Looking for a ETH breakoutI dont like this management but they are delivering what they promised(mining capacity) except for the fact crypto has fallen off the cliff this year, which is out of their control.
However, I am not a chart guru but I see that Ethereum has formed a descending wedge pattern and that a breakout is hopefully confirmed by next week. And if thats the case, HIVE should follow the price of Ethereum.
So i am positive for the time being but two things need to happen soon for me to stay long this. Ethereum breaks out of the pattern and Hive follows with that. Otherwise just buy the coins direct.