HOT - After increase into new green cycle Hello trading friends,
After the last increasing trend - that is also shown on the chart - HOT did change into a new green cycle trend - there is a high chance that the trend will keep going. we will follow the trend.
Algoritme did a scan on the data of today - a new cycle trend.
The question is for how long it will stay on an uptrend - depending on normally trends it should increase - but it's the crypto space, for this reason risk management should be high.
This green cycle trend did a scan by algorithms trends of us trading tool.
Have a great time.
Trade always depends on your setups - as this is not a trading call.
Holochain
$HOLO is Very Hot, Here's My Trade Idea,Buy Zone & Targets $HOT Hey Traders,
Here's my trade Idea for $HOT #Holochain
Buy Zone Between $0.00435~$0.00408
OR Buy with a stoplimit Order at $0.0049
StopLoss: 1 Day Close Below 0.003666
Targets Are:
$0.005656 ~ $0.005858
$0.006363 ~ $0.006565
I suggest using an OCO Buy order if you're using Binance.
NFA, DYOR, and Good luck.
Let Me know what do you think in the comment? press that like button to show support!
Remember, NEVER use more than 5% on any trade, and Always use a STOPLOSS.
HOT - Holochain SHORTLook how many times HOT retested the Blue trendline - 10!!
It would be reasonable to assume this will continue.
We even had a Fake Buy signal Bull trap - we know when to ignore this by using the Volume Indicator - there was no reason for us to Buy so we ignored it and missed the losing trade.
Just to note - there will be a trend change at some point, but don't let this scare you out of a trade. Until we have more buying Volume, this will CONTINUE to be a SHORT opportunity :)
Also keep an eye on HOT/BTC chart to see if there is any changes. At the moment it looks bad:
HOT Price to reach $0.017 during SpringSpeculative assets, like HOT, face an up-hill battle over the short term. The market is rotating from growth to value. This has and will continue to impact crypto. However, I think innovation will propel certain projects forward. Holo is making progress on its roadmap and several exciting milestones are on the horizon. Because of this, I think we'll see an up movement to the top of horizontal channel, touching $0.017 and maybe above. Beyond that, it's anybody's guess as to what will happen.
HOT interest ZONEBINANCE:HOTUSDT
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Thank you.
Possible Targets
➡️On right side I marked Interest ZONE where we can see huge volume from buyers
➡️ On RSI we are lay down on bottom on D1 - bullish
➡️Can see one squeeze down grab liquidity in imbalance zone (huge wick on D1)
➡️Yellow lines I marked potential move for HOT in next few weeks.
Hope you enjoyed the content I created, You can support with your likes and comments this idea so more people can watch!
✅Disclaimer: Please be aware of the risks involved in trading. This idea was made for educational purposes only not for financial Investment Purposes.
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HOT @ $0.02 Coming in Early 2022In my previous analysis, I thought that HOT would reach $0.02 by the end of 2021. That won't happen. However, I think the latest market correction is coming to an end for most (not all) crypto. HOT is a great project with a lot of exciting activity planned for 2022. The 2021 HOT mark up saw price reach $0.03. The distribution phase ended in July, bottoming out at $0.005. We are currently still in an accumulation phase. Early 2022 should see HOT reach $0.02 and could even reach $0.05 and above. As always, there are a lot of external pressures on crypto. Macro shocks and policy decisions can drive prices down. Risk management is critical to prevent unnecessary losses.
🔥HOT- Incoming Wave 5 / Rising wedgeThe price broke above horizontal resistance and is now testing it as support. It is also being supported by dynamic support (blue). We can spot a falling wedge pattern formed on lower timeframes, and once the price breaks out of it, we can expect further expansion. In case buyers fail to hold current levels, the next area of strong support is around key level (0.009x)
Entry: buy at current price
Targets:
-- because of the possible falling wedge formation the ultimate target is the upper trendline (grey dashed) --
fixed targets:
0.013541
0.014441 (local level- red)
0.015156
0.016862
0.019215
0.021470
0.024680
0.028211
0.031690
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About HOLO:
Holo is a peer-to-peer distributed platform for hosting decentralized applications built using Holochain, a framework for developing DApps that does not require the use of blockchain technology. The goal of Holo is to serve as a bridge between the broader internet and apps built using Holochain, offering an ecosystem and marketplace in which DApps are easily accessible, as they are hosted on the internet by Holo network participants.
The Holo network will be facilitated using a token called HoloFuel, which is actively being tested and will act as an accounting system to pay hosts for their services. In 2018, the project minted an ERC-20 token, HOT — also known as HoloToken — as an "IOU" that will be redeemable for HoloFuel upon launch.
Holo is still in development and is expected to launch for open alpha and beta testing by 2021.
Source: coinmarketcap
Holo; can break the parallel channel it created.Gaining massive support with its Web 3.0 project, Holochain draws attention with the graphic structure it creates in trade processes.
There is a parallel channel formation and the test phases of the lower-middle-upper bands of this channel seem to have been completed. If bitcoin continues to move horizontally or upwards and there is no problem in the markets, it may reach the targets in the short term.
If the upper band is broken and the test is successful, the targets are:
TP1: 0.014
TP2: 0.017
TP3: 0.019
It is not investment advice. Cryptocurrency trading is quite risky. Please use stop-loss.