Holochain
HOLO is looking interestingHITBTC:HOTBTC is looking interesting, wait for break out above 37.886 SATs and long. Targets shown on the chart, stop at 26 SATs.
Hit the like button please if you find this useful :)
This is only my own view and not a financial advice, do your own analysis before buying or selling
Happy Trading!
HOT/USDT Held Weekly Demand1. held weekly demand with the daily close @ 7180
2. Bearish market structure breaker (MSB) @ 11600
Break the MSB --> higher high made --> wait for higher low to be made by testing MSB as support --> bullish market structure (MS) established
If we flip MSB I will add spot to target daily supply @ 20000 for 75% move!
Holo Accumulation Wyckoff ideaJust an idea.
I hope holo will go very soon but if it need to accumulate a bit longer its no problem.
it seems like it is at the very bottom because normally holo is one of the biggest bleeders in a down market but yesterday it showed some strength and today aswell.
According to this idea we maybe need to be a little more patient.
The pattern shows similarities with the Wyckoff chart.
Holo one more week till next pumpRSI on the weekly shows we are close to the bottom but most likely need one week still to fully touch the bottom and could move down more before the next big push up. But Holo definetely one to buy in some as even pump to previous high you can get a nice 200% profit.
HOTUSDAs I said last weeks...HOT remains one of the projects I believe in and have invested in!
I will keep looking to invest but I will wait to see how it closes the week and if it rejects from the Fibonacci 618 level!
If it closes below the 618 Fibonacci level I will wait for the next one to buy at the 786 Fibonacci level!HOTUSD
THIS WEEK...has closed above the Fibonacci 618 level and now I will look for BUY until the 0.02-0.024 area in the next period!
NOTE: Please, give a LIKE if you find this idea useful!
GREAT ATTENTION:
Our analyzes have an accuracy of over 92% in the last 5 months
We also recommend avoiding short-term trades during this period because news can appear at any time that can destabilize the market.
*This information is not a Financial Advice.
One more week of sideways actionLooking at the bollinger band it looks like will see one more week of sideways before we have another pump to the upside.
My idea for a strategy for HOT is if you bought it between 0.014-0.015 you still in a good buy in zone.
At target point 1, I am taking out my initial investment as that could be the top and go down and atleast anything else is like extra bonus to hold.
Depending on if we are really in this big channel then target 2 could be the top and choose to sell all or sell half if you think it might go even higher.
Because last top we move down so much and consolidate for such a long time, for me I feel target 2 could be the top. For Holo definetely need a good exit strategy and not HODL too long when it touched the top.
Hot for HOT HOT looks to be making some moves and could explode in the very near future.
Broke above resistance line and looks to have found support along this trend line.
We can be seeing a strong bounce and then a measured move from here could take us up to .07… nearly 400% gains.
The BTC chart looks just as spicy.
Breaking out of a bull flag now. Measured move of 160%, though depending on BTC’s current movement that could be more or less.
Take a look and let me know what you think.
BINANCE:HOTUSDT
Holochain HOLOUSD - Potential Bullish ScenarioThings to Note:
1. Bullish Market Structure- Printing HH and HL
2. Price is consolidating in a narrow range
3. Contraction in Volume
4. Price forming Triangle pattern/Pennant
P.S: This is NOT investment advice. This chart is meant for learning purposes only and is a part of my personal journal. Invest your capital at your own risk