Hydro allows private systems to interface with a public blockchain. We propose a new hybrid private-public model that enables financial services platforms to leverage the dynamics of a distributed, transparent, and immutable public ledger. The project focuses on particular areas where this can add value, such as authentication, identity management, document security, transactions, and artificial intelligence.
Hydro (HYDROBTC) Chart Analysis
The chart for Hydro is starting to look bullish but these are really pretty early signals, let’s look at the chart:
The main signals here are the bullish divergence on the MACD and a low that HYDROBTC could not break sitting at 35 satoshis, this level was hit 6 times and could not be broken.
If HYDROBTC can bounce from here, break above EMA10, we can expect a strong move up.
So really low risk, 15-20%, with really high potential rewards (100%+).