There was 4 successive weekly green candle on Hive price chart. It was the longest green candles series in tih year. Hive price went up 70% with these green candle serie. After 4 successive weekly green candles, Hive price touched great resistance.

Here you can see weekly chart of Hive price. After touching this great downtrend line, we have seen three succesive weekly red candles. Hive price broke down uptrend line with these weekly red candles.

Here you can see the indicators on weekly chart of Hive price. Fisher Indicator reversed down from the top. MACD Indicator was going up slowly. It is trying to go above 0 level. If we see more weekly red candles, we may see reversing downo on MACD Indicator. Fisher Indicator will go down for a few weeks.

There is negative signal on Hive price chart. Hive price closed the last week below 8-week moving average.

Hive price should break this great resistance. Even Hive price broke up 200-day moving average which is one of great resistance, It went below after touching this great resistance.

We should see a few weekly green candle after this price correction with 3 successive weekly red candles.