Sideways Movement Expected?
Updated
Hello Everyone,
Quick update on HOTBTC...
First please note: I do not hold any HOT currently. I do not see myself buying in the very-near term.
Based on the prior runs, I think we can make a guess that our current weekly candle is coinciding with the other one marked (two blue circles). It is highly unlikely that HOT goes much lower (IN MY OPINION!!).
But, the launch date of this rocket is not tomorrow, not next week. I expect a healthy sideways movement of HOT over the upcoming weeks. We can see it traverse between 19-24 sats in this time. You can be safe and be long if it peaks (and holds) 25 sats.
However, in the meantime, I/we will sit back and watch. This token does have a decent project. I expect further future growth due to this being a relatively (haha-- relative!) good project. As chart-biased people usually say-- who cares about the project or what it is!? Go off the charts.
Here, the charts are telling us future growth. Also, it being a fair project (and relatively low marketcap) allows us to look for future growth. What is HOT currently? I think best-case scenario, we can see it in the TOP 20 at some point.
SOOOOO-- In the meantime, wait and watch.
If you have some BTC to spare and are looking for a long, this may be it. Dont trade off what I say-- trade off what you conclude to.
For example, you can go long here (I would-- but I figure to not have my BTC tied up in something that may not go up in the timeline Id like...), but dont be scared if we break below 19sats. I truly believe in the longterm of this coin. If youre reading this right now and disagree-- PLEASE comment your thoughts below.
They are much appreciated by me (and others too I hope!).
Take care.
Quick update on HOTBTC...
First please note: I do not hold any HOT currently. I do not see myself buying in the very-near term.
Based on the prior runs, I think we can make a guess that our current weekly candle is coinciding with the other one marked (two blue circles). It is highly unlikely that HOT goes much lower (IN MY OPINION!!).
But, the launch date of this rocket is not tomorrow, not next week. I expect a healthy sideways movement of HOT over the upcoming weeks. We can see it traverse between 19-24 sats in this time. You can be safe and be long if it peaks (and holds) 25 sats.
However, in the meantime, I/we will sit back and watch. This token does have a decent project. I expect further future growth due to this being a relatively (haha-- relative!) good project. As chart-biased people usually say-- who cares about the project or what it is!? Go off the charts.
Here, the charts are telling us future growth. Also, it being a fair project (and relatively low marketcap) allows us to look for future growth. What is HOT currently? I think best-case scenario, we can see it in the TOP 20 at some point.
SOOOOO-- In the meantime, wait and watch.
If you have some BTC to spare and are looking for a long, this may be it. Dont trade off what I say-- trade off what you conclude to.
For example, you can go long here (I would-- but I figure to not have my BTC tied up in something that may not go up in the timeline Id like...), but dont be scared if we break below 19sats. I truly believe in the longterm of this coin. If youre reading this right now and disagree-- PLEASE comment your thoughts below.
They are much appreciated by me (and others too I hope!).
Take care.
Note
In the very-shorterm, it seems like HOT will break the 20-21 sats levels and be at 19-20 in the coming day. You can then buy at the beloved 20sats if you wish. Though, I wouldnt (and will not). Waiting to watch what happens sideways in the coming week(s).
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