Nice Setup For HumanIQ - Just Closed Above Bollinger Band Median

in #humaniq7 years ago

Here is an interesting setup for HumanIQ. Today it closed above the bollinger band median at 3500 satoshi and here is the daily chart:

FireShot Capture 663 - HMQBTC_ 0.00003455 ▼−1.2% — Un_ - https___www.tradingview.com_chart_AxIWekrr_.png

Comment: We have also bounced off from the Stochastics, right now at 30 and we formed a nice looking hammer for the day.

In terms of potential, the first target would be 7600 satoshi which is 7600 and then perhaps higher depending on how things will develop up there.

When it comes to an exit, if there will be a daily close below the bollinger band median it could be wise to get out. That would be around 3055.

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