ScotianBot

Is HIVE about to breakout of a Bull Flag?

Panjang
TSXV:HIVE   HIVE DIGITAL TECHNOLOGIES LTD
It appears as though Hive is slightly breaching the downward sloping resistance of a Bull Flag, recently there was another fake-out to the downside of the horizontal baseline of support but the sp has created a higher low on top of the rising channel for a second time where I have placed the blue fingers.

The RSI is already breaching the downward sloping resistance of a similar pattern.

On the KST there has been a bullish cross, you need to zoom in close to get a clear view.

The chart linked to this chart displays a slightly different narrative, it displays the sp is trading inside the rising channel on the verge of breaking out to the upside.
Penafian

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