No More Weekly Red Candle on Hive Price Chart
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...
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?
We will see..
Thank you, friend!
![image.png](https://steemitimages.com/640x0/https://cdn.steemitimages.com/DQmd7of2TpLGqvckkrReWahnkxMWH6eMg5upXesfsujDCnW/image.png)
![image.png](https://steemitimages.com/640x0/https://cdn.steemitimages.com/DQmWDnFh7Kcgj2gdPc5RgG9Cezc4Bapq8sQQJvrkxR8rx5z/image.png)
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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.