Rooting around for new Altcoins we came across Halcyon (HAL) on Bittrex. There was a high hash rate “ninja launch” on BCT, lots of rumors regarding coming tech upgrades, and the chart is flashing some signals too.
The chart shows a large spike shortly after the coin came out, it fell to safe levels, and then clear accumulation occurred. The price has been stepping up slowly. We are expecting a run at the ATH again and we expect it to break. However, this is crypto and ANYTHING can happen. We always advise caution, but this is looking like a lower risk play than some other Altcoins. This is slow dollars and not fast nickels. Happy Trading.