HyperCash (HCBTC) Double Bullish Bottom (105% PP)
HyperCash broke EMA10 with strength just 4 days ago and it is now challenging EMA50 (magenta line on chart).
If HyperCash can manage to close and remain above EMA50, it will move to hit several important resistance levels next, with 0.000295 being where the strong resistance will be met next.
We have good volume and momentum supporting this move.
The "X" on the chart is our next support, where HCBTC price bounced twice, creating a double bottom before moving up.
If this line is broken, you can expect HCBTC to go low.
Here you have the price action for HCBTC described in simple terms. You can use this information to trade.
Thanks a lot for reading.
Namaste.
If HyperCash can manage to close and remain above EMA50, it will move to hit several important resistance levels next, with 0.000295 being where the strong resistance will be met next.
We have good volume and momentum supporting this move.
The "X" on the chart is our next support, where HCBTC price bounced twice, creating a double bottom before moving up.
If this line is broken, you can expect HCBTC to go low.
Here you have the price action for HCBTC described in simple terms. You can use this information to trade.
Thanks a lot for reading.
Namaste.
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