HC (HyperCash) Bottomed Out...!!HC (HyperCash)
- In Daily Timeframe , Falling Wedge Breakout Done.
- Indicators Are Turning Bullish (MACD & RSI Both Looks Bullish)
- MACD & RSI Bullish Divergence As Well In Daily Chart..
- Need Some Crispy Volume For Healthy Uptrend.
If You Want to Take Entry then Better to Wait For Retest..!!
Buy Around 1880 - 1940 Sats
Sell Targets 2600 - 3600 Sats
Stop Loss Below 1750
Midterm Profit Potential : 106%
Capital Allocation : 5-10%
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Hcash
HyperCashHCBTC
Light coin, not so long listed on Binance. With the falling wedge pattern, oversold and has bullish divergence. Till 3% of your trading capital can go for this deal with small stop lose.
Hyper Cash Price Showing a Triple Bottom?Hcash price went up over 40% today on TOPBTC. I suspect the recent token swap is the cause for the price rise. However, I would also be careful because the price rise is only showing on TOPBTC and Bithumb. Until Binance shows the price rise I would just stay on the sidelines and watch the market.
Looking at the Binance HC/BTC market we are seeing a triple bottom, whether that will materialize into a breakout is a matter of time.
Hcash | Hshare VS BitcionThe Hshare coin has found the support at 910 satoshis, which is 78.6% Fibonacci. The support has been rejected, along with the uptrend trendline. The high highs, higher lows pattern remains valid, and combined with the rejection of the support, current price action suggests growth.
The resistance is seen at 3225 satoshis, that is 127.2% Fibonacci retracement level. It clearly corresponds to the previous support and resistance areas formed back in 2017.
Further downtrend at this stage seems to be unlikely, nevertheless, daily break and close below 910 satoshis could push price down to 600 satoshis are to form a double bottom.
HSHARE: NEW DEVELOPMENTS - PROFIT = 30.78% !!!Our "Crypto Scalper" Trade Signal has correctly identified a buy in point on the 1st of May 2018.
Using this buy in point and selling at today's price, you would have expected to net 30.78% PROFIT!!!
The increase in price may also be explained by positive developments including:
March 2: Hcash releases their RC1 Public Testnet.
March 15: Hcash releases the alpha version of the Hx GUI wallet.
March 23: Hcash announces distribution of Hcash tokens.
March 26: Hong Kong Polytechnic University opens up a research lab focusing on implementing developments to the Hascash network and the Blockchain ecosystem.
April 24: Hcash extends links in South Korea with: Korean language support for the mobile wallet has been launched, new offices and a Korean support team are being established, discussions regarding partnerships and listings.
April 24: Monash University develops a lattice-based (post-quantum secure) linkable ring signature scheme, and the resulting Ring Confidential Transaction (RingCT) protocol for use by Hcash.
April 24: Hcash provides update to aairdrop stating that UBTC airdrops will occur mobile wallet users with snapshots being taken on the 1st day of each month to provide eligibility for Hcash.
April 24: Hcash recruits 2 researchers from Hong Kong Polytechnic Research Laboratory to work on the following:
1. Cross-Chain Transactions
2. Privacy-Preserving Cryptographic Techniques
This has the potential to be much faster than the current system in ZCash.
May 3: Bithumb (Korea's number 1 cryptocurrency exchange) listis H.cash.
The increase in price is believed to have been driven by Hcash's listing on Bithumb.
HSR(HCASH)/BTC Long-Term PredictionNote: Amateur/rookie opinion.
Another good project with long-term hold potential.
Fundamentals:
-Decentralised and open-source platform used for value exchange and Internet-of-Things (IoTs).
-Block (most tokens) and blockless (think DAGs, IOTA and NANO) technology
-Uses POS/POW hybrid for transaction verification (like DCR), currently cheap and fast
-User-friendly and well designed UI for wallet (obviously room for improvement, but good so far). Personally used their Android mobile wallet, easy for public to "mine"/stake tokens.
-Professional team from Australia + Singapore (own academic research team)
-Rebranded with exchange/replacement of Hshare with Hcash tokens end of February
-Soon to be quantum resistant within this week or following weeks updates
Added note:
Hshare max supply of 84 million tokens just like LTC (current price +- 220 USD, food for thought)
Technicals:
Currently undergone/going 5 wave correction, current USD price is less than x4 lower than what it was (Aug and Dec 2017 compared to present). USD chart (not shown) displays potential cup and handle pattern. Hshare/BTC value x9-x10 lower than previous ATH in Aug 2017
Sellers running out based on volume. Descending wedge pattern for Hshare/BTC could indicate the beginning of bullish sentiment and long-term reversal. Weekly MACD (not shown) shows potential bullish price movement.
Long-term price prediction in USD terms $24-$40+ (depending on BTC/USD price rise)
My opinion: Good long-term hold.
Great Buy Opportunity 20% easy gainsPerfect buy opportunity with good buy signals for MACD and RSI. Time to get in.
Targets :
Target 1 : 1300
Target 2: 1540
Target 3 : 1800
Target 4 : 2100
Please use risk management, do not invest more than 10% of your portfolio on any trade.
Good luck!
HSR/BTC on Binance - main chain production mode in JanuaryHey Guys,
just another idea from HSRBTC on Binance.
HSR is going to launch the Main chain in production mode on 31th January as latest.
At 15th February theyre going to launch the HCash Main Chain.
The CEO will speak at the Bitcoin Conference as one of the main KeyNote Speaker if my informations are correct.
So this is a fully driven by the news as catalysts.
Lets see how this plays out.
Good luck to us.
HShare technicals lining up for a RISEHshare has been consolidating nicely for 5 months now. It's been on a downtrend yet it looks like that's coming to an end shortly.
The volume has been building for at least 2 weeks which indicates some people know more than we do. We trust the smart money.
* To be honest I don't fully believe in the fundamentals of this coin so its a short term hold purely based on technicals
We've also got the
- MA 88 beginning to rise and I could see it pushing through the MA 188 very soon.
This is NOT a buy right now but I'm thinking in a few days we will see a breakout and run up!
