THC/BTC Trend Prediction (4HR Chart) - Hold for Hard Fork

in cryptocurrencies •  7 years ago  (edited)

Let's have a quick update on HempCoin(THC/BTC).

THC did not make any strong bullrun despite they had their whitepaper released, rebranded, and new website.

And it broke the uptrend drawn from Dec-18, with a sharp push to current trading level 2000.

Now we are sitting at the support line drawn from Dec-2.

I m still positive on THC trend ahead of hard fork(Feb-23), the chart also indicate THC will decide the movement at around Feb-22.

It need to go up a little bit to 2200 to continue the bull run.

If we broke the uptrend, we may stay at 1700 level for a while, and go straight to 1000.

Trade Suggestion 1:
Buy when THC crosses 2200.

Trade Suggestion 2:
Buy when THC crosses 2500.

Target:

  1. 2400
  2. 2500
  3. 2900
  4. 3100
  5. 3500
  6. 3700
  7. 3900

Stop loss: 1750

Good Luck.

My channel:
Tradingview: https://www.tradingview.com/u/hendric886/

cryptocurrencies hempcoin thc trend analysis
7 years ago by

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      ·  7 years ago 

    Hope hard fork news can let THC moon

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      2 votes
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        ·  7 years ago 

      We will see if THC able to bounce to last support line 1980..

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          ·  7 years ago 

        We just bounce back into the triangle, plus a double bottom formed.

        See if we can bounce to 2400.

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            ·  7 years ago (edited)

          We are testing the blue support line now.

          Have your stop loss order ready if you are holding it.

          If THC does not further go down , we will see if THC able to hit 2200, within 24 hours.

          If it does, wait for another 2200 hit for entry.

          If not, go for another coin =)

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            1 vote
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              ·  6 years ago 

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                ·  5 years ago 

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