Humaniq - Wait for buy signal or accumulate at support
Humaniq is currently at a good time for accumulation, sitting nicely on major support at ~2400 Sat.
RSI indicates an oversold market, currently pointing slightly downwards. MACD supports that view.
Cloud is bearish at the moment but shows a change in movement direction for near future. Conversion line crossed below base line.
In general, you have now the opportunity to buy coins at pre-pump price. You may want to wait for some stronger buy signals like a good bounce from the support line, crossing conversion and base line and MACD+RSI pointing upwards.
First target would be the top of the triangle at ~3600 Sat.
Stop loss should be placed below support.
RSI indicates an oversold market, currently pointing slightly downwards. MACD supports that view.
Cloud is bearish at the moment but shows a change in movement direction for near future. Conversion line crossed below base line.
In general, you have now the opportunity to buy coins at pre-pump price. You may want to wait for some stronger buy signals like a good bounce from the support line, crossing conversion and base line and MACD+RSI pointing upwards.
First target would be the top of the triangle at ~3600 Sat.
Stop loss should be placed below support.
Comment:
Due to SegWit2x BTC update, many alts are going down because a hardfork into Bitcoin and Bitcoin (Gold?) is expected. People are selling ALTS to get their BTC and receiving free Bitcoin Gold coins similar to what happend during Bitcoin Cash hardfork.