THCBTC trade ideas
$thcbtc Long playElliot impulse counted perfectly in the trend with abcde and abc correction pattern to form after
also rsi is at a support
BITSTAMP:BTCUSD
also not stable at all
also remember to always check futures price of btc. and do analysis on it. because it is what manipulates the price of bitcoin CME:BTCF2018
powerful triple ema show signs of bullish uptrend
also ichimoku cloud just showed bullish as well
All Cannabis coins are booming and this one is no different - I have bought this one a while back and it is by far one of my best coins.
It is showing bullish momentum for a while and I think that it is going to be x7 times what it is today within just a few month. I would buy a bunch and forget about them. Cash them at least at mid 2018 and enjoy a nice profit.
Don't invest what you can't lose. Buy low sell high. Enjoy the ride.
THCBTC AnalysisHello folks,
Another analysis, let's give it a shot shall we!
THC is high in volume, which is why I believe analysis is possible, since there's a lot of eyes at it, which gives indicators more credibility (BITTREX's POV).
I've marked possible Buy/Sell/Stop-loss area's for you to create a trading strategy around. I'm just curious to see how it will unfold.
Seeming to go into a downtrend, yet I see bullish candlesticks; Hammer Candlesticks.
With the yellow lines I marked a possible convergence point, which - could - lead to a break-out at the crossing.
- Or -
It will go down further, creating a LH (Lower High) LL (Lower Low) downtrend, which would indicate it won't make a bounce back up, so either one is possible.
The support line is however right at the stop-loss line. If that is broken, I would take it as a selling point for your strategy, other wise I believe from there a new trend can be started.
Goodluck folk!!