Humaniq (HMQBTC) is looking really bullish, printing 3 full green candles and now on the fourth one today... Here is a trade for you to enjoy... Feel free to hit like to show your support.
(This thing is moving as I am writing...)
Trade: Humaniq (HMQBTC)
Buy: 150 - 165
Next support: 110 - 130
HMQ has been in a very long correctional moment both in the short and long term time frames. It seems it is in its deepest position now and trying to raise up once again. As you can see in the below 1D chart and in the main chart above HMQ formed a sharp falling wedge and trying to breakout.
RSI is at 61 for now and volume...
Humaniq (HMQBTC) is now in a falling wedge, when it breaks out, it will generate massive profits.
- You can find all levels/targets on the chart.
- Green line at the bottom is support.
- MACD bullish divergence.
- RSI oversold.
Our last HMQBTC trade generated 600%+ profits.
You can see it here:...
HMQ was in a downward move since May. And currently at the point where its ATL was in Dec, 2017. By the past 3 days a good amount of volume was poured in and a good sign of an upward reversal pattern is in creation. If it can close above the falling wedge resistance line at around 990 there will be a possibility of an upward elliotwaves creation too. RSI looking...
Technical analysis shows that the coin has cyclical XABCD + Cup&Handle formations. The price is at its bottom and according to ADX, PPO it is going to bounce again soon. However Stoch RSI and MACD signal that there should be a consolidation before bulls run
The signal is already in the Premium channel
Black - 1 day resistance
Orange - 4 Hour resistance
Red - 30 min resistance
Blue - 1 day support
Green - 30 min
Siyah - 1 günlük direnc
Turuncu - 4 saatlik direnc
Kirmizi - 30 dakikalik direnc
Mavi - 1 günlük destek
Yesil - 30 dakikalik destek
HMQBTC formed higher low after bouncing off strong support. Will need to form a higher high to have more certainly of trend reversal. RSIs and MACD look bullish in the 4H. Entering after breaking out of current price consolidation would make this a low risk/high profit trade.
The price has overcome Fib 0.382 resistance and is on it's way to form Cup&Handle pattern. Stoch RSI indicates overbought state, wait till the price consolidates a bit and buy for a short term trade.
Alternative scenario is Double Bottom formation but this will only increase timeframe of the signal. Fundamentals are good and the most of indicators (Bull Bear...