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THC

THC - HEMPCOIN - Inverted H&S - Triangle as seen on the chartHello Trading Maniacs! As you can see on the shart, THC is forming an inverted head and shoulders. By now, you know what this means! Prepare for minor wave 3 to the upside. Also, this triangle pattern shows bullish continuation. ADX is not strong but we go there as we climb. No stress bagholders ;) The 50 fib kept the price and we saw a fairly strong correction, wich could lead to a weaker, sideways correction of wave 4. I keep you posted! Dont do drugs Tomasso
Long
by WhatsThatCrypTom
5
THC has successfully broken out!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 $0.70 to the current price at about $0.16. However, the team has a ton going on in the backend. I know we still have a lot to make up for but we are trying to do our best and bring this coin to the forefront of the industry! This week alone we are going to be appointing community ambassadors so we can help ensure that if any users have questions, that we will have the answer, and it wont matter where you ask, you should be getting the same answer (or close) along the board. Placing members in positions like this are in hopes of improving the coins image and also ensuring that we keep the coin clear of pump&dump groups while also fighting to make sure that we are not surviving on rumors, we have lots to offer and want the community to see that, however it all takes time. Also, in case anyone is not aware, recently (Feb 1st.) I was added to the official development team of @thehempcoin as the community manager. Obviously this makes me quite biased towards the coin, but I try my best to keep this clear of any bias, and only point out the trends I see. I hope everyone still does their research, but hopefully we can see you as investors soon :) Have a great day!
by zacharyd3
THC/BTC Trend Prediction (4HR Chart) - Hold for Hard ForkLet's have a quick update on HempCoin(THC/BTC). THC did not make any strong bullrun despite they had their whitepaper released, rebranded, and new website. And it broke the uptrend drawn from Dec-18, with a sharp push to current trading level 2000. Now we are sitting at the support line drawn from Dec-2. I m still positive on THC trend ahead of hard fork(Feb-23), the chart also indicate THC will decide the movement at around Feb-22. It need to go up a little bit to 2200 to continue the bull run. If we broke the uptrend, we may stay at 1700 level for a while, and go straight to 1000. Trade Suggestion 1: Buy when THC crosses 2200. Trade Suggestion 2: Buy when THC crosses 2500. Target: 2400 2500 2900 3100 3500 3700 3900 Stop loss: 1750 Good Luck.
by hendric886
THC looking to be finding its supportOver 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 put out 3 announcements, the first being their 2018 roadmap, the second was some more information about their masternodes and the last being the official fork date of Feb, 23rd. People saw this as missing a deadline when really, it was the team doing the right thing and admitting they needed more time and didn't want to underdeliver. 3. BTC had another drop in pricing, causing people to panic and sell their #THC before doing their research and finding out exactly what was going on. All these events, coupled together has brought THC to a price that we haven't seen in quite a while. However, we can't forget, the team is still going to release their whitepaper and their new website soon, and these should both be providing a bit more support and even a slight boost. Currently, #THC is still looking to be in a bit of a downward trend, however, it does seem to be gaining resistance and support slowly. I'd say it will probably continue to fall a bit more, or possibly stabilize where we are. If so, even buying in now should reap some pretty massive rewards in the long run. #Hempcoin has been a great way to quickly increase your profits, however, with all the news and plans the team has for 2018, I don't doubt #THC will become much more of a long-term hold!
Long
by zacharyd3
THC looking to rebound back up!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 also heard from the developers that they have already applied to some more exchanges so hopefully we can see a new listing soon too. This looks to be a good buy either way, if you want a short term smaller gain then jump in, otherwise just buy and hold and watch it explode!
by zacharyd3
2
THCBTCI'm doing this to a friend @MoneyRight! I've never heard of this cryptocurrency and I have no clue of its background. However I immediately saw this butterfly pattern. Yes, I know its numbers don't add up, but thats the way I think it'll go. This cypher is complete and after this rectangle consolidation phase, it will probably go up til 1/2 speedline. This speedline has already been broke twice at this pop triangles. My guts says that if it breaks again, the same pop triangle will form. So advise to sell at this point if it happens.
by krobolin
8
LONG Hempcoin (THC) - Short term trade (1-2 weeks)Rebranding, new website, whitepaper, partnership announcements and a hardfork coming at the end of the month! Looks good for a swingtrade Chart looks strong because it held .618 fib which came together with the 100dma on the daily, which is a point where a bulltrend often goes back up after it dipped (see on picture below). With other words: bulls often buy near the 100dma and especially if a uptrend corrected towards the .618 or .786 You should have bought at that point, but it's not to late yet, it may dip a bit before it will go back up. And oh, don't forget to take profits BEFORE the actual hardfork on January 31th. It's called 'buy the rumour, sell the news' but probably it will dip a few days till a few hours before the actual hardfork.
Long
by TomvanHek
THC looking to breakout already!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 all the updates come out on the 26th. If you've got money to invest, then you might as well toss some at BTCTHC and just watch it grow :D But alwasy remember, never invest more than you can lose, and you'll be golden.
Short
by zacharyd3
Upcoming THC BreakoutIf 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 from thier twitter, showing that they are hard at work to improve and update this coin with a rebrand and fork soon too! Since THC is only traded on bittrex, which has closed off registration. You can also look for a nice bump in pricing when bittrex is opened up or we are added to new exchanges, there have been many interested parties but due to the closure of bittrex registration all those who are waiting will pile in once they open which would be great news for the coin!
Short
by zacharyd3