Holo Triangles Produce Massive Bullish Breakout! (291%+ PP)How are you doing today? I am hoping you are having an amazing weekend... Now, let's take a look at this chart.
Here we have Holo (HOTBTC) and two beautiful descending triangles.
Notice how the first triangle on the left created a flat bottom from which it produced a violent and highly profitable breakout to the upside... We are seeing a similar pattern develop now.
Before the bullish breakout of the first triangle, we can notice bullish divergence showing up on the MACD. This same signal is now also in play (purple dashed arrow).
On top of this pattern, I also calculated the potential profits of a bullish breakout using Fib. proportions and we are looking potentially at 290% profits if the same situation repeats.
A word of caution, HOTBTC can still move lower before producing a breakout to the upside. Always make sure to set a stop-loss and have a trading plan before buying any altcoin, so you can know your next step regardless of what happens.
Some of these signals are very convincing and we tend to like what we find out, but the truth is that the market is unpredictable and can move in any direction, so it is good to always prepare for all scenarios.
For example, if a drop takes HOTBTC to 20 satoshis and you are prepared for this, this is no big deal, as you can simply wait it out or act as planned.
But if you are unprepared, you might think that is going lower, you might get nervous or scared and sell at the wrong price at a loss. That is why having a plan is always recommended when trading with us.
Thanks a lot for reading.
This is Alan Masters... Feel free to hit like to show your support.
Namaste.
Holo
Holo Triangles Update (Buy-in After The Retrace)Remember our Holo (HOTBTC) triangles, from our last update?
Looking at past history, we can see how Holo (HOTBTC) produces a descending triangle on its correction before breaking out to the upside.
We saw a really strong move after a low was hit on the 13 May. This impulse lasted until yesterday, 21 May, and generated over 92% profits. On the retrace, we can see that today's candlestick is back within the triangle.
Support can be looked at around the 19-21 satoshis range. 23 satoshis if HOTBTC remains really strong.
Once HOTBTC finds support, we can buy-in and go long.
Chart signals:
First wave went from 15 to 29 satoshis breaking above multiple resistance levels.
EMA100 (24 satoshis) is the immediate resistance. Needs to be broken and close above for additional bullish action.
EMA200 (22 satoshis) is the immediate support. Needs to be broken for further retrace.
The arrows on the chart mark two of the main potential scenarios. This is not what will happen, but what can potentially happen.
This is not financial advice.
All information is shared for learning and entertainment purposes only.
Thanks a lot for reading.
Namaste.
HOT Will Follow BTT...!!#HOT/BTC (Update)
Looking Awesome In Bigger TF..
Breakout Pending..
If Your #BTT Ride Missed So Don't Miss The #HOLO Train..
If Broke Out The Wedge Then Possible Targets 24-27-30 Sats
HOT/ETH (Similar)
In Ether Pair Already BrokeOut..
One Of My Favorite Coin With Strong #FA's
Safe Heaven For Midterm & Long term..
Hit Like For Our Motivation...!!
$HOT looking like a good opportunity for the next bull runHere is Holochain (Hot) on a daily chart, going back to September.
You can see we have bottomed out in Sat price since January of 2019, after the large run in February up to 46 sats.
Bitcoin was in the 3000-4000 range so the sat value is not as important as USD value which has been steadily increasing as Bitcoin climbs higher.
Currently we are reaching ATH in $USD at around $0.00158, and could easily break this.
The RSI at the very bottom is at 53 which is healthy for a rising coin.
All in all , I think this is the start of the next bull run and holding your own set of coins will be the deciding factor in long term success. Holochain presents a unique idea to solve the many problems with the internet, social media and the banking system.
This coin has also been trading for less than a year, so long term growth is more than likely.
HOT - HOLO IS APPROACHING THE BUY ZONEBINANCE:HOTBTC is reaching a zone of very strong support. It is still a new project and would give a perfect opportunity for a long term hold.
Buy-Signal:
Holo is trending upwards but doesn't form a clear support and resistance SuppertrenD channel. There is not a defined support channel, so we can only rely on the logarithmic trendline and the 0.886 from the recent top. Since holo is hitting this support with strong momentum, we can assume that we will at least get a bounce there. It is hard to define targets because there is not much data available. The recent dumped definitely confirmed a new resistance channel which gives us an indication of the next price resistance by applying a simple linear regression. Unfortunately Holo is still downtrending and the resistance channel is depending on time. We can be quite certain about the support zone, but not too clear about the target yet.
Buy HOT between 14 and 17 Satoshi. Liquidate the position if we crack 10 Satoshi in an overall bearish market environment. This trade is quite on the risky side, but the upwards potential justifies the risk.
I hope that was helpful.
Best,
Felix Kewa
Holo/Bitcoin/Tether (13 May) #HOT $HOT #BTC $BTC #USDT $USDTMFT is moving in the Falling Wedge formation combining Wolfe waves, this is a bullish formation and we can expect the target to 60-62 within 1 week. However, according to me, MFT is not in safe price range for holding long-term. Because MFT owes us 1 leg in 40-45 zone.
I suggest to buy at 49-50 range and sell around 60-62. Then set alarm at 40-45 zone and buy for holding long-term
Stoploss if price falls off the big Falling Wedge fomation, is below 40
HOT juicy setup:Coming close to an area that's really interesting to me. Multiple bullish divs on the daily, I could see one more leg down into green rectangle, from there I think we'll see some solid upside.
HOLO - Profit opportunityPerfect falling wedge scenario.
Breakout confirmed on a close over resistance and previous resistance acting as support now.
Remember always do your own research before making any investment decisions.
Hot is very Hot, MACD, Ichimoku, RSIHello Guys,
I found a very bullish pattern here. #HOT
MACD is showing us a nice divergence pattern is forming.
Rsi and Stoch both show us a reversal (if RSI break out above 50 and HOLD)
A very strong support placed at 20-22 but I found at 4h chart a secret pattern. Ichimoku Clouds confirms 18-20.
Fibo shows us that logic reversal should be at around 21-22
This analysis is personal advice and the risk is yours.
HOT BREAKOUT IS IMMINENT - THIS ONE IS A HOLDERHOT is a very good asset to have in your portfolio - come back to this post in few month
She is EVEN HOTTER Than Ada! HOT, HOT, HOT! 56 % PROFITAda is beautiful, and she has big curves - But D4rkEnergY prefers them slim. Look at her, my friend!
This girl is even hotter - and 56 % is waiting for you. But be patient - you know how girls are. They don't like when you are being desperate. Play hard to get, and let them come to you.
D4rkEnergY will be your wing-man!
Trust me!
HOT - BULL PATTERN ON HORIZON - 200% - CryptoManiac101HOT / BTC TA
Chart is self explanatory but feel free to comment below for any questions
HOT. New highs soon ?More resistances to be broken, but I believe that with proper retracements this trade will be played quite well. I recommend you to buy on the HOT/USDT on Binance. Many people loose their money buying in the BTC side.
HOT/BTC IS LOOKING HOOTT TODAY - Day Trader ExplainsLads and Ladies,
Welcome back to TJs' Trade Corner, today we will be taking a look at HOT/BTC after it got some nice attention online, let's see what is actually behind the hype of your favorite shillers.
There are multiple points that I want to cover and we will start with market structure.
Clearly, as many have seen it, we have a falling wedge. This falling wedge has been drawn exactly on the line-chart, where we go only for the closes. I see that there is a second possibility for a falling wedge, focusing on the wicks. Nevertheless, the closing prices have more weight to it and since it aligns perfectly, I stick with them.
The second step is to look at the retracement itself. We see that HOT/BTC had an immense push, yet everthing that goes up, must come down again. This happened here as well, we come once again to a point where is our uptrend broken? To which point can we retrace before the uptrend is officially broken and there is no reason to long anymore?
This is the 61.8% line of the Fibonacci tool. As we can see we are exactly at this point right now and normally we see a strong bounce at these levels.
I have to say, here the Fibs start at the start of the clear uptrend, but end below the very top of it. This is because I want to always have at least 3 confirmation points for any horizontal- or trend-lines.
After identifying the structure, key levels and the trend, we take a look at the volume. Here, the volume has been very significant during the uptrend, yet during the retracment, the volume has been nowhere near significant levels: Still, we had some buy volume spikes in that time, where it should be exactly opposite. This is a clear sign that this is just a retracement and not a new downtrend. Giving us the best foundation for a long position.
Looking next at the TJ-Stoch, we see it trending up, during the retracement, which is a bullish divergence and a good buying opportunity. Moreover, we just saw a crossover and can expect a nice push pretty soon. Especially, if we stay above the 40p line.
Now, lets take a look at what is necessary for a clear breakout.
To be sure of a nice and clear breakout, we need to see a daily close above the 50% Fibs line. At that point, we would have a clear break of the retracement, also, significant volume should be important. The medium target would be at 33 sats, yet it could continue with a 200% push if we break the previous high.
This trade has been published before in my private learning group "ETG".
We are going over many observations and possible trades very frequently.
It is meant for only those who are really interested in becoming a self sufficient trader and learning about all the secrets of trading.
Should you be interested in ETG or the indicators I use, join my discord channel and say hi in chat, then I will give you a free trial for which you might be interested.
Like and Follow me and you will find the space interesting because I am a TA expert and professional day trader in crypto since 2012 that does daily updates and new posts about the hottest and most discussed coins.
Cheers TJ
HOT. Buy Range : 20 sat. Sell around : Do not sell wtf ?I honestly invest a lot a money in this project (weeks ago) and I truly believe in it !
But also do think we're in bearish trend - till next pump which should be around 20 sat.
+ In my opinion it is to early to predict long term expectation...
Like and feel free to comment
HOLO fractal anyone? HOT looking decent here dropping slowly back down to support
If we get a bounce in those demand zones below, we could see a repeat of the previous rise in price on a extremely low sat coin
Thanks guys!
Possible impulse for HOT?HOT is sitting on the 0.618 fib level, also too note we can see the Daily SMA200 is currently not far below at 21 sats so I am expecting some sort of bounce here. I have outlined what could be a massive impulse run for HOT where price is in wave 4 and about to transition into wave 5. First I am looking to see if we can close a daily candle above the 0.382 fib, if this happens I will then expect price to jump back into the 40s, and if price rises above our ATH at 46 sats the final target would be the 1.618 fib currently at 60 sats although this 1.618 can slightly vary if price does infact drop down lower to the daily SMA200. Whether or not this mega impulse run plays out.... I see reason to believe we trade a nice bounce here!
Got some $HOT here* it made a 61.8% fib retracement
* S/R flip
* $HOTUSDT chart looks great
* if this level doesn't hold, I'll be setting my buys at 18 sat
There is a possibility for the beginning of an uptrend in HOTETHTechnical analysis:
. HOLO/ETHEREUM is in a range bound and the resumption of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 46.
. While the RSI downtrend and the price downtrend in the daily chart are not broken, bearish wave in price would continue.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00000741 to 0.00000644). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00000741)
Ending of entry zone (0.00000644)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons :
Take Profits:
TP1= @ 0.00000827
TP2= @ 0.00000885
TP3= @ 0.00000936
TP4= @ 0.00001028
TP5= @ 0.00001115
TP6= @ 0.00001204
TP7= @ 0.00001288
TP8= @ 0.00001491
TP9= Free
There is a possibility for the beginning of an uptrend in HOTETHTechnical analysis:
. HOLO/ETHEREUM is in a range bound and the resumption of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 39.
. While the RSI downtrend and the price downtrend in the daily chart are not broken, bearish wave in price would continue.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00000741 to 0.00000644). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00000741)
Ending of entry zone (0.00000644)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.00000827
TP2= @ 0.00000885
TP3= @ 0.00000936
TP4= @ 0.00001028
TP5= @ 0.00001115
TP6= @ 0.00001204
TP7= @ 0.00001288
TP8= @ 0.00001491
TP9= Free