HempCoin (THC) Trade Analysis: Over 500% Profits Potential
Updated
Here is another marijuana related altcoin. Earlier I shared a trade for PotCoin (POT), and mentioned the market dynamics that affects these marijuana coins. Just as PotCoin shot up in price, the same happened for HempCoin (THC), DopeCoin (DOPE) and CannabisCoin (CANN).
So all the same factors related to the growth and legalization of the marijuana industry throughout the world affects all these coins similarly... in a positive way. Take a look at the chart below, the orange circles is the same price from which we took off before...
- Look at how bullish all the indicators have become. The RSI shot up massively and the MACD is getting ready to take off.
- Soon 4/20, which is a marijuana news field day, plus many other factors.
- This is just the start... there is room for more, specially when you take into consideration how fast the marijuana industry is growing worldwide and needs a payment system that can be trusted... Cryptocurrencies can be really helpful.
- The potential is huge... This is a long term trade.
Now let's take a quick look at the weekly...
- This chart is very easy to read. Take a look at the last bull run. The price shot up massively for two weeks before running out of steam. Then comes the retrace.
- In the last 5 candles, you can see how the price bottomed out. The last 3 candles went flat and finally a strong green candle... the breakout which will be confirmed once trading week closes.
- The MACD and RSI are starting to curve only now and both show plenty of room for growth.
###HempCoin (THC) Trade by Alan Masters
Trade instructions
Buy-in: 0.00000800 - 0.00001000
Buy into this trade within the price range above.
Targets:
MID
(1) 0.00001218
(2) 0.00001534
(3) 0.00002046
(4) 0.00002410
(5) 0.00002874
LONG
(1) 0.00001689
(2) 0.00002360
(3) 0.00003444
(4) 0.00004216
(5) 0.00005200 (All time high)
###Message: It Is Ok To Be Strong
It is ok to be strong.
It is necessary to be great.
Live your life as you want.
Enjoyment is life itself.
...
Namaste.
So all the same factors related to the growth and legalization of the marijuana industry throughout the world affects all these coins similarly... in a positive way. Take a look at the chart below, the orange circles is the same price from which we took off before...
- Look at how bullish all the indicators have become. The RSI shot up massively and the MACD is getting ready to take off.
- Soon 4/20, which is a marijuana news field day, plus many other factors.
- This is just the start... there is room for more, specially when you take into consideration how fast the marijuana industry is growing worldwide and needs a payment system that can be trusted... Cryptocurrencies can be really helpful.
- The potential is huge... This is a long term trade.
Now let's take a quick look at the weekly...
- This chart is very easy to read. Take a look at the last bull run. The price shot up massively for two weeks before running out of steam. Then comes the retrace.
- In the last 5 candles, you can see how the price bottomed out. The last 3 candles went flat and finally a strong green candle... the breakout which will be confirmed once trading week closes.
- The MACD and RSI are starting to curve only now and both show plenty of room for growth.
###HempCoin (THC) Trade by Alan Masters
Trade instructions
Buy-in: 0.00000800 - 0.00001000
Buy into this trade within the price range above.
Targets:
MID
(1) 0.00001218
(2) 0.00001534
(3) 0.00002046
(4) 0.00002410
(5) 0.00002874
LONG
(1) 0.00001689
(2) 0.00002360
(3) 0.00003444
(4) 0.00004216
(5) 0.00005200 (All time high)
###Message: It Is Ok To Be Strong
It is ok to be strong.
It is necessary to be great.
Live your life as you want.
Enjoyment is life itself.
...
Namaste.
Trade active
Please allow time for this trade to develop.This will be a very nice and profitable ride.
All that is needed here to make money is to buy & hold. You later sell on target.
That's all.
Have a great weekend...
Namaste.
Trade active
HempCoin (THC) first target reached.Enjoy the profits!
Targets:
MID
(1) 0.00001218 * Target reached on 16-April *
(2) 0.00001534
(3) 0.00002046
(4) 0.00002410
(5) 0.00002874
Namaste.
Note
We are 20% above our buy-in recommendation. First target reached!Here is a general update on this marijuana coin:
Tomorrow is the 4/20... Cannabis news and events day.
This can have an effect on this and our other marijuana trades.
This can push the price up, just as it can crash it...
Regardless of what happens, hold long and strong, we can make big bucks here with these and the other coming marijuana coins.
Please allow time for this trade to develop.
Namaste.
Note
We are on the move.Over 20% profits since starting this trade. Enjoy!
Here is the 4 hours chart:
We need to close above 1326 satoshis on the daily time frame in order to get this trade going. So a little more momentum is needed for HempCoin to take off.
Note
I am setting some sell orders on the higher targets, just in case. When these marijuana coins take off they normally do it in big strong bursts.Note
HempCoin (THC) coming event:- HempCoin (THC) - Masternodes (30 June or earlier).
Trade active
HempCoin (THC) another target reached. Enjoy the profits!
THC Targets:
(1) 0.00001218 * Target reached on 16-April *
(2) 0.00001534 * Target reached 1500 on 5-May *
(3) 0.00002046 * Next target *
(4) 0.00002410
(5) 0.00002874
Note
Over 50% profits just for reaching our second target.That's why you always read me writing "easy money".
With patience it can be really easy. We just buy and later sell on target. You can also buy back 15-20% lower to accumulate more coins and even make more money on the next target.
That's all.
Enjoy the profits.
Namaste.
Trade active
For THC we are in profits.We also now have the chance to buy in (new traders / late comers), rebuy and reload.
HempCoin is trying to move right now:
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