Price Down 40%, Time for a Bounce on HORDExpecting big things, price was being suppressed in the 165 to 175 area by aggressive selling. Expecting a huge bounce on this at least to that area and probably a 50% retracement into the distance from high to what the bottom will be/is.
Hord
10-15%, Maybe moreExpecting 10-15%, If willing to hold longer, taking profits at the dotted and dashed white lines
HORD potential to increase 130%- 300%#HORDUSDT
$HORD near to break out from descending resistance line.
break out from descending resistance and then ascending one that is the same with the upper zone of resistance zone can head up price toward $0.45 (135%)
breaking this price can lead it to touch $0.65 and $0.79 (300%)
break down from ascending support can drop price to $0.14.
HORD struggle to break out#HORDUSDT
$HORD needs to break the resistance zone and close above it ( at least close above $0.236)
keep eye on it and buy after break out.
HORDUSDTPotential targets are shown. Close outside of the triangle is considered confirmation.
Not financial advice.
HORD looking good. HORD up for continuation. Sitting at 0.5 retracement. Good FA to back it up.
Kucoin.
HORD, another one to keep an eye onThis crypto is a bit more speculative than I usually prefer. However, I do want to keep an eye on it because the use case does seem pretty cool and the marketing behind it is strong. Additionally, they came out with some more bullish news today that they will be offering sector specific ETFs on their platform in the future. I think this is a cool idea for people who do not have a whole lot of time to do research on specific projects but want to invest generally in one of crypto's many sectors.
As for the actually TA there seems to an increase in the momentum as shown in the RSI. However the MACD is not looking as hot. The support holding is probably the most bullish indication for HORD.
Overall, I'm not really looking to jump into this yet, but it is one to keep on the radar.
If it does breakout though, and past its local high, doesn't have any other resistance to the left.
HORDUSDTAssumption:
For right-angle triangles, I like the horizontal line to touch in at least two places perfectly (as you can see in this example). The closer the lines are, in terms of the value, the greater the validity of the triangle.
To increase the validity, touches need to come one after another. For example: top, bottom, top, bottom, decision. Many times, the decision is made off of the middle of the Bollinger bands.
Prediction:
In this case, I'm happy with the touches on the horizontal line, as well as the sequence of line touches (the same as the example described above). Smaller triangles on this small keep have repeatedly led to 4th extension fib targets. Therefore, I am predicting the same here; target = $1.89
Disclosure:
This post is purely for educational purposes and is not intended as financial advice, I am not a financial advisor.
HORD LONGCoin: HORD
Bias: BUY
FILTER Time Frame: DAILY, H1
Hord token on a bullish move
S1, S2, & S3 are key support level for long entry n take profit.
HORD token to .56 cents (Short term) As we can see here, we are just getting started. I also think this is a bottom for the coin. We are finding support around the .28 cent range, with very low volume. I think once bitcoin and ether pick back up out of the red we are going to see this coin really take off. I believe our first target will be an easy 56 cents followed by 1.56 all the way up to 9$ and beyond depending on how well the app does once released. Anyways, sorry for the shitty brush skills lol , Also I dont publish all that I take into consideration with a coin when I'm charting such as MACD , Fib, RSI, Supply and Demand, Elliot wave oscillator, ssl channels, diffrent time tables, etc , etc but this coin has some good metrics for only 24 hours out the gate.. lets see where it takes us.
