#HOT/USDT#HOT
The price is moving in a descending channel on the 1-hour frame
And it is sticking to it well
We have a bounce from the lower limit of the ascending channel and we are now touching this support at a price of 0.001550
We have a downtrend on the RSI indicator that is about to be broken, which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 0.001570
First target 0.001612
Second target 0.001643
Third target 0.001678
Hotbtclong
#HOT/USDT#HOT
The price is moving in a descending channel on the 12-hour frame and is sticking to it to a large extent and it was broken upwards
We have a bounce from the lower limit of the channel price 0.001440
We have an upward trend on the RSI indicator which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 0.001600
First target 0.001800
Second target 0.001957
Third target 0.002135
HOTBTC | Setting higher highsThe price is setting higher highs and such low cap coins have a great potential to thrive to the upside
T1: 0.00000009
T2: 0.00000010
T3: 0.00000012
SL: 0.00000006
Thank you for reading, hope you have a good day!
HOTBTC: STRONG BUY ON DEMAND ZONE.THIS IS RISKY TRADE BUT VERY GOOD SETUP.
Buy HOTBTC: 8 Satoshi
1st Target : 12 Satoshi
2st Target : 18 Satoshi
3st Target : 42 Satoshi
Stop Loss : 6 satoshi
Mid Term Trade
Note : This is Only for Risk Taker.
There is 25% and 377% Reward.
Note: This is only for Educational Purpose this is not Investment advice.
Thanks
Adil Khan.
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)
HOLOBTC formed bullish Gartley | Upto 50% bullish movePrice action of HOLO / Bitcoin has formed a bullish Gartley and entered in potential reversal zone.
This PRZ area should be used as stop loss in case of complete candle stick closed below this area.
I have used Fibonacci sequence to set the targets:
Buy between: 0.00000009 to 0.00000008
Sell between: 0.00000010 to 0.00000012
Regards,
Atif Akbar (moon333)
HOTBTC: Weekly Flirting With TD Green Price FlipTo elaborate on the Daily bullish view of HOT/BTC :
Bullish divergence on the CMF (compared to bearish on the Daily time frame).
RSI beginning to find support from breaching oversold conditions at 30.
TD Sequential reached an aggressive 13 (as far as TV algo goes).
Weekly candle is flirting with a green 1 when 9 sats or above.
MACD yet to bull cross but coming closer together.
Bullish divergence aside, I'm liking the simplistic sequential weekly view at the moment:
The last time a green 2 went above a green 1 was in January 2019, the price rose 20 sats to 46 ATH within 2 weeks.
The price therefore could breach the falling channel resistance first time (on a green 3 going above a 2).
Next week could active the first long trade on HOTBTC for 9 months, based on the sequential system.
Resistance levels modified for weekly view: 12-14, 21-23, 28-31 as well as 46 ATH.
HODL for dear life?
HOTBTC formation of bearish Shark | Upto 900% gains expectedPriceline of Holo / Bitcoin cryptocurrency is forming a bearish shark pattern and entered in potential reversal zone.
Price action has hit the support of 0.00000007 sats which is not broken since July 2018.
After hitting the support the MACD is turning bullish.
RSI was in oversold and now turning bullish.
Volume profile of complete history of price action is showing very weak interest of traders below the 0.00000007 sats support.
We also have a strong resistance at 0.00000041 sats which is not broken since Jan 2019 therefore I have defined some secure targets and some aggressive targets(Upto the completion of leg) using Fibonacci sequence the price action will hit the sell targets soon insha Allah, but do remember it can be a long term trade and will need some patience:
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)
HOTBTC: Consolidation, Bullish Divergence
HOTBTC Price has reached it's Binance August 2018 low* of 8 sats.
Currently consildating in a range between 7 & 10 sats for over a month.
Testing 50 Day MA, 100 Day MA is in line with falling channel resistance.
Bullish divergence on the RSI & MACD even if CMF looks tragic.
Long-term targets: 18-20 sats (2x), 24-26 sats (3x) as well as ATH 46 sats (4x).
Waiting for a break and close above 10 sats (green dotted line) for long-trade.
Anticipating a test of the 100 Day MA / falling channel resistance prior to breakout.
*ATL currently at 6 sat June/July 2018, where price consolidated for a month.
This is the third time HOT has entered a consolidation against BTC for a period of around of more than a month.
The first time in 2018 the price went from a low of 6 sats to 22 sats (3.5x), the second time in 2019 the price moved from 11 to 46 sats (4x). The price is now back between 6-11 sats, so go figure. Stop losses should be 5 sats for below for macro traders.
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HOT Thoughts$HOT
We could see a pop to the 21-22 sat area from here, however, we are still in a downtrend with the corn pumping, so personally I'm not expecting much more at the moment. If we break above 22 and turn it to support, game on.
HOT BULL$HOT
Looking bullish af. Strength growing on the daily, currently at resistance. Thoughts in chart.