HOT Trend - 30 March 2021 This is Not Financial Advice
1. Update Trend from HOT Trend Idea
2. Next target HOT on Yellow Line & Green Line
3. For now, most likely it will be in Area 1 (Sideways) until there is candle confirmation on CP1
4. Be careful, HOT can be on Area 2 for correction
Notes
* CP is CheckPoint
Hotbinance
HOT/BTC TA Update (Back to the Accumulation Zone?)HOT/BTC
HOT went up to 80% from 8 - 13 sats last Oct and now the price is back to the accumulation zone area.
HOT is painting a triangle pattern and is likely to continue respecting its trend-line resistance for the next 2-3 weeks.
HOT must key current price at 8-9 sats to provide a higher chance of breaking bullish with this pattern within a month.
It is still not a good idea to buy this asset yet as the price will consolidate in this region for a few weeks and bullish technical setup can easily invalidated.
HOT Has Completed Bullish Setup For Upto 900% MoveHolo Coin has well managed its position to be in top 50 cryptocurrencies out of more than 2300 coins as per coinmarketcap data, at the time of writing it is ranked at 44th position. Since July 2018 the price action of Holo / Bitcoin is moving within a descending triangle, on Oct 2019 the price action broke out the resistance and now after price correction the price action is again hitting at same support level of 0.0000007btc.
In the mean while the price action is also hitting the lower support of Bollinger bands and the Bollinger bands is squeezed and moving sideways the MACD is also bullish and in the meanwhile the price action is forming a bearish Shark pattern lets have a look on dimensions of this pattern.
After the initial X to A leg the A to B leg is retraced between 0.382 to 0.618 Fibonacci and then B to C leg is retraced between 1.13 to 1.618 Fibonacci, sofar the pattern is perfectly driven as required for bearish shark pattern and now the priceline is moving in potential reversal zone of this pattern now here we have 3 supports.
1. The support of descending triangle
2. The Bollinger bands support
3. The firm support of potential reversal zone of bearish Shark
Now we can expect the bullish divergence at any time that will trigger the formation of final leg of Shark upto 1.13 to 1.618 Fibonacci however I have defined 2 types of targets one is secure targets between 0.382 to 0.786 Fibonacci and second is aggressive target upto the completion of Shark’s final leg as below:
Buy between: 0.00000013 to 0.00000005
Secure sell targets:
Sell between: 0.00000020 to 0.00000034
Aggressive sell targets (Upto the completion of shark's leg)
Sell between: 0.00000042 to 0.00000050
Enjoy your profits and regards,
Atif Akbar (moon333)
$HOT IS A GEM ON #BINANCE THAT YOU SHOULD TAKE A LOOK!Imagine this,
You're new into crypto-stuff, and then you see green everywhere but don't know where to start. Once you deposit your fiat, you really get confused. If you buy the green candles, you remind the OGs said that don't chase pump. You're afraid that your beautiful wish to be profitable trader, become a nightmare because you don't pick the right choice.
So, you do your own research.
While searching here and there and gathering the information, you saw my post. I post about $HOT.
This is really interesting, becasue $HOT is having their own product built. Have a decent growth so far and it's not too much to ask at least 50 sats or below 100 sats. I think I'm also agree that great things take time, and you have no problem with that. Then you convert your fiat money into $HOT holding.
Let's see, what it will become.
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TIPS: PATIENCE & PERSISTENCE ARE KEY TO SUCCESS
RISK WARNING: Cryptocurrency investment is subject to high market risk. Please make your investments cautiously. I will make best efforts to bring profitable signals, but will not be responsible for your investment losses or profit.
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