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πŸ“ˆ Daily TA: HIVE/USD | 17-07-2021 by cryptospa

View this thread on: hive.blogpeakd.comecency.com
· @cryptospa ·
$2.45
πŸ“ˆ Daily TA: HIVE/USD | 17-07-2021
**Hello, dear members of LeoFinance!**

Today I want to outline something interesting the price chart of **HIVE**.

In the daily chart (1D), HIVE/USD is trying to break through the upper line of the Descending Wedge:
![17.07.2021 HIVEUSD.jpg](https://images.hive.blog/DQmPx33Y4CtkEE3L2B1dEeuh2r67qqgqx6ybkmzA5bWvXMN/17.07.2021%20HIVE-USD.jpg)
As can be seen from the chart, right now, the price is already outside the wedge. Let's hope that the 360-day Moving Average (MA 360) will provide enough support for the cryptocurrency to put an end to the Descending Wedge and later renew the uptrend.

To be continued ...

*As of the time of writing, one HIVE costs $0.2943 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 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](https://steemit.com/cryptocurrency/@cryptospa/cryptocurrency-market-overview-or-07-03-2019)

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Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@cryptospa/daily-ta-hive-usd-or-17-07-2021)
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vote details (49)
@thisisawesome ·
Thanks a lot for sharing this analysis of Hive Veso, and let's see how it develops once it tests the upper line, stay awesome.
___
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!ALIVE 

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*This post is AWESOME!*

*It will therefore be highlighted in our daily Curated Collections posting for today.*

*The goal of this project is to "highlightΒ **Awesome Content**, and growing the Hive ecosystem by rewarding it".*

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[Source](https://tenor.com/view/colin-mochrie-whos-awesome-you-are-whos-line-isit-anyway-youreawesome-gif-11655828)
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@youarealive ·
You Are Alive and have been rewarded with 0.1 ALIVE tokens from the [We Are Alive Tribe](https://wearealiveand.social/), and it's paid for by the earnings on @alive.chat, swing by our daily chat any time you want. <br /> ![](https://i.imgur.com/p2WXJLn.png)
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@zekepickleman ·
Love the Hive TA for obvious reasons.  

I have a Hive/HBD buy order in case HBD spikes independently from Hive, or Hive drops below the 360.

Otherwise, I am proud of picking up a chunk of Hive at like $.19!
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