Short Trade for THC - BTC

THC is still in descending channel and with the volatility of BTC & bad news from dev team, I expect it will go down a bit more to find its support then bounce back. The upcoming good news is hardfork in Q2, 2018 and they preparing for masternode.
- Daily Stoch RSI is in oversold, Price touched the lower band of BB, MACD is preparing for the cross above to confirm the up price.

Buy zone: 950 - 750 (using DCA)

TP: 1250 - 1550
+ TP1: 1300
+ TP2: 1400
+ TP3: 1500

***Just my thought, mind your own trade***

Comment:

THC is going slowly to our buy zone. However, I saw the divergence in 4H candle chart but 1D chart is still weak for the reversal of price. Let see if price can break out the resistance (red line) to be more firm about the reversal trend.
Not buying yet.

***Just my thought, mind your own trade***

Comment:

Wrong image above, lack of red line, sorry.
Divergence in MACD and RSI

Trade active:

Looking good, can enter now.
Take profit 10-20%
Stop loss: 5-10%
Be strict on capital management.

***Just my thought, mind your own trade***

Comment:

Add image and TP
TP1: 1300
TP2: 1400
TP3: 1500

Trade closed: stop reached