Holochain
HOTUSD -> Trying to rise but looks weak dApp platform very hyped in 2019 () and how many other altcoins look forgotten now but still higher than ICO price (0.00015 USD). 75th place on coinmarketcap, 55 MM capitalization.
On monthly still in downward channel, but in the last month shows some signs of life.
Won't be short here but further downside is possible (because of unlocked coins and it's still x2 in USD).
Instead I'd long the flag (on chart) area, if it get there I expect strong upside move.
Hit the "LIKE" button and follow to support, thank you.
Information is just for educational purposes, never financial advice. Always do your own research.
HOTUSDT formed bullish Shark | Upto 47% move expectedHi friends hope you are will, on 3rd Jan 2020 the Holo (HOT) formed a bullish Shark pattern and I posted chart on this move as below:
The priceline took bullish divergence as predicted and produced more than 63% gains.
A Formation Of Another Bullish Shark Pattern:
Now the priceline of HOT has formed another harmonic bullish Shark pattern.
Let’s dig the pattern deeper to see how perfect the pattern is formed:
After initial leg (X to A) the A to B leg is retraced between 0.382 to 0.618 Fibonacci and then B to C leg is projected between 1.13 to 1.618 (here I have ignore little spike coz all other legs are formed perfect) of A to B leg's Fibonacci projection and final (C to D) leg is retraced between 0.886 to 1.13 Fibonacci as required for perfect bullish Shark and now we are entered in potential reversal zone of this bullish Shark pattern, now we can expect bullish divergence at any time which will lead the priceline between 0.382 to 0.786 Fibonacci projection of C to D leg.
Buying And Sell Targets:
The buying and sell targets according to harmonic Shark pattern should be:
Buy between: $0.0006406 to $0.0005817
Sell between: $0.0007152 to $0.0008563
So this time we can expect up to 47% bullish move.
Stop Loss:
The potential reversal zone area which is up to $0.0005817 can be used as stop loss in case of complete candle stick closes below this level.
HOTUSDT formed bullish Shark | Upto 102% move expectedPriceline of world's 45th largest cryptocurrency Holo (HOT) has formed bullish Shark pattern and entered in potential reversal zone.
This potential reversal zone should be used as stop loss in case of complete candle stick closes below this zone.
Let’s have a look on the dimensions of HOT price action's moves:
After initial leg (X to A) the A to B leg is retraced between 0.382 to 0.618 Fibonacci and then B to C leg is projected between 1.13 to 1.618 of A to B leg's Fibonacci projection and final (C to D) leg is retraced between 0.886 to 1.13 Fibonacci as required for perfect perfect bullish Shark and now we are entered in potential reversal zone of this bullish Shark pattern, now we can expect bullish divergence at any time which will lead the priceline between 0.382 to 0.786 Fibonacci projection of C to D leg, but after this bullish divergence if the candles sticks will be closed above 0.786 Fibonacci levels then it can also lead to the long term bullish move.
As per Fibonacci sequence method we can set our targets as below for mid term trade:
Buy between: $0.0005796 to 0.0004574
Sell between: $0.0006855 to $0.0009268
So this pattern has potential to produce upto 102% profit
Regards,
Atif Akbar (moon333)
The harmonic moves analysis involves hours of hard work and determination however the success of harmonic trading in fiat and cryptocurrencies is around 80% therefore it is always important that you follow any stop loss strategy while trading harmonic patterns I have also shared a stop loss idea in this article, the information in this article is for educational purpose only this is not intended to be investment advice, I have tried my best to catch the harmonic moves as per predefined classical harmonic bullish Shark pattern if you find any flaw or you have any suggestion feel free to share with me in comments section.
#HOTUSDT On The Verge Of Breaking Out?So far so good with this, looking pretty neat as a possible breakout, could chance a decent stop at approx 3% with a high upside reward on a breakout move.
Be careful of the rest of the market having a correction but so far looking pretty good with BTC dominance coming down and the total2 charts coming down...
HOT/USDT Adam and Eve Potential? Potential setting up here on HOT with adam and even maybe. It is current right on the 50 day MA and will need to see strong support there or could potentially go lower first to form more divergence which isnt the greatest ATM.
Interesting setup because it has a different pattern than most alts right now. #BTC Dominance also just lost the 200 Day MA so lets keep an eye on dominance as well to help out with alt setups.
Just for my own commentary not to be taken as financial advice thx
Holochain: Pagani Huayra Dreams, Lambo Is No Longer the TargetHolochain has finally started delivering their HoloPorts
Imagine not investing in this team
/lulz
HOT Has Completed Bullish Setup For Upto 900% MoveHolo Coin has well managed its position to be in top 50 cryptocurrencies out of more than 2300 coins as per coinmarketcap data, at the time of writing it is ranked at 44th position. Since July 2018 the price action of Holo / Bitcoin is moving within a descending triangle, on Oct 2019 the price action broke out the resistance and now after price correction the price action is again hitting at same support level of 0.0000007btc.
In the mean while the price action is also hitting the lower support of Bollinger bands and the Bollinger bands is squeezed and moving sideways the MACD is also bullish and in the meanwhile the price action is forming a bearish Shark pattern lets have a look on dimensions of this pattern.
After the initial X to A leg the A to B leg is retraced between 0.382 to 0.618 Fibonacci and then B to C leg is retraced between 1.13 to 1.618 Fibonacci, sofar the pattern is perfectly driven as required for bearish shark pattern and now the priceline is moving in potential reversal zone of this pattern now here we have 3 supports.
1. The support of descending triangle
2. The Bollinger bands support
3. The firm support of potential reversal zone of bearish Shark
Now we can expect the bullish divergence at any time that will trigger the formation of final leg of Shark upto 1.13 to 1.618 Fibonacci however I have defined 2 types of targets one is secure targets between 0.382 to 0.786 Fibonacci and second is aggressive target upto the completion of Shark’s final leg as below:
Buy between: 0.00000013 to 0.00000005
Secure sell targets:
Sell between: 0.00000020 to 0.00000034
Aggressive sell targets (Upto the completion of shark's leg)
Sell between: 0.00000042 to 0.00000050
Enjoy your profits and regards,
Atif Akbar (moon333)
HOLOBTC formed bullish Gartley | Upto 50% bullish movePrice action of HOLO / Bitcoin has formed a bullish Gartley and entered in potential reversal zone.
This PRZ area should be used as stop loss in case of complete candle stick closed below this area.
I have used Fibonacci sequence to set the targets:
Buy between: 0.00000009 to 0.00000008
Sell between: 0.00000010 to 0.00000012
Regards,
Atif Akbar (moon333)
Holochain is hotTrying to break with some very large buys. Potential to reach 18-20 sats in a few weeks -bitcoin indecision may be holding this down a bit.