HPB/BTC - The easiest 100x potential coin for 2022?High Performance Blockchain is an old and forgotten coin from 2017. 99% of the community has already capitulated. Nonetheless, the project surprisingly actually lives up to its name.
With extremely low fees (as low as $0.000000001 per transaction), an extremely high number of TPS, NFTs being minted almost for free, DEXs being built on the blockchain and the community considering to rebrand the project and bring it back to life, High Performance Blockchain already has everything it needs to become a top 50 project. The only thing it's missing right now is a large, active community (since the old community has capitulated) and exposure / hype / marketing / brand awareness, which I hope to see in the future after we have rebranded and draw in a whole new crowd.
As far as technical analysis goes, it is difficult to say whether we have already bottomed out at 200 sats or if we have yet to make a new all time low in sats as Bitcoin begins to recover and eventually hits new highs. HPB has one of the most rekt charts in all of crypto, with its ATH at 80k sats and its ATL at 200 sats.
This is a very high risk / high reward coin to trade because not only has it been in a steady downtrend for years, it is also extremely illiquid, meaning it is important to use the right strategy. In this case, the right strategy is to start Dollar Cost Averaging (DCA) down from 400 sats and under, and aim to hold it for the long-term. So buy a little bit under 400 sats, and then just wait and see for a while. If it gets to around 300 sats or under, put in some serious money. After that if it still keeps on dropping, wait for it to make a new ATL in sats before buying any more.
The potential gains on this one are absolutely ridiculous if it manages to revive like SNX, BQX and AAVE did. As you can see, even 100x or more against Bitcoin isn't all that spectacular since the chart is so rekt.
In the case that we get a big random pump, the first target is around 2500 sats, after that ~8000 sats. If the project actually revives like I think it eventually will, targets are set at 20k sats +.
So yeah, don't FOMO into this one. Start off with a very small bag and slowly DCA over the next few months. Then sit back and hold it for the next year or so to possibly get 100x returns or more.
Good luck to you all and fingers crossed that HPB manages to rise from the ashes like many others have already done!
HPBBTC
$HPB - Another breakout from symmetrical triangle with 100% moveThis is an interesting chart in that my previous chart for HPB spoke about a breakout from the symmetrical triangle with a measured move to 3100. That's exactly what happened a few days later.
Now we have the same support line as before but a second symmetrical triangle with a measured move to around the 4500 Sat level.
Long term HODL HPBI have posted a chart for shorter time frames. All targets have been hit in a day with what we call a HUGE burst of uptrend.
This is a clear bullish trend reversal signal, as EMA's are crossing for the very first time on the daily chart, and we are now officially in a BULL mode.
Bull markets are different to trade than bear markets.
In a bear market:
- You take profits on every pump
In a bull market:
- You hold
- You buy the dips
- You can sell a bit around those resistance areas for a scalp (but it comes at a risk with an irrational bull market)
Those are very simple rules. We are looking at huge gains here with HPB, especially that the fundamentals are now stronger than ever, and marketing is ramping up.
You can check Bitboy's video on HPB for a comprehensive FA list :
www.youtube.com
$HPB A Possible 500% price movement from hereHPB is moving nicely from the breakout and moving toward the 3100 level.
What happens when it reaches 3100?
I expect it will get a slight pullback from there before bursting through the 3100 level and it's clear skies all the way to 13000 satoshi from there, which is a 500% increase from todays price.
I am putting a conservative timeframe for this to happen for the end of 2020.
HPB is making moves again and working on their product so it's not just a TA play is an FA play as well.
$HPB - A potential breakout of symmetrical triangle (100%+)Looks like $HPB could breakout to the upside out of this symmetrical triangle pattern.
This could see a 100%+ move above 3100 Satoshi.
