As predicted, we broke down and bounced off the .618 Fib. But now we are closing below the cloud, lets watch for a few days and see what happens.
FAUwishes
⋅
We are going to be seeing a major rebranding on the 26th! With possible Information regarding the hard fork. Sure will be a lot of buzz over the next few days, very exciting!
NathanielEverett
⋅
@FAUwishes, Looks like it's getting a little love now!
That's a pretty hard call considering the main drops there are BTC dropping, yea THC has been seeing some decline but the markets so unstable lately charting isn't worth much rn.
NathanielEverett
⋅
@zacharyd3, this chart is relative to BTC. So trading against BTC we are clearly in a downtrend. THC went up 20x in month, it needs some healthy consolidation before the next leg up