ScotianBot

Descending Triangle breakdown for Hive?

TSXV:HIVE   HIVE BLOCKCHAIN TECHNOLOGIES LTD
It's unlikely this plays out as a bullish flag because the baseline of support has been breached indicating the pattern is a descending triangle .

Comment: Possibly a fake-out with the descending triangle, or maybe the downward sloping resistance will come into play, notice the correlation between BTC & Hive?

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