Today Hive price touched the bottom line of despression zone which I drew it a few months ago! I shared a post about possible touch of bottom line of depression zone and It happened in this night. I was sleeping at this time and It was hard to pick up discount Hive from this level. It is great signal of reversing. The date is not a coincidence. Market maker tried to control the date to touch the bottom before 2024 US Election! It is very important for the future of crypto market. We may enter mega bullish season tomorrow. Crypto market needed a trigger to enter mega bullish season. It may be the reason..
Here you can see daily chart of Hive price. Even Hive price broke up downtrend line, It completed retest and it is stucked into depression zone. It should go up after completing the preparation of mega bullish season.
Here you can see the indicators on daily chart of Hive price. Fisher and MACD Indicator are at good level to reverse. They will support Hive price for bullish. As I said, we need a trigger to enter bullish season. 2024 US Election result may be the trigger for crypto market mega bullish season in 2025!
We have a few hours to see the results of election. Hive price touched the bottom and reversed a few hours ago. As I said, it is not a coincidence!
Hive is ready for bullish season. Bitcoin also reversed and trying to break up all time high. We need only a good result.
We will see!
Posted Using InLeo Alpha
