Holochain- PUMP IS NOT OVER!Holochain Update
$HOT/USDT
First Target Reached
Price has retraced slightly since we have reached this target, a descending channel has formed and price has recently broke upwards. This is a bullish sign and a move past the previous resistance (our first target) should bring us to our second target very soon!
See my previous post for the precision of the first target and exactly where I think we may find resistance next.
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Happy Trading :)
Holousd
HOTUSDT has hit the pennant support | Upto 175% expectedPriceline of Holo / Tether US is moving within a pennant and has hit the pennant support after March 2019.
The price action also has hit the lower band of bollinger bands for the 1st time ever and in the meanwhile the MACD has turned weak bearish and soon it will be turned strong bullish from strong bearish and Stochastic has given bull cross from the deep of the oversold zone.
Price action has Strong support at $0.0007730.
I have used Fibonacci sequence to set the targets:
Sell between: 0.0014308 to 0.0021265
Regards,
Atif Akbar (moon333)
HOTUSD: Decision Time - The Countdown Phase
TD Sequential support from the red 9 is at $0.00068195 (red dots), at bottom of horizontal support area.
If sequential/horizontal support is broken to the downside, expect a breach of the falling channel to the next support.
Waiting to see what happens in the countdown phase, whether the sequential will flip green soon or carry on red.
There's a similarity in the November-December 2018 consolidation (in organge) but far from convincing.
The projected bars are taken from the most substantial rises (January 2019) and crashes (November 2018).
This is the first time the Weekly TD Sequential has reached a 9 or 13 for the HOTUSD pairing.
Indicators all look bearish on a weekly scale and don't look much better on the Daily either.
Upside target: $0.0037 (+360% NATH) / Downside target: $0.000385 (-53%).
FYI-ATL: $0.000341 on June 29th 2018, not December 2018 low.
Possible Upwards Breakout (Bullish Divergence)Bullish Divergence shown by the RSI (Higher Lows, Lower Highs) / (Lower Lows, Lower Highs) on Market Price
Finding Support from previous resistance
MACD showing bullish signs
HOT - CRYPTO WITH OVER 1,000X PROFIT POTENTIAL - CryptoManiac101NOTE - THIS IS NOT A TA ANALYSIS - THIS IS MY 12+ MONTH PRICE PREDICTION FOR HOT CRYPTO
What's HoloChain HOT?
It's an open source framework for creating decentralized apps. Holochain the company is hosting on top of this framework. Theoretically you're able to build a Bitcoin like ledger on top of HoloChain network or a private blockchain such as Ripple or virtually anything else. They do compare themselves to Ethereum like network and rightly so.
At the end of the day, is there profits to be made by investing in this project?
YES
Are there potentially major profits upwards of 1,000X to be made?
YES
Should you invest in it?
DYOR and possibly dedicate a small percentage of your portfolio into this project
SUMMARY
They can be described as the 'next generation' of blockchain and are just starting off. With a cost of just around $0.001 - it's definitely not a bad investment and after you do some research, I think you'll come to same conclusion!
Don't invest what you're not able to afford to lose, this is crypto after all.