This week is 6th green week on Hive Price chart. Hive price has only one time 7 green candles before. We saw 5 green candles at the beginning of 2023 and these are the longest series on Hive price chart.
Here you can see weekly chart of Hive. I circled the green series on Hive price chart. Hive price has only 5 and 7 green candle series on weekly chart. We are in 6th. So, price correction is coming soon.
You can see what happened after this weekly green series. Hive price may enter price correction for a few weeks!
I shared an analysis for Hive price chart about price correction coming soon. Here you can see daily chart of Hive that supports my analysis. There is support line on RSI Indicator on daily chart of Hive and It will be broken down in a few days!
If it breaks down, this will be trigger for price correction. So, this week we may see red candle on Hive Price chart..
Market is so hungry for bullish season. When Bitcoin price moves to down, It repair its loss. Lots of people ware waiting for price correction.
But we may see price dump even lots of people are waiting on buy button.
We will see..