Panjang
HSR(HCASH)/BTC Long-Term Prediction
Note: Amateur/rookie opinion.
Another good project with long-term hold potential.
Fundamentals:
-Decentralised and open-source platform used for value exchange and Internet-of-Things (IoTs).
-Block (most tokens) and blockless (think DAGs, IOTA and NANO) technology
-Uses POS/POW hybrid for transaction verification (like DCR), currently cheap and fast
-User-friendly and well designed UI for wallet (obviously room for improvement, but good so far). Personally used their Android mobile wallet, easy for public to "mine"/stake tokens.
-Professional team from Australia + Singapore (own academic research team)
-Rebranded with exchange/replacement of Hshare with Hcash tokens end of February
-Soon to be quantum resistant within this week or following weeks updates
Added note:
Hshare max supply of 84 million tokens just like LTC (current price +- 220 USD, food for thought)
Technicals:
Currently undergone/going 5 wave correction, current USD price is less than x4 lower than what it was (Aug and Dec 2017 compared to present). USD chart (not shown) displays potential cup and handle pattern. Hshare/BTC value x9-x10 lower than previous ATH in Aug 2017
Sellers running out based on volume. Descending wedge pattern for Hshare/BTC could indicate the beginning of bullish sentiment and long-term reversal. Weekly MACD (not shown) shows potential bullish price movement.
Long-term price prediction in USD terms $24-$40+ (depending on BTC/USD price rise)
My opinion: Good long-term hold.
Another good project with long-term hold potential.
Fundamentals:
-Decentralised and open-source platform used for value exchange and Internet-of-Things (IoTs).
-Block (most tokens) and blockless (think DAGs, IOTA and NANO) technology
-Uses POS/POW hybrid for transaction verification (like DCR), currently cheap and fast
-User-friendly and well designed UI for wallet (obviously room for improvement, but good so far). Personally used their Android mobile wallet, easy for public to "mine"/stake tokens.
-Professional team from Australia + Singapore (own academic research team)
-Rebranded with exchange/replacement of Hshare with Hcash tokens end of February
-Soon to be quantum resistant within this week or following weeks updates
Added note:
Hshare max supply of 84 million tokens just like LTC (current price +- 220 USD, food for thought)
Technicals:
Currently undergone/going 5 wave correction, current USD price is less than x4 lower than what it was (Aug and Dec 2017 compared to present). USD chart (not shown) displays potential cup and handle pattern. Hshare/BTC value x9-x10 lower than previous ATH in Aug 2017
Sellers running out based on volume. Descending wedge pattern for Hshare/BTC could indicate the beginning of bullish sentiment and long-term reversal. Weekly MACD (not shown) shows potential bullish price movement.
Long-term price prediction in USD terms $24-$40+ (depending on BTC/USD price rise)
My opinion: Good long-term hold.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.