HTR IS GOING FOR ANOTHER RUNAs we can see with this chart right here, this hopefully will act as a good support, it's on the 4h 200EMA, 1h 100EMA, good support line. A lot of good news will come out in the upcoming weeks, so I believe it's one of the best coins to accumulate. Nano contracts, feeless transactions, hathor swap...... This price is a steal
Hathor
HTR to bounce from its 0.618 fib levelA fundamentally strong coin, hathor(HTR) has always had retracements to 0.618 fib levels in its previous highs.
The 0.618 level (1.21$) is probably the strongest support for HTR right now. If we break that further retracement to 0.5 fib level is possible.
The next move for hathor is possibly to 2.9$ (the 1.618 fib) .
IM NOT A FINANCIAL ADVISOR AND THIS IS NOT FINANCIAL ADVICE.
Please trade at your own discretion, have your stop losses .
🆓Hathor/USDT Analysis (4/3) #HTR $HTRHTR is recovering and it is heading to 0.8$ and 1$ zone to retest, if it conquers these zones successfully, we will see it at 1.5$ zone.
But there is a small risk that the recent 12H candlestick is a Hammer pattern, but its volume is not high, just a small buying force it will pump as our plan
📈BUY
-Buy: 0.64-0.67$. SL if B
-Buy: 0.80-0.84$ if A. SL if B
📉SELL
-Sell: 0.80-0.84$. SL if A
-Sell: 0.98-1.02$. SL if A
-Sell: 1.45-1.50$. SL if A
♻️BACK-UP
-Sell: 0.64-0.67$ if B. SL if A
-Buy: 0.44-0.46$. SL if B
❓Details
Condition A : "If 12H candle closes ABOVE this zone"
Condition B : "If 12H candle closes BELOW this zone"
HTRUSD: Possibly 10X gains coming upHi folks,
I hope you are doing well.
After a super long consolidation since the launch on 4th January, it appears that HTR is primed to make a major move and enter price discovery in the coming weeks.
Taking into consideration the amount of shilling that is going on this project recently it is only a matter of time that we witness a strong FOMO into HTR.
Please do your research on this, Hathor is a complete blockchain with all the shiny bells and whistles (Scalability, easy to use, nano contracts, zero fees, atomic swaps, side DAGs, Custom tokens).
hathor.network
One of the most anticipated is their HathorSwap DEX(I don't know when), Metamask like wallet for their network(Due soon and again don't know exactly when); the company is super bad with their marketing.
But their tech is super cool, with high throughput and zero fees DEX looks super useful as most retailers are held back at the moment due to insane GAS fees on the ETH network for traders.
The increasing volume since the last few weeks is a clear indication that investors are interested in this project.
With only 45M market cap at this time, it has a good potential and we might actually see this project in the top 20s soon.
Technically,
It has bottomed at around (16 - 19 cents) thrice and has tested the falling resistance multiple times.
The price to watch out now is around 25 to 28 cents for this to start an upward momentum.
This project could easily give 10X returns in the next coming months.
Even with 10X at $2.5 per HTR, we will still be at a 452 M market cap. (Circulating supply: 180,833,876) much much lesser than most of the other projects in the top 20.
Well, I will leave you there guys.
I strongly recommend doing your own research on this one could turn out to be something extraordinary.
My entry has been twice once at 0.24 and again at 0.18 averaging at maybe around 0.21.
I will be holding up until $2 before I consider taking profits. (Again depending on the market conditions then).
_______________________________
As always not investment advice, just my opinions considering the technical patterns and market conditions.
Please DYOR.
I will just leave my Binance and KuCoin referral links below.
If someone is opening new account on either one of them.
www.binance.com
www.kucoin.com
Thanks for your time.
Stay safe, sleep well, eat well.
Happy trading.