HOT/BTC cup and handleBINANCE:HOTBTC
Hot/BTC making the handle and break of the previous ressitance will make you huge potential gain of 40%.
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HOTBTC
$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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HOTBTC: Just heating upHolochain might still be heading for a double bottom before a more significant breakout.
HOLOCHAIN ON THE RISE BULLISH MOMENTUM Looking at this very likely scenario that will be unfolding in the coming days this pullback was forecast and much due after the massive rally that HOLOCHAIN had this week. as sellers begin to sell and take some profits we will see a small pullback and buyers begin to look for opportunity in this market to trade we will most likely see HOT retest the high creating a double top from there on depending on the market sentiment we will see another 7% loss from the next all time high unfold before heading higher. I honestly see HOLOCHAIN at 0.01 very soon its a project with real utility case and promising.
This is not financial advice only for entertainment purposes.
Holo Triangles Produce Massive Bullish Breakout! (291%+ PP)How are you doing today? I am hoping you are having an amazing weekend... Now, let's take a look at this chart.
Here we have Holo (HOTBTC) and two beautiful descending triangles.
Notice how the first triangle on the left created a flat bottom from which it produced a violent and highly profitable breakout to the upside... We are seeing a similar pattern develop now.
Before the bullish breakout of the first triangle, we can notice bullish divergence showing up on the MACD. This same signal is now also in play (purple dashed arrow).
On top of this pattern, I also calculated the potential profits of a bullish breakout using Fib. proportions and we are looking potentially at 290% profits if the same situation repeats.
A word of caution, HOTBTC can still move lower before producing a breakout to the upside. Always make sure to set a stop-loss and have a trading plan before buying any altcoin, so you can know your next step regardless of what happens.
Some of these signals are very convincing and we tend to like what we find out, but the truth is that the market is unpredictable and can move in any direction, so it is good to always prepare for all scenarios.
For example, if a drop takes HOTBTC to 20 satoshis and you are prepared for this, this is no big deal, as you can simply wait it out or act as planned.
But if you are unprepared, you might think that is going lower, you might get nervous or scared and sell at the wrong price at a loss. That is why having a plan is always recommended when trading with us.
Thanks a lot for reading.
This is Alan Masters... Feel free to hit like to show your support.
Namaste.
Holo Triangles Update (Buy-in After The Retrace)Remember our Holo (HOTBTC) triangles, from our last update?
Looking at past history, we can see how Holo (HOTBTC) produces a descending triangle on its correction before breaking out to the upside.
We saw a really strong move after a low was hit on the 13 May. This impulse lasted until yesterday, 21 May, and generated over 92% profits. On the retrace, we can see that today's candlestick is back within the triangle.
Support can be looked at around the 19-21 satoshis range. 23 satoshis if HOTBTC remains really strong.
Once HOTBTC finds support, we can buy-in and go long.
Chart signals:
First wave went from 15 to 29 satoshis breaking above multiple resistance levels.
EMA100 (24 satoshis) is the immediate resistance. Needs to be broken and close above for additional bullish action.
EMA200 (22 satoshis) is the immediate support. Needs to be broken for further retrace.
The arrows on the chart mark two of the main potential scenarios. This is not what will happen, but what can potentially happen.
This is not financial advice.
All information is shared for learning and entertainment purposes only.
Thanks a lot for reading.
Namaste.
HOT needs volume to stay HOTHOLOCHAIN recently broke out of a bullish flag pattern last night for a roughly 20% gain. Props to those who jumped on this, you made a nice little profit.
As of the time of this writing it is struggling to break past 27 sats and is hovering around 25-26 sats. My prediction is that it will fall to 55MA before possibly resuming an upward trend. But it needs good volume to do this.
HOT Will Follow BTT...!!#HOT/BTC (Update)
Looking Awesome In Bigger TF..
Breakout Pending..
If Your #BTT Ride Missed So Don't Miss The #HOLO Train..
If Broke Out The Wedge Then Possible Targets 24-27-30 Sats
HOT/ETH (Similar)
In Ether Pair Already BrokeOut..
One Of My Favorite Coin With Strong #FA's
Safe Heaven For Midterm & Long term..
Hit Like For Our Motivation...!!
HOT Thoughts:HOT
Found some recent buy volume, however I'm not convinced that we're out of the woods just yet. I'm thinking scenario (2) is more likely here (retrace to green support).
If we break white box to the upside, I would consider longing the retrace. We're still in a downtrend.
$HOT looking like a good opportunity for the next bull runHere is Holochain (Hot) on a daily chart, going back to September.
You can see we have bottomed out in Sat price since January of 2019, after the large run in February up to 46 sats.
Bitcoin was in the 3000-4000 range so the sat value is not as important as USD value which has been steadily increasing as Bitcoin climbs higher.
Currently we are reaching ATH in $USD at around $0.00158, and could easily break this.
The RSI at the very bottom is at 53 which is healthy for a rising coin.
All in all , I think this is the start of the next bull run and holding your own set of coins will be the deciding factor in long term success. Holochain presents a unique idea to solve the many problems with the internet, social media and the banking system.
This coin has also been trading for less than a year, so long term growth is more than likely.
HOT - HOLO IS APPROACHING THE BUY ZONEBINANCE:HOTBTC is reaching a zone of very strong support. It is still a new project and would give a perfect opportunity for a long term hold.
Buy-Signal:
Holo is trending upwards but doesn't form a clear support and resistance SuppertrenD channel. There is not a defined support channel, so we can only rely on the logarithmic trendline and the 0.886 from the recent top. Since holo is hitting this support with strong momentum, we can assume that we will at least get a bounce there. It is hard to define targets because there is not much data available. The recent dumped definitely confirmed a new resistance channel which gives us an indication of the next price resistance by applying a simple linear regression. Unfortunately Holo is still downtrending and the resistance channel is depending on time. We can be quite certain about the support zone, but not too clear about the target yet.
Buy HOT between 14 and 17 Satoshi. Liquidate the position if we crack 10 Satoshi in an overall bearish market environment. This trade is quite on the risky side, but the upwards potential justifies the risk.
I hope that was helpful.
Best,
Felix Kewa
Holo/Bitcoin/Tether (13 May) #HOT $HOT #BTC $BTC #USDT $USDTMFT is moving in the Falling Wedge formation combining Wolfe waves, this is a bullish formation and we can expect the target to 60-62 within 1 week. However, according to me, MFT is not in safe price range for holding long-term. Because MFT owes us 1 leg in 40-45 zone.
I suggest to buy at 49-50 range and sell around 60-62. Then set alarm at 40-45 zone and buy for holding long-term
Stoploss if price falls off the big Falling Wedge fomation, is below 40
BITCOIN: Question of the month - does it have any value?People certainly think that Bitcoin has value! How do I know? Because there is incontrovertible evidence that in recent days people have gone greedy for it. However there is expert opinion (which shall remain nameless) that Bitcoin is NOTHING and has no value at all. I'm really amused by this opinion because it flies in the face of evidence.
The chart shown in this screencast is the evidence of BTCUSD running a very hot RSI again! Billions have been spent buying this thing that is called 'nothing' by the good and great.
Arguments for Bitcoin being ' nothing ' is that it is ' thin air '. Oops that must mean that when I transfer fiat money wirelessly I'm transferring 'nothing' too - cuz I certainly do not transfer metal or paper money when I use my credit or debit card.
A few months ago I even showed that it is now possible to transfer solid Gold electronically - which now makes Gold to be 'thin air' - if this so-called expert out there (nobody on Tradingview) is correct.
What many a guru out there fails to understand is that the value of anything is what people are willing to attach to it. But some people then argue that a) BTC is nothing and b) it has no intrinsic value . Of course most of the people who chunter about 'intrinsic value' cannot define what they mean. All value is represented by how much people are willing to exchange for some 'thing'. The 'thing' certainly does not need to be physically tangible in the hand. Why? How? Because most (fiat) money in the world is not held in the hands - these days.
A measure of value is also how much effort, labour or service one may be willing to exchange to acquire 'the thing'. There was a time when money did not exist. That did not mean that nothing on earth had value! Way back then, value in physical form may have been represented in food items e.g. sacks of potatoes, livestock, water etc. So - if you lived back in that time, you might be willing to exchange so many hours of work for potatoes. You might then trade your potatoes for something else you wanted to acquire from somebody else.
Even stocks/shares are 'thin air'. The piece of paper stating your ownership is only proof of promise and a record. To trade the stock you gotta do that via a broker etc - and that activity is electronic, in the vast majority of cases.
'Value' and some 'things' exist only in the mind. BTC is the result of a mathematical equation and its value exists as 'thin air' in the minds of people - as does all value.
Today Bitcoin is a vehicle of value for something. It doesn't matter if it is made out of thin air.