alanmasters
Long

HempCoin (THC) Trade Analysis: Over 500% Profits Potential

BITTREX:THCBTC   HempCoin / Bitcoin
Here is another marijuana related altcoin. Earlier I shared a trade for PotCoin (POT), and mentioned the market dynamics that affects these marijuana coins. Just as PotCoin shot up in price, the same happened for HempCoin ( THC ), DopeCoin (DOPE) and CannabisCoin ( CANN ).

So all the same factors related to the growth and legalization of the marijuana industry throughout the world affects all these coins similarly... in a positive way. Take a look at the chart below, the orange circles is the same price from which we took off before...
- Look at how bullish all the indicators have become. The RSI shot up massively and the MACD is getting ready to take off.
- Soon 4/20, which is a marijuana news field day, plus many other factors.
- This is just the start... there is room for more, specially when you take into consideration how fast the marijuana industry is growing worldwide and needs a payment system that can be trusted... Cryptocurrencies can be really helpful.
- The potential is huge... This is a long term trade.

Now let's take a quick look at the weekly...
- This chart is very easy to read. Take a look at the last bull run. The price shot up massively for two weeks before running out of steam. Then comes the retrace.
- In the last 5 candles, you can see how the price bottomed out. The last 3 candles went flat and finally a strong green candle... the breakout which will be confirmed once trading week closes.
- The MACD and RSI are starting to curve only now and both show plenty of room for growth.


###HempCoin ( THC ) Trade by Alan Masters

Trade instructions

Buy-in: 0.00000800 - 0.00001000

Buy into this trade within the price range above.

Targets:

MID

(1) 0.00001218
(2) 0.00001534
(3) 0.00002046
(4) 0.00002410
(5) 0.00002874

LONG

(1) 0.00001689
(2) 0.00002360
(3) 0.00003444
(4) 0.00004216
(5) 0.00005200 (All time high)


###Message: It Is Ok To Be Strong

It is ok to be strong.

It is necessary to be great.

Live your life as you want.

Enjoyment is life itself.

...

Namaste.
Trade active: Please allow time for this trade to develop.

This will be a very nice and profitable ride.

All that is needed here to make money is to buy & hold. You later sell on target.

That's all.

Have a great weekend...

Namaste.
Trade active: HempCoin (THC) first target reached.
Enjoy the profits!

Targets:

MID

(1) 0.00001218 * Target reached on 16-April *
(2) 0.00001534
(3) 0.00002046
(4) 0.00002410
(5) 0.00002874

Namaste.
Comment: We are 20% above our buy-in recommendation. First target reached!

Here is a general update on this marijuana coin:

Tomorrow is the 4/20... Cannabis news and events day.

This can have an effect on this and our other marijuana trades.

This can push the price up, just as it can crash it...

Regardless of what happens, hold long and strong, we can make big bucks here with these and the other coming marijuana coins.

Please allow time for this trade to develop.

Namaste.
Comment: We are on the move.

Over 20% profits since starting this trade. Enjoy!

Here is the 4 hours chart:

We need to close above 1326 satoshis on the daily time frame in order to get this trade going. So a little more momentum is needed for HempCoin to take off.
Comment: I am setting some sell orders on the higher targets, just in case. When these marijuana coins take off they normally do it in big strong bursts.
Comment: HempCoin (THC) coming event:

- HempCoin (THC) - Masternodes (30 June or earlier).
Trade active: HempCoin (THC) another target reached.



Enjoy the profits!

THC Targets:

(1) 0.00001218 * Target reached on 16-April *
(2) 0.00001534 * Target reached @1500 on 5-May *
(3) 0.00002046 * Next target *
(4) 0.00002410
(5) 0.00002874
Comment: Over 50% profits just for reaching our second target.

That's why you always read me writing "easy money".

With patience it can be really easy. We just buy and later sell on target. You can also buy back 15-20% lower to accumulate more coins and even make more money on the next target.

That's all.

Enjoy the profits.

Namaste.
Trade active: For THC we are in profits.

We also now have the chance to buy in (new traders / late comers), rebuy and reload.

HempCoin is trying to move right now:
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Related Ideas

any update? @alanmasters
Reply
@kubrador, Done!
Reply
it looks impossible to go down after now for short term
Reply
alanmasters risingstar90
@risingstar90, Feel free to rebuy and reload now.
+1 Reply
Thanks a lot for the likes, shares, follow and comments.

Your support is always highly appreciated.

Namaste.
+1 Reply
I'm still waiting for your previous hempcoin analysis 2 months ago to come to fruition...lol! You're just recycling the same analysis on the same coins based on bearish and bullish trends Alan! You know you can't apply the same methodologies with cryptocurriences as you do with stocks and bonds, but your followers are too damn blind and stupid to realize that! All someone has to do is pay attention, keep their ear to the gro und of the crypto market and learn a little TA on their own like me and they could make their own decisions about their investments. You're coming out with all these TA's now that the market is recovering?? Wow! How genius of You!
Reply
@clesshawn, did someone lose money on bad decisions and is looking for someone to blame? uh oh, better go to bitmex quick to make up for the losses
+2 Reply
clesshawn Pfeffernase
@Pfeffernase, I really don't know what the hell you're talking about! If you read my post in totality instead of selective reading, you'll see that I encourage people to pay close attention to the crypto market and learn TA on their own instead of listening to a stock expert trying to apply stock methodologies to crypto and who also engages in pumping some of these worthless coins, they'll have a bit more confidence in their own decisions! There's always a chance that a long long hold on a worthless coin will result in that coin increasing in some value, but I don't consider that expert advice!
A
+1 Reply
@clesshawn, u sound dumb sry
Reply
@clesshawn, let me make a "guess".. u started in december bullrun and now u think ur an expert.. we all have/had to go through this. now stop commenting
Reply
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