Now is not the time to buy HOLOAt this time, we don't recommend HOLO as an asset for your new long orders. And there are many reasons for that, here are some of them.
If you're a risk-taker on Altcoins, you're too late. This coin made 480% last month, and in the three and a half months since the beginning of the year, it has made a whopping 1500% profit. That's fine if you caught that profit, but if you weren't among those lucky ones, there's no need to place your long orders now. We at Penygene certainly wouldn't mind increasing our capital by that much, but even more, we would like not to lose it as foolishly as we might on an Altcoin buying of this kind.
All small-cap Altcoin trades are risky, especially when you're thinking about placing your long position on high. We call them risky because of the Risk/Reward ratio, in the worst case it should be at least 1/2, and in the case of volatile Altcoins, the ratio should be much higher. The current price of the asset and its recent tremendous growth, of course, will not give us such a ratio of potential profit to potential loss, so such a trade is obviously risky.
For HOLO further growth with the same intensity is not possible yet due to many factors. (very overheated coin, small capitalization, and no good correction after recent ATH). Also, based on our monitoring of Altcoin, we can very likely say that the price of this coin can continue to rise further. This overheated growth can be as much as 60-80%, but would you want to risk your money knowing that you must risk losing $2000 or even more just to have a chance of making $1000. Obviously not.
Over the past three days, the price accumulated enough liquidity on the 0.003-0.0035 range, and jumped up from it by 200%. If you look at HOLO from the side of technical analysis, you will realize that a further increase of the price of the asset can not be called other than an overbought, the further growth of the price in these conditions is almost impossible to predict, it's a lottery. If you have existing long HOLO positions, it's time to close them, that's probably the only advice we have.
Holochain
HOT / BTC Work on a trading instrumentHOT / BTC Coin operation. Pump up a coin. Quite a risky trading instrument. Not a large% of money is allocated to work on this instrument. Such coins can give a large profit in percentage terms and at the same time large losses if they disappear from the exchanges. You should always keep this in mind and turn off greed.
In no case should such coins be kept on wallets, during pumping you will not be able to withdraw coins to the exchange. I / O will be disabled "for technical reasons". The coins are for temporary speculation only. Also, do not accumulate large positions, as such coins (projects) disappear from time to time. We took the movement during the development of the trend and forgot about it. There are many such coins, they differ only in name and legends for the crowd.
One of the past ideas for this coin gave a profit of about + 90%. The next two entry points have not been confirmed. Let me remind you that such altcoins are not possible to work short, as there is no margin. Therefore, if the price moves against you, it is best to exit the market and watch for a new potentially good entry point.
HOLO Work of a major market participant in the downward channelThe chart shows the logic of a large market participant in a descending channel using the Holo (HOT) coin as an example. At the moment, 103rd place in terms of coinmarketcap capitalization.
Everything is shown in detail and described on the graph. Remember, with the correct understanding of the work, the one who adapts always has the opportunity to earn much more in% ratio for the one who controls the price.
Be less greedy for others and, as a result, you will be an order of magnitude richer.
Forget once and for all the fairy tales of widely circulated books on the topic of trading for the management of the masses, that the totality of actions of small market participants direct the price. This is only partially true. Manipulative substitution of concepts. Small market participants (fuel of price movement) are always directed to make certain price movements depending on the desires and rationality of the actions of a limited small number of market participants.
The bulk of market participants always lose, it's only a matter of time. If these characters of the trading game win, it is only in order to fulfill the unconscious task of the minority. There are basic management tools in trading borrowed from the religions of controlling the masses through instinctive weakness and fear. Money and the desire to own it is the most powerful religion. The weaker the participant in the trading game and the less prepared he is, the more his desires are inflated. This is used in their management. The crypto market is a controlled horde of very poor and greedy people. The low threshold of "entering the market" makes it possible to pump into it a lot of rapidly burning "fuel" (weak market participants).
Playing along with the crowd in what it believes in and what it wants, the illusion of understanding the ongoing process is created. The task of large market participants is to further raise the price for the euphoria of small participants (decrease in the number of sales, growth of faith in the "retention" of the traded asset, growth of faith in TA rules). The end result is always the same, regardless of the instrument being traded and the market. Most always lose.
Wake up from the imposed programmed illusions of algorithmic behavior in the market by the rules of the minority.
Check out the attached trading ideas. Also I have over 50 trading / learning ideas on this site. I show all training on a live chart on my trading ideas, I have no wangs and witchcraft of success in the history of the chart. Develop, acquire knowledge and experience. Upgrade them for real trade. Less theory, more practice. Theory without practice is zero.
Trading is a higher psychology, understanding the desires of people and as a result of their future actions using numbers and a graph without contact with people themselves. Pump your mind and collect experience
HOT updateI've removed my take profits on HOT because I want to ride this higher during the next leg up. I will raise my stop loss as we keep finding support.
I'm really hopeful for $0.008. I will happily leave my stop loss at that point as that was my old take profit point. Let's see how the next 3 days play out.
#HOT #HOLO - #HOLOCHAIN WEEKLY CHART OVERVIEWAfter many requests i'm posting this general overview for holochain chart. As you can see from the weekly chart we are in a very interesting level. We have broken the long term downtrend with a huge increase in volume, like the previous parabolic move. Bullish divergence and main resistance levels broken. One more confermation needed for the most conservative traders as you can see in the chart. Interesting opportunity for the long term investors.
HOTETH with approx. satoshi targetsI had analysed this coin better for HOT/BTC but since Binance dropped HOT/BTC pair due to high BTC price I found the appropriate prices for HOT/ETH instead.
To my surprise, some fit quite nicely to HOT/ETH support levels also.
Satoshi levels are approximations based on the price on publishing day.
For the wave 2 retrace, if you take the 1 and project it from the 2 with a fibonacci extension the 1.618 should land at 19 sats.
If you want to trade this in more detail, the sub-waves selling points in the third wave I would recommend selling at around 14-15 sats level and possibly buying back a little lower.
But the real trade if this plays out, will be selling around 19 and buying back around 12, and selling at 21 again.
RISK: HOT has been in a bear market for super long, these impulse waves tend to happen though, trade at your own risk.
I will be very surprised if these waves trend exactly like this, I only look at this as strategy until something else appears.
HOT/ETH- HOT/USDT ( HOLOCHAIN ) Première fois sur la paire ETHER que HOT se stabilise, pas un conseil d'achat mais si vous avez un billet a perdre dans la limbe, un gain exceptionnelle peut être atteins, cependant si Holo ne confirme pas sa divergence haussière, un excès baissier énorme peut avoir lieu tout comme une descente aux enfer.
En paire USDT on peut voir une meilleur forme, un excès baissier déjà fait, on repasse au dessus d'une zone de réaction RSI très fort et surtout un pull back en cours sur une zone de polarité
- paire ETH, Bottom peut être atteint
- paire ETH, Divergence sur 4h - 1D - 3D et rsi au plus bas en 1W
- paire USDT, pull back en cours sur zone de polarité
- paire USDT, Théorie de dow
- RR très bon avec perte acceptable au dessus de 10%.
Sold all my Holo Easy trading strategies for beginners based on Exponential Moving Average ( EMA ).
Very Easy to Follow!!!
Follow the rules to earn safely!!!
Can be applied to any cryptocurrency and stock markets!!!
Green color means possible long
Red color means possible short
Orange color means to be ready for flipping your position or take profit from your current position
Please pm me if you are interested. Thank You.
The paid version will have buy and sell indicators on the graph.
HOTUSDT forming bullish Shark | Upto 112% move aheadHi friends hope you are well, and welcome to the new update on HOLO token.
On the small-time period chart, the price action of the HOT token is completing the last leg of bullish Shark pattern, on breaking down the 25 simple moving average the pattern will be confirmed.
Buying and sell ranges:
The buying zone starts form 0.886 to 1.13 Fibonacci levels, and the sell zone can be the Fibonacci projection between 0.382 to 0.786 .
Stop loss:
The maximum extent of potential reversal zone at 1.13 Fib level can be used as stop loss.
Possible profit and loss ratio:
As per the above targets, this trade has a profit possibility of 112%, and the loss possibility is 21%.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
$HOT - Holochain to Pluto?The weekly Holochain chart has consisted mainly of consolidation in a range of 2-5 sats but buyers have certainly been buying the dips. It seems its not far away from a bull run so worth keeping an eye on. Similar structure to XRP in early 2017.