HEC DAO seems to be on a path to $40 first and if it breaks $28 is possible before it bounces back. When we brokeout of the resistance trendline last week and went back up to 80s we had glamour of potential reversal but HEC got rejected there. Unfortunately, since then selling pressure continued. We have squeezes forming to the downside.
It looks like HEC will test it is current backing price in 40s soon.
nice work.. i am sure most of us hec hodlers are sitting on a loss atm.. so are very keen so see some positive progress.. any updated visions in your crystal ball?
CryptoBreakers
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@knoblybits, Hi guys I will post an update within the next day or so.
apodland
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Great Analysis. Your predictions have been spot on. Any updated thoughts on HEC's path moving forward from here?