zacharyd3

THC has successfully broken out!

BITTREX:THCBTC   HempCoin / Bitcoin
I've been charting THC             for quite a while now. Granted I started with nothing and taught myself almost everything I know from studying and learning from others. Nevertheless, it seems we have finally broken out of this downtrend.

Now that BTC             has somewhat stabilized, THC             has risen slightly back to where we once were. We saw a massive drop from out max of about $0.70 to the current price at about $0.16. However, the team has a ton going on in the backend. I know we still have a lot to make up for but we are trying to do our best and bring this coin to the forefront of the industry!

This week alone we are going to be appointing community ambassadors so we can help ensure that if any users have questions, that we will have the answer, and it wont matter where you ask, you should be getting the same answer (or close) along the board.

Placing members in positions like this are in hopes of improving the coins image and also ensuring that we keep the coin clear of pump&dump groups while also fighting to make sure that we are not surviving on rumors, we have lots to offer and want the community to see that, however it all takes time.

Also, in case anyone is not aware, recently (Feb 1st.) I was added to the official development team of @thehempcoin as the community manager. Obviously this makes me quite biased towards the coin, but I try my best to keep this clear of any bias, and only point out the trends I see.

I hope everyone still does their research, but hopefully we can see you as investors soon :) Have a great day!
Comment: I know this is fast for an update, but it looks like $THCBTC has continued on the trend and been rising almost perfectly in sync with it. I've mentioned elsewhere, but BTC has in fact risen (roughly 6% over the past 24hrs), which is great. However, $THC has gone up 4x that (24%) in the same 24hrs, meaning we are pulling away from BTC and it isn't just BTC contributing to this rise.

Comment: Still looking good, starting to slowly level out and looking like it might even breakout again in a bit. The orange lines are the long term pennant we have been forming and may end up breaking out of soon, the red lines are 1. A previous breakout based on the support we had, and 2. the current trend, which also looks to be approaching a breakout later today if all goes well.

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