THC did not make any strong bullrun despite they had their whitepaper released, rebranded, and new website.
And it broke the uptrend drawn from Dec-18, with a sharp push to current trading level 2000.
Now we are sitting at the support line drawn from Dec-2.
I m still positive on THC trend ahead of hard fork(Feb-23), the chart also indicate THC will decide the movement at around Feb-22.
It need to go up a little bit to 2200 to continue the bull run.
If we broke the uptrend, we may stay at 1700 level for a while, and go straight to 1000.
Trade Suggestion 1:
Buy when THC crosses 2200.
Trade Suggestion 2:
Buy when THC crosses 2500.
Stop loss: 1750
Have your stop loss order ready if you are holding it.
If THC does not further go down , we will see if THC able to hit 2200, within 24 hours.
If it does, wait for another 2200 hit for entry.
If not, go for another coin =)
See if we can bounce to 2400.