alanmasters
Long

HyperCash (HCBTC) Double Bullish Bottom (105% PP)

BINANCE:HCBTC   HyperCash / Bitcoin
HyperCash broke EMA10 with strength just 4 days ago and it is now challenging EMA50 (magenta line on chart).

If HyperCash can manage to close and remain above EMA50, it will move to hit several important resistance levels next, with 0.000295 being where the strong resistance will be met next.

We have good volume and momentum supporting this move.

The "X" on the chart is our next support, where HCBTC price bounced twice, creating a double bottom before moving up.

If this line is broken, you can expect HCBTC to go low.

Here you have the price action for HCBTC described in simple terms. You can use this information to trade.

Thanks a lot for reading.

Namaste.
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Related Ideas

the binance chart shows only part of the story that we see, theres a bigger picture from May 02, 2018, a very big wedge, i dont know where to find a bigger chart so i cant make pinpoints, what do you think
+1 Reply
@hamie101, I am aware of it.

You can buy as much as you want and hold long.

When this starts to move, it will exceed all expectations.

I've seen this coin being pumped really hard in the past. Pure manipulation of course, but we can only trade and profit from the opportunities that are presented to us.

So we see the bottom, we prepare for the wave up.

Namaste.
+1 Reply
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