Holousd
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.
Holo/ USDT is Going Up. Holo/ USDT is Going Up.
We are not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature.
and are therefore are unqualified to give investment recommendations.
Always do your own research and consult with a licensed investment professional before investing.
This communication is never to be used as the basis of making investment decisions, and it is for entertainment purposes only.
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
Holochain Breakout of Descending triangle!Holochain has recovered very well off of our recent marketwide correction and has blasted through the descending triangle resistance! We are getting very nice support from the ichimoku cloud and I would ideally like to see us print some more green clouds for additional support. Aswell the EMA ribbons are still pushong slightly up with bullish momentum, we were starting to squeeze a little bit due to the correction but still look very healthy and bullish! Our MACD has reversed and full broken out flipping bullish and starting to shoot upwards! I think we are going to see some very nice performance with HOT this altseason! Not financial advice just my opinion!
HOT, buy HOLO, it can be one of the best alts in this bullrun!🚀HOT is coin which was recently added to our golden altcoins list on long term. It is very promising project, price is after little correction. If price decide to go lower we expect about 0,16 USDT but our strategy says to buy in many parts - so If you are interested in this coin we advise you to buy some now and then buy again later. Buying in many parts is perfect strategy to average the purchase price and minimize risk.
This coin is already top 50, we are strongly bullish on HOT, it can be diamond coin of this bullrun.
🚀 This coin is on our golden long-term altcoins list. It may be very good project for long term investment.
❎ No TP for long-term investments. We can`t predict exact altcoins targets in long term, but thanks to our experience and glassnode we are able to predict exact bitcoin targets. Our long-term strategy is just to hold these altcoins until glassnode indicators will say us that we are close to end of bullrun. And then we will sell everything in 15% parts.
✅ Bullrun is easy. Just accumulate coins from our golden list (long) and play with our signals (short). Diversification is the key to success.
HOT, buy HOLO, it can be one of the best alts in this bullrun!🚀HOT is coin which was recently added to our golden altcoins list on long term. It is very promising project, price is after little correction. If price decide to go lower we expect about 0,16 USDT but our strategy says to buy in many parts - so If you are interested in this coin we advise you to buy some now and then buy again later. Buying in many parts is perfect strategy to average the purchase price and minimize risk.
This coin is already top 50, we are strongly bullish on HOT, it can be diamond coin of this bullrun.
🚀 This coin is on our golden long-term altcoins list. It may be very good project for long term investment.
❎ No TP for long-term investments. We can`t predict exact altcoins targets in long term, but thanks to our experience and glassnode we are able to predict exact bitcoin targets. Our long-term strategy is just to hold these altcoins until glassnode indicators will say us that we are close to end of bullrun. And then we will sell everything in 15% parts.
✅ Bullrun is easy. Just accumulate coins from our golden list (long) and play with our signals (short). Diversification is the key to success.
HOT, buy HOLO, it can be one of the best alts in this bullrun!🚀HOT is coin which was recently added to our golden altcoins list on long term. It is very promising project, price is after little correction. If price decide to go lower we expect about 0,16 USDT but our strategy says to buy in many parts - so If you are interested in this coin we advise you to buy some now and then buy again later. Buying in many parts is perfect strategy to average the purchase price and minimize risk.
This coin is already top 50, we are strongly bullish on HOT, it can be diamond coin of this bullrun.
🚀 This coin is on our golden long-term altcoins list. It may be very good project for long term investment.
❎ No TP for long-term investments. We can`t predict exact altcoins targets in long term, but thanks to our experience and glassnode we are able to predict exact bitcoin targets. Our long-term strategy is just to hold these altcoins until glassnode indicators will say us that we are close to end of bullrun. And then we will sell everything in 15% parts.
✅ Bullrun is easy. Just accumulate coins from our golden list (long) and play with our signals (short). Diversification is the key to success.
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.
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.
HOLOUSDT formed another bullish reversal move for upto 63% rallyHi Folks hope you are well and welcome to the new update on Holo token. After mid of March the HOT token has surged more than 250%. Now it is likely to start the correction rally. Let's have a look at the price action have some analysis.
The formation of harmonic Shark move:
On January 3rd 2020 I posted an article on tradingview where I revlealed that the Holo token has formed a Shark pattern and it can take the bullish divergence from the potential reversal zone of this harmonic Shark. And this PRZ level starts from 0.886 and ends up to 1.13 Fibonacci retracement level. I was expecting that this Shark will be helpful for a long term bullish rally. Finally the price action started moving up and produced more than 63% profit and dropped down again.
The next bullish Move, correction rally and SMAs:
After 18th of March 2020 the price action again started another bullish move and surged more than 250%. During this move the pricelilne of HOT broke out all the simple moving averages with the time period of 25,50, 100 and 200 on the daily time frame chart. After breaking out the 200 simple moving average the price action has started a correction rally and it has broken down the 25 and 50 simple moving averages. At this time the price action is at the support of 200 SMA and likely to break down this support as well.
The Ichimoku cloud is giving bearish signals:
If we watch the ichimoku cloud on the daily time frame chart. Then it is getting squeezed and the the baseline has crossed up the conversion line above the price action that is a bearish signal. The lagging span also has crossed down the priceline this is another bearish signal by ichimoku cloud. Therefore we can expect that soon the priceline will follow these bearish signals and it can cross down the cloud as well. And the cloud will be turned bearish and it will become a resistance for the price action of Holo token.
The priceline is likely to complete final leg of Cypher pattern:
After all these bearish signals and the correction rally the priceline of Holo token is likely to complete the final leg of bullish Cypher pattern that is a bullish reversal signal. However in order to complete the last leg of the Cypher the hello token needs some more drop. Because the last leg should be e retraced between 0.618 up to 0.786 Fibonacci retracement level. As per Fibonacci sequence of bullish Cypher pattern the potential reversal zone and the Fibonacci projection of C to D leg or in simple words the buying and sell zones are as below:
Potentail reversal zone: $0.00045 to $0.00038
Fibonacci projection: $0.00050 to $0.00062
As per above targets this move can be up to 63%. However if the priceline will break out the maximum extent of Fibonacci projection area then it can start more powerful bullish rally. The maximum extent of this potential reversal zone should be used as a stop loss otherwise the price action can move more down to complete the last leg of bullish shark pattern.
Conclusion:
Even though the price action is likely to move more down and this can be also called it bearish rally. But downward move is necessary for the completion of the bullish reversal pattern. Eventually there are strong chances that the price action will take the bullish divergence after the completion of this bullish reversal pattern and we may witness another powerful bullish rally.
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.
HOLOCHAIN has a working product!The team of #HOT #Holochain is working consistantly and has created a real working product.
Plus, they have created a completely different way to "think" blockchain.
Concerning TA, I am a big fan of a upped resistance line, which in green, should be reached by December and generate a x10 in #bitcoin for you.