Looking at past history for HyperCash, just 1.5 months ago, we can a similar situation to what we are seeing now...
So, be careful, this altcoin pair (HCBTC) can go much higher.
Let's take a look at the chart...
Notice the blue circle, this is what I call a "fake breakdown", I believe people call it a bear trap?, I don't know... The thing is that we see a break below support that is short-lived followed by a very strong bounce which leads to a new impulse move.
The last time this happened HyperCash (HCBTC) grew by as much as 320%...
All I am saying is that HyperCash can go much higher...
Remember to trade safely. Remember to use a stop-loss. Remember to diversify. Remember to have always a plan. Remember to breathe before taking action. Remember to LOVE!
Namaste.
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Moving higher... +14% so far.
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HCBTC reached up to 0.0003180 (0.786 fib. extension) from low of 0.0001767 and now started to retrace.
Total profits from the low to peak price reached today is 80%. Total profits since sharing is 21%.
This is not a piece of trade advice. All of our trades contain buy-in, targets, stop-loss and additional information...