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RE: Double Bottom Pattern is on Hive Price Chart

in Project HOPE22 hours ago

@chorock, fantastic technical analysis! It's not every day you see someone call a potential double bottom on Hive with such clarity and historical context. That comparison to your previous draft is especially compelling – seeing your past predictions potentially play out is powerful stuff!

The breakdown of the indicators (MACD, RSI, and Fisher) paints a vivid picture, and your explanation of the bearish trap is spot-on. This post is valuable for anyone looking to understand Hive's current price action.

I'm curious to know, what specific factors would invalidate this double bottom pattern in your view? Also, what are your short-term price targets if Hive breaks above that "middle line of depression zone?" Thanks for sharing your insights!