Hello, dear Hivers!
In the 4-hour chart (4H) of HIVE/USD, the bulls are trying to stop the bear's invasion: a Bullish Engulfing has just formed:
Although the 4-hour time frame is not the most indicative and reliable one, let's cross our fingers for HIVE, and let's hope that the next couple of candlesticks will be bullish ones, what I would consider as a Bullish singal, indicating to a potential trend reversal ...
So, let's wait and see what happens in the next 8-16 hours.
A few words about me:
Just to let you know: I've been working professionally as a currency analyst for the last 14 years, and as a cryptocurrency analyst for the last 3 years.
Keep in mind, that thoughts expressed here are my own, and they should not be regarded as recommendations for any cryptocurrency trades, investments and etc.
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