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

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:

2400
2500
2900
3100
3500
3700
3900
Stop loss: 1750

Good Luck.

تعليق:

We are testing the upward 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 =)

تعليق:

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

تعليق:

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

See if we can bounce to 2400.