HCBTC/BTC - Binance
Bullish and Bearish Scenario for HC/BTC
For this graph, We use Elliott Impulse Wave (12345), Long position and Trendline tools.
MacD below and up/down arrow.
On this graph, we saw strong support between 0.0001776 btc
Verdict:
We open risk, Good buy at 0.0001800 - 0.001780
Target sell is 25-30% and that would be 0.00020 to 0.0022
Stop-loss depends on the redline.
You can check it here
Remember TECHNICAL ANALYSIS is all about probabilities and based on previous market performance(not all about certainty)
Disclaimer: This is for educational purposes,it is not intended as a financial advice.
The analyst won't be responsible for a loss of fund. Trader should be able to manage risk.
#Trend Analysis
#Chart Patterns
#Wave Analysis
Thanks a lot!