours or days.</p>

<center> <img src="https://files.peakd.com/file/peakd-hive/carloserp-2000/9vpAWZUj-image.png"></center>

<p>Today we are in the $0.15 price range, practically in the middle of those two lines, and moving sideways.</p>

<p>Usually when a crypto spends a lot of time moving sideways, at the end comes a very strong movement, and either up or down.</p>

<p>According to the analysis I've been doing the last few days it is very difficult to predict a next movement for the hive.</p>

<center> <img src="https://files.peakd.com/file/peakd-hive/carloserp-2000/9FDxeXWs-image.png"></center>

<p>In the graph in time of one hour we can see how it has been moving in the middle of the two lines.</p>

<p>The volume of the hive is the lowest since it was included in large exchanges and that is because the big 3 (binance, huobi and bittrex) still have the deposits and withdrawals offline.</p>

<center> <img src="https://files.peakd.com/file/peakd-hive/carloserp-2000/HoPfIhvM-image.png"></center>

<center> <img src="https://files.peakd.com/file/peakd-hive/carloserp-2000/JpbbLh4C-image.png"></center>

<p>It is very probable that this strong movement can be generated at the moment that the exchanges enable their wallets and at that moment we will be very much in expectation.</p>

<p>We know that HF24 has a week to develop and even some applications are presenting problems, when everything is normalised automatically the exchanges will give the green light to withdraw and deposit.</p>

<p>We are still in a range of accumulation and we must be positive that the next movement of the hive will be upward.</p>

<p>Be patient friends, soon the bullfight will come.</p>

<center> <img src="https://files.peakd.com/file/peakd-hive/carloserp-2000/XE1vtEAz-image.png"></center>

<p><b>Disclaimer.</b></p>

<p><sup>Trading involves considerable risk. Prices may fluctuate and as a result, more than the original investment may be lost. For this reason the creator of this content is not responsible for losses in your assets.</sup></p>

<p><li><a href="https://leofinance.io/hive-167922/@leofinance/the-power-of-rewarding-authors-with-second-layer-tokenization">Posted Using LeoFinance Beta</a></li></p>

<center> <img src="https://files.peakd.com/file/peakd-hive/carloserp-2000/37E93b6D-image.png"><br>If you want to know more about the financial world and everything related to the crypto market visit https://leofinance.io/</sup></a></center>

<center> <img src="https://files.peakd.com/file/peakd-hive/carloserp-2000/E9DSO0YH-image.png"></center>

<p><center> Greetings and blessings</center></p>
</div>

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/hive-167922/@carloserp-2000/hive-moves-in-a-side-channel-what-will-be-the-next-movement)
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@poshbot ·
https://twitter.com/2000Carloserp/status/1317494634281603072
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