BUY 2850-2950 Stop Loss 2720(5%) Target 1 3200 Target 2 5800
HMQ has been testing resistance @ 1700-1800 sats multiple times. Trying to break thru long-term down-trend today. Indicators show there is some strength this time. The project, in my opinion, is undervalued.
Looking at HMQ for a possible breakout. Will update when breakout is confirmed.
Not much has changed from my previous HMQ chart. The only difference is that the price is currently at its lowest low, after having ranged at historical lows level for almost 40 days. A historical high peak in volume might be a sign of bear exhaustion. I believe that once BTC allow alts to breath a little, HMQ might be ready to move back up.
HMQ has a good bullish run. Bullish pennant performed, if it break out of confirmation line, we have 3 targets : 1- 2285 as bullish pennant predicting target. 2- 2866 3- 3668
holding on trendline good buy here