Hive price stuck between great downtrend line and the middle line of depression zone. This great downtrend line is coming from 0,70 USD. It will be broken up in a few days. Because it is going down fast and Hive price will be supported by great support levels.

Here you can see daily chart of Hive price and my draft. I shared this draft a few years ago and It worked as well.. Hive price is below the middle line of depression zone. It may be great level and time to pick up. Because this move may be a bearish trap as before. You can see how Hive price reversed from this level before. When Hive price reverses up, it will break up great downtrend line.




![e1.PNG](https://files.peakd.com/file/peakd-hive/chorock/23swg9smtJHpkmykcHXv1Na3t1EKUGi59Z8jSAVaTSnN3pMcT77Hf6GzVf3PxvqRnDYja.PNG)

Here you can see the indicators on daily chart of Hive price. There is downtrend line on RSI Indicator. MACD Indicator is trying to reverse up. Fisher Indicator is also at good level to reverse up. If Hive price reverses up in a few days, all of major indicators will break up downtrend lines and They will begin to go up. So, It is critical to see breaking up great resistance on Hive price chart.



![e2.PNG](https://files.peakd.com/file/peakd-hive/chorock/23swiJgRyiHRCR5jrziWpKRCYqUHHranaVk94fC43nCaJNTbTitKSDnVVqq1J32bQSTpC.PNG)

As I said, it may be great level and time to prick up discounted Hive. I started to pick up Hive below 0,20 USD level. I hope we will not see this level again.

We will see..


Posted Using [INLEO](https://inleo.io/@chorock/hive-price-will-break-up-great-resistance-in-a-few-days-bnp)