Watching THC: good news coming up

Updated

So we see making some sideward movement lately. Will be watching this closely because a lot of news is coming up. I got in on this one at 4150 sats and believe it can go to the moon in the upcoming months. Will do some more TA on it soon!

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Thanks zacharyd3:

"On the 26th they will be rebranding and be releasing more info regarding masternodes. As long as everything goes to plan we should see a nice rise! In addition we will be getting added to more exchanges soon hopefully and bring it up even further, considering right now we have been floating on existing bittrex accounts only, anyone who wants in has to wait so once bittrex opens up I'm thinking there might be a rise then too from all those who've been waiting!"

This was basically the news I was talking about. It is currently dancing on the fib 0.236 and I expect it to go up. However, we are still fine on this trade at the moment since the fib0 support is still intact.

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Even tho there is a dump going on we are remaining above support. Good for now! Let's continue on this one and wait for the good news the upcoming time.

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Let's see if it holds support. If it doesn't I am closing the trade.

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Seems to be holding..

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It dropped down below support but is now again above it continuing it's mission for uptrend in which it still is. I am just HODL'ing on to this one as we have great news to wait for from the THC team including a rebranding.

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With a hardfork and rebranding coming up and some nice new actual use-cases I am still bullish on The Hemp Coin. It's staying on top of our support at the moment. However, we need to keep an eye out obviously but that is why I am here.

Defibooker

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