Hshare is having a very negative situation. The altcoin is in a down-tern, which is protected by the black down trendline. In the meantime, the price created three trend continuation patterns and all of them are pennants. We already saw that in the Litecoin analysis. Apparently, lately this formation is very popular among cryptocurrencies.
Currently, we are inside of the third pattern and we are very close to see the breakout of its lower line. That is our current view on this instrument. In our opinion, the price should aim lower, making new mid-term lows. The sell signal will be denied, when the price will break the down trendline, which for now, is less likely to happen.

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