HIVE / 4h

As anticipated in the prior analyses, HIVE has declined by 14.5% after peaking at 3.07 in late August, completing the Leading Diagonal as Intermediate Wave (1).

Wave Analysis
📈🎬 The Leading Diagonal in Intermediate Wave (1), as a potentially bullish and well-structured pattern, strengthens the case for an underlying Primary degree uptrend. An impulsive Wave (3) is anticipated in the coming months.

Trend Analysis
📉🎬 The trend reversal at the Intermediate degree is now confirmed.
A Minor Wave A is now unfolding toward the Fib retracement level of 0.382.
The entire correction in Intermediate Wave (2), which might be unfolding as an A–B–C sequence downward, is likely to continue into late October.

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