alanmasters

Hydro Bottoming Out?! (130%+ Profits Potential)

BITTREX:HYDROBTC   Hydro / Bitcoin
Hydro ( HYDROBTC ) is starting to form a bottom and has the potential to bounce and move up.

Please allow me to entertain you for a few minutes, so come and read this chart with me, we are going to be looking only at a few signals so feel free to hit like any time you want now to get started...

Hydro ( HYDROBTC ) Chart Analysis with Alan Masters:

  • We can see Hydro's price going flat, marked yellow on the chart, with 6 attempts to break the 35 satoshis support without luck. This is a strong support now.
  • Bullish divergence is building up on the MACD , this is marked by a bold blue line.
  • The RSI is moving up after going oversold and broke above resistance, has plenty of room for growth.
  • Now trading above EMA10.

These are early signals because there isn't any volume yet. The bullish divergence is very telling and supports 35 satoshis as a potential low.

In order for these signals to turn into a strong bullish move, a high volume breakout is necessary.

Conditions for change: If HYDROBTC moves down and closes below 35 satoshis, the above signals are invalidated.

Thanks a lot for reading.

Namaste.
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