I am having a good feeling about Humaniq ( HMQBTC ) and the chart is matching that feeling... The way the chart is looking right now allows for very fast and strong growth.
Let's take a look at some of the main signals that caught my attention... I am hoping that you are entertained.
- There hasn't been any "violent" action but HMQBTC has been creeping higher slowly since hitting a low in early September 2019.
- MA200 (black line) has been conquered. The same with EMA100, EMA50, and EMA10.
- EMA50 is converging with EMA100, moving up. This can be a very strong signal... here not yet as it is just starting to develop.
- Really low . This would normally be taken as a signal but I can see it in a different way. Prices moving higher with no can mean that the real action is yet to start...
There is more of course.
Take a look at the long-term chart below and let me know what you think in the comments section.
HMQBTC | Long-term Weekly (W) Chart
Thanks a lot for reading and for your continued support.
+33% (Merry Christmas and Happy New Year)
Enjoy the profits.