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bizmark
Mar 8, 2021 1:15 AM

Heroes of Might and HEGIC Long

Description

Falling wedge has been broken, and now it seems like Heroes are accumulating HEGIC around curent price. After breakout from the BUY ZONE, possible retest of it's upper edge, before going up again (as future price projection shows). On Binance, the HEGIC is not even in USDT pair yet, so this is early bird and potential X-bagger, aye?

Comment

After drop to 0.2, HEGIC is back up in the buy zone. Now I would like to see retest of the lower edge of buy zone, bounce up, break of the upper edge of buy zone followed by it's retest and bounce up again. All as shown on this picture.

Comment

Just note that this way (as shown above) the price would also create inverted Head and Shoulders pattern, which if triggered could start the whole uptrend.

Comment

Leaving the buy zone. Head and shoulders formed and trigerred - according to the plan, great! Possible retest of the buy zone from above, then voilà MAGIC!

Comment

Target of inverted Head and Shoulders has been hit and price pulled back. Not sure we will get it back into the buy zone before going up again, as the bulls seems to be strong.

Comment

Well, here we are back in the buy zone. Currently sitting on iH&S neckline. Once the price breaks red downtrendline, then it could regain the green uptrendline, which could later act as launchpad for this rocketship.

Comment

Cleaned the chart and revised drawings. Red downtrend channel broken up. I still think the green uptrendline could act as magnet attracting the price. Filled my bag even more in the buyzone, really like the setup.

Comment

It's taking longer than I expected, but It will pay off in the end. 💸
I think that the break of the white trendline could be the trigger finally! Let's see...

Comment

It was a pain till now, but it looks like we are finally going up. Downtrendline broken and check the huge volume today (the highest in history). I wouldn't be surprised if we see +100% gain in one day. Buckle up!
Comments
MoneyMakerTrade
Excellent work
TIGHTCRYPTO
well
mjgetsweird
Wow. Great work! Very well thought out. Thanks! excited for this project and can\t wait to see it grow.
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