Humaniq Technical Analysis HMQBTC | An Undervalued Jewel | Pick Of The Week
There is tremendous potential on this pick, Humaniq currently is trading at $0.19 and they're due to be introduced on Poloniex and also have plans to unveil their app in the coming month. Humaniq is still an undervalued gem with great fundamentals and a visible team.
Here we find Humaniq testing a channel support for the 5th time which also coincides with the EMA200 on the hourly chart. An ascending triangle can be observed and these statistically break upwards 77% of the time as noted by the great trader Thomas Bulkowski. We can see Humaniq have a fair rise in the short term but I wouldn't be surprised to see it double in a short amount of time.
As of now, this seems to be a setup that's giving investors the very last chance to jump in on Humaniq at a discounted price.
Is it really undervalued or over valued?
I assume you see Humaniq as over-valued? Why do you think so? We can debate.
@dipak here's a nice recent article on why Humaniq is undervalued: https://www.etoro.com/blog/markets/14062017/humaniq-could-be-the-first-major-dapp-decentralised-application/
where to buy/sell Humaniq?
bittrex.com
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Any update on hmq? They promise to release mobile app this august
Hey, I've been busy of late so haven't been posting but will do an update on Humaniq.
In short they're still well positioned. I loved to see their custom issue model in play during the crypto retracement, Humaniq has been one of the cryptos that held value well. Still bullish on it even if we are met with a little bit of a delay on their humaniq lite app which they've been announcing. The pilot in Ghana is also starting and the results should be promissing.