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...
We saw a few "breakouts" as recovery from the BTC crash these past few days but it looks like it might be setting up again for another one. These are somewhat small but all this slow rising is great considering the dev is putting out more updates soon after the miami BTC conference and then rebranding on the 26th this month.
Over the past few days THC has seen a pretty constant drop thanks to BTC. However, it seems to have found its footing at about 2100sats and looks like it might even be setting up to breakout really soon. Continue to hold and watch it go, or if its within your means grab some more while you can while it is cheap! However, never invest what you cannot afford to...
Over the past few days, #THC seems to have fallen pretty drastically, this is mainly due to three reasons.
1. The Pump and Dump groups that had been sitting on #THC for a while had decided that when the new is announced on the 26th, that would be their dump day. You can even see it starting to drop earlier on in the day from P&D guys selling early.
2. The team...
After the dump from the news coming out last night it looks like we may have hit our resistance right around the 2780-2800 mark and could be looking to breakout later this afternoon. Hopefully we see some more updates or good news and im sure we can push this resistance back up!
Definintely a coin to watch in the next few months with the upcoming fork! I have...
After the huge drop we saw in BTC a lot of people panicked and sold, however, if you were smart you bought some more at the discount! We already saw a breakout earlier (before I was awake, ha!) and it looks like we might see another later today! This coin has some really great stuff coming soon and everyone is getting in early to take advantage of the pump when...
If I'm reading this chart right it looks like THC could be poised for another breakout later today. The BTC Crash hit THC pretty hard but it ususally seems to jump back up mighty fast. If so, we might even see it rebound back upwards sometime later today/tommorow for a quick profit. Buy in now and just wait for the rise.
There is also plenty of good news coming...
Thanks to the recent drop in BTC pricing THC seems to be forming a cup and handle. If so, we can expect to see a nice rise later today/tommorow. Sounds like it might be a profitable weekend if you manage to get in now while its low!
I was just practising with some different methods and quite a few signs point to an ever greater rise later today possibly. My best suggestion would be either try to very quickly scoop some more up, or just sit and hodl what you've got and watch it fly :D Best of luck to everyone!
Looking at the trading in the past week or so with THC, it seems to be forming a cup and handle which could be ready to breakout anytime. Couple this with the legalization that is happening in california tommorow and this is a pretty wicked looking coin! #crypto $THC
Looking at the steady upward trend over the past 6-7 days and seeing where its trending currently, it looks like THC might breakout tonight, or maybe tommorow morning even.
