No More Weekly Red Candle on Hive Price ChartsteemCreated with Sketch.

in Project HOPElast year

After closing last week, Hive price has 7 successive weekly red candle on the chart. 5 weekly red candles were the record for Hive price. Even not being in ultra mega bearish season, Hive price went down and got 7 successive weekly red candles..

We are in 8th week of red candles. It may be turn as green..There should be no more weekly red candles in July after 7 successive candles...

Ekran Resmi 2023-06-19 22.30.37.png

Here you can see the similarity between 2021 and now. Hive got 5 successive red candles before July 2021 and pumped after these candles.

Today, Hive has 7 successive red candles before July 2023 and will Hive price pump?

Ekran Resmi 2023-06-19 22.32.18.png

We will see..

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I think we should wait for the market to balance in our favor, however the forecasts in the middle of the trends are not very favorable.

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