HEDG/BTC (Testing Previous Resistance, Major Support?)BITTREX: HEDGBTC
-HedgeTrade is trading at the previous resistance area
-This zone is also a descending trendline of support
-If HEDG can hold this area for a couple of days like 5-7 candles
-There is a big chance this will flip into new support
-And see an upside correction to test the upper previous support
-The stop loss is below green support, this is a good risk to reward ratio
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HEDGBTC
HEDG/BTC (Testing 0.786 Fib Support, Potential Big Bounce?)HEDG/BTC
-HedgeTrade just had a strong pump last 1st of August
-The price increased by over 100% gains
-This time around, its value started giving back those previous gains
-But it is part of the market cycle, taking profits from the top is normal
-Looking at the technical side, It is currently testing the 0.768 Fib level of support
-And previous minor consolidation last 29 of July - August 1 trading action
-This is actually a good rebuy zone if you are positioning for a swing trade idea
-Buying a key area of support is the best option right now
-Also, since the dump last June 8, the volume started increasing
-This is a potential sign of some whales or group of traders
-Are buying every dip the price make to start scaling in for midterm Bullish ideas
-I'm not saying 99% the price will go straight to the moon within months
-But only stating the potential upside scenario by on the technical side
-As I'm always been repeating myself, follow your trading plan and use proper risk management
-Fundamental view analysis
-HedgeTrade partnered with TRON and we all know this is a big project in crypto space
-Both companies are exploring the potential benefits of DeFi
-This is big news in the upcoming future developments
HedgeTrade (HEDG) - June 5Hello?
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HEDG rose again to the box section, 0.00025199~0.00028900.
It rose with support at the 0.00022200 point.
In order to continue the upward trend, we need to get support at 0.00019999.
It is necessary to check whether to make sideways in the box section 0.00025199~0.00028900 or to break through to create a new wave.
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** Check support, resistance and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee profit or loss on investment.
Description of abbreviations shown in chart
R: A resistance point or section where a countermeasure is needed to preserve revenue.
S-L: Stop-Loss point or section
S: A point or section that can be purchased for profit generation as a support point or section
HedgeTrade (HEDG) - May 21Hello?
Dear Traders, Nice to meet you.
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It fell from the box section (1) and is now near the 0.00022200 point.
You need to make sure you can get support at the 0.00019999 point, which you absolutely need to get support from.
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** Check support, resistance and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee profit or loss on investment.
Description of abbreviations shown in chart
R: A resistance point or section where a countermeasure is needed to preserve revenue.
S-L: Stop-Loss point or section
S: A point or section that can be purchased for profit generation as a support point or section
HedgeTrade (HEDG) - May 8Hello?
Dear Traders, Nice to meet you.
"Like" is a great power for me.
We will try to reciprocate with better information.
By "following" you can always get new information quickly.
Thank you for always supporting.
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Bitcoin Halving has about 5 days left.
It is expected that this week will be flown to decorate the finale of Bitcoin Halving.
After renewing New High, it fell below 0.00025199, the lower point of the formed box section.
You need to make sure you can get support at the 0.00024319 point that you must keep.
If you fall from 0.00024319, you are likely to touch the 0.00019999 key point.
If it falls from 0.00019999, I think it will enter the mid- to long-term investment area.
Therefore, we believe that careful trading is necessary.
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Rather than deciding to which point it will rise, I hope now that I can decide where to keep the profits and losses, and close the upward trend with good results.
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See support, resistance, and abbreviation points.
Support or resistance is based on the closing price on the 1D chart.
Description of abbreviations shown in chart
R: A resistance point or section where a response is needed to preserve revenue
S-L: Stop-Loss point or section
S: A point or section that can be purchased for profit generation as a support point or section
HedgeTrade (HEDG) - April 12Hi?
Dear Traders, Nice to meet you.
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Since it fell at the 0.00025199 point, it should be considered as a downward trend.
The BTC's influence may make a sharp rise and rise above the 0.00025199 point, but I think this is the time to sell, not the time to buy.
It's not yet known how far it will go, but the 0.00019999 point is a very important point and must be supported.
If you don't get support at this point, I think you are very likely to enter the long-term investment sector.
BTC is expected to show a new trend starting tomorrow.
I hope this flow is rising, and I hope HEDG can also rise with that flow.
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I think the current situation is not good enough to understand the overall flow of the coin market.
Accordingly, it is time to focus on selling rather than buying to preserve profits.
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Description of abbreviations shown in chart
R: Resistance point or section, where a counter is needed to preserve revenue
S-L: Stop-Loss point or section
S: A point or section that can be purchased for profit generation as a support point or section
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"Like" is a great power for me.
We will try to reciprocate with better information.
Thank you for always supporting.
HedgeTrade (HEDG) - April 4You must be supported at 0.00025199.
The 0.00025199 point is the lower point of the 0.00025199 ~ 0.00028900 box section.
Since it fell below 50 EMA, it is likely to fall below the 0.00025199 point.
You must be supported at 0.00024319.
The next major point is 0.00019999.
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I think it is a good idea to stop trading and watch the trend during the period of large fluctuations from April 3rd (2nd to 4th).
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