Updated

HempCoin (THC) Bullish Breakout + Probable Reversal

This is my first posted chart analysis so I am just learning.. I did well with THC last year and I think now would be a good time to enter. HempCoin (THC) has been in downtrend for quite a while and has recently broken out of a bearish channel with bottom support at 97% retrace from previous highs which began climbing late last year. Their twitter page states there will be a new exchange listing by the 9/20/18. I am expecting 545 satoshi by tomorrow morning EST, and at least 600 satoshi by end of day 9/20/18. This could be the start of a strong short-term uptrend as well as a longer term uptrend. With possible federal legalization for industrial hemp on the horizon, this could create a platform for coin integration, as this coin focuses on hemp farming/sales related transactions, as opposed to other cannabis coins focuses more on purchasing at dispensaries.

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The order book is looking very good right now. 545 satoshi not reached this morning but I think it will be coming very soon. Ask price @ 540 on Bittrex and should continue higher.

Note

545 target reached, looking for 700 now by the end of Thursday ..

Note

If we hit 615 today (I think so), next target will be 753 for tomorrow...

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