Testing Prior Support Levels
It should be clear from the chart, but HIVE appears to be testing some old support levels seen last in the prior bull run. With this latest dip back down, we might finally be at that zone in which we consolidate and eventually punch through. Traditionally, I've read that stocks tend to usually consolidate and punch through on their fourth support line test. We've already had at least one. It'll be interesting to see if such technical analysis can be applicable here as well.
Congratulations @hivefreewrite! You have completed the following achievement on the Hive blockchain And have been rewarded with New badge(s)
Your next target is to reach 900 upvotes.
You can view your badges on your board and compare yourself to others in the Ranking
If you no longer want to receive notifications, reply to this comment with the word
STOPCongratulations @hivefreewrite! You received a personal badge!
You can view your badges on your board and compare yourself to others in the Ranking