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Hive Analysis with Bollinger Band by tht

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· @tht ·
$7.74
Hive Analysis with Bollinger Band
The bad trend in the cryptocurrency market continues. There is a price drop of around 5% compared to last week. Although some altcoins show signs of recovery, the situation in BTC and ETH is worrying. As of now, the BTC price is around $ 54,800, while the ETH price is around $ 2300. The price has been moving downward for a long time. The cryptocurrency market is not in a promising place due to both the summer / holiday period and the fact that the expected steps have not been taken by the FED. However, the market always progresses this way. Every trend has an end. Markets usually make a bottom before they rise. I predict that prices will rise after the positive statements from the FED.

*Kripto para piyasasındaki kötü gidişat devam ediyor.  Geçtiğimiz haftaya göre %5 civarında fiyat düşüşü var. Bazı altcoinlerde toparlanma emaresi görülse de BTC ve ETH de durum endişe verici. An itibariyle BTC fiyatı 54,800$ civarında, ETH fiyatı ise 2300$ civarında seyrediyor. Uzun zamandır fiyat aşağı yönlü hareket ediyor. Hem yaz / tatil döneminde olmamız hem FED tarafından beklenilen adımların atılmaması nedeniyle kripto para piyasası umut verici bir yerde değil. Ancak piyasa her zaman bu şekilde ilerler. Her trendin bir sonu vardır. Piyasalar yükselmeden önce çoğunlukla bir dip yapar. FED tarafından gelecek olumlu açıklamalardan sonra fiyatların yükseleceğini öngörüyorum.*

Hive price has held up very well during the bear period. Afterwards, its performance was not good enough compared to other altcoins. The decline has been limited compared to other cryptocurrencies in recent days. It seems impatient to go up as soon as the market recovers.

*Hive fiyatı ayı döneminde gayet iyi direndi. Sonrasında diğer altcoinlere göre performansı yeteri kadar iyi olmadı. Son günlerde diğer kriptoparalara göre düşüş sınırlı oldu. Piyasa toparlanır toparlanmaz yukarıya doğru gitmek için sabırsızlanıyor gibi duruyor.*

![](https://images.ecency.com/DQmVS2pgwGjFzdxXkVaqMM7RajEXk2PakdbUS9vMeVPTXHi/image.png)
(Tradingview Hive /USDT 1 day chart)

The Hive price is between the lower band and the middle band on the Bollinger Band. It is a little closer to the middle band. This area is actually not a very reliable area. The price needs to exceed the middle band to be in a safer place. It is not easy to give advice at the moment. Of course, if the price touches the lower band or falls below the lower band, there is an opportunity to buy. If such an opportunity arises, I will of course evaluate it. On the other hand, if the price exceeds the upper band, this time it will give a signal to sell. In the current situation, the necessary conditions for buying or selling are not created. Therefore, it is necessary to wait a little to trade. However, regardless of the chart, if you are going to invest in Hive for the long term, the price is quite suitable.

*Hive fiyatı bollinger bandında alt bant ile orta bant arasında yer alıyor. Orta banda biraz daha yakın. Bu bölge aslında çok güvenilir bölge değil. Fiyatın daha güvenli yerde olması için orta bandı aşması lazım. Şu an için tavsiye vermek kolay değil. Tabii eğer fiyat alt banda temas eder veya alt bandın altına düşerse alım için bir fırsat oluşur. Böyle bir fırsat oluşursa elbette bunu değerlendireceğim. Öte yandan fiyat üst bandı aşarsa bu kez de satış için bir sinyal vermiş olur. Mevcut durum da alım veya satım için gerekli koşullar oluşmuş değil. Bu yüzden ticaret yapmak için biraz beklemek lazım. Ancak grafikten bağımsız olarak uzun vadeli hive için yatırım yapacaksanız fiyat gayet uygun.*

👍  , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , and 654 others
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vote details (718)
@ahmedhayat ·
It's been a long time since I read your hive analysis, now you are here with some hope, haha
👍  
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@tht ·
Yeah, I noticed that. Haha
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@hivebuzz ·
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@icebreak-r ·
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@tht ·
Thank you
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@india-leo ·
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@tht ·
Thank you
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@trliste ·
@tipu curate 10
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@tht ·
Thank you
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@tipu ·
<a href="https://tipu.online/hive_curator?trliste" target="_blank">Upvoted  &#128076;</a> (Mana: 0/63) <a href="https://peakd.com/hive/@reward.app/reward-app-quick-guide-updated" target="_blank">Liquid rewards</a>.
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