Hi guys,
As the title suggests Holochain is being "wanted" by traders with accumulation occurring. The many high green days while the coin retraces suggests something big might be brewing, but remember this coin is much riskier then the well known BTC,ETH,DASH etc. However with these coins the reward is much higher, so personally I have put a small fraction of my money into this coin and I am watching it carefully with a stop loss less then 20% (due to volatility) of the value I bought in. Ok so lets analyse this coin:
1) The Breakout for this coin has been huge, the Volume was literally in the top 5 on binance while these breakouts occurred and the price doubled in one of the price increases.
2) The Fibonacci Retracement has hit the 50% level and is holding on this price while accumulation occurs as can be seen on the 30 min chart where there are many green volume candles
3) I did some research into this coin, sounds interesting to say the least they try to solve many problems facing cryptocurrencies including the issues of scalability.
4) This coin was recently added to Binance allowing more traders access to trade this coin.
Remember watch this coin carefully, Just the huge volume itself on a coin which has never experienced such Volume may suggest something. We will go up, just a matter of how much more that is the real question.
Successful Trading
Crypt1c_one
As the title suggests Holochain is being "wanted" by traders with accumulation occurring. The many high green days while the coin retraces suggests something big might be brewing, but remember this coin is much riskier then the well known BTC,ETH,DASH etc. However with these coins the reward is much higher, so personally I have put a small fraction of my money into this coin and I am watching it carefully with a stop loss less then 20% (due to volatility) of the value I bought in. Ok so lets analyse this coin:
1) The Breakout for this coin has been huge, the Volume was literally in the top 5 on binance while these breakouts occurred and the price doubled in one of the price increases.
2) The Fibonacci Retracement has hit the 50% level and is holding on this price while accumulation occurs as can be seen on the 30 min chart where there are many green volume candles
3) I did some research into this coin, sounds interesting to say the least they try to solve many problems facing cryptocurrencies including the issues of scalability.
4) This coin was recently added to Binance allowing more traders access to trade this coin.
Remember watch this coin carefully, Just the huge volume itself on a coin which has never experienced such Volume may suggest something. We will go up, just a matter of how much more that is the real question.
Successful Trading
Crypt1c_one