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.
Hotbtcprice
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)
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/BTC IS LOOKING HOOTT TODAY - Day Trader ExplainsLads and Ladies,
Welcome back to TJs' Trade Corner, today we will be taking a look at HOT/BTC after it got some nice attention online, let's see what is actually behind the hype of your favorite shillers.
There are multiple points that I want to cover and we will start with market structure.
Clearly, as many have seen it, we have a falling wedge. This falling wedge has been drawn exactly on the line-chart, where we go only for the closes. I see that there is a second possibility for a falling wedge, focusing on the wicks. Nevertheless, the closing prices have more weight to it and since it aligns perfectly, I stick with them.
The second step is to look at the retracement itself. We see that HOT/BTC had an immense push, yet everthing that goes up, must come down again. This happened here as well, we come once again to a point where is our uptrend broken? To which point can we retrace before the uptrend is officially broken and there is no reason to long anymore?
This is the 61.8% line of the Fibonacci tool. As we can see we are exactly at this point right now and normally we see a strong bounce at these levels.
I have to say, here the Fibs start at the start of the clear uptrend, but end below the very top of it. This is because I want to always have at least 3 confirmation points for any horizontal- or trend-lines.
After identifying the structure, key levels and the trend, we take a look at the volume. Here, the volume has been very significant during the uptrend, yet during the retracment, the volume has been nowhere near significant levels: Still, we had some buy volume spikes in that time, where it should be exactly opposite. This is a clear sign that this is just a retracement and not a new downtrend. Giving us the best foundation for a long position.
Looking next at the TJ-Stoch, we see it trending up, during the retracement, which is a bullish divergence and a good buying opportunity. Moreover, we just saw a crossover and can expect a nice push pretty soon. Especially, if we stay above the 40p line.
Now, lets take a look at what is necessary for a clear breakout.
To be sure of a nice and clear breakout, we need to see a daily close above the 50% Fibs line. At that point, we would have a clear break of the retracement, also, significant volume should be important. The medium target would be at 33 sats, yet it could continue with a 200% push if we break the previous high.
This trade has been published before in my private learning group "ETG".
We are going over many observations and possible trades very frequently.
It is meant for only those who are really interested in becoming a self sufficient trader and learning about all the secrets of trading.
Should you be interested in ETG or the indicators I use, join my discord channel and say hi in chat, then I will give you a free trial for which you might be interested.
Like and Follow me and you will find the space interesting because I am a TA expert and professional day trader in crypto since 2012 that does daily updates and new posts about the hottest and most discussed coins.
Cheers TJ
HOT : HOLOCHAIN Making Descending Triangle !!HOT Making Descending Triangle if Breakout up side then We can Picked some token between 13-14 Satoshi then see Good Movemnet in Prices.
if Break the 13 Satoshi Support Levels then We Can See Drooped in Price then we have Good Opportumity to Pick Coins Between 7-8 Satoshi.
No Need Stop Loss if you Buy for Long Terms. if You Bought this Coin For Mid or Short Term then you can take Risk own Money
Management.
I hope that Price can Move From Buying zone.
Share Your Opinion in Comments.
if You Satisfied With My idea Then Dont Forgot To Hit Like.
Warning- I m Not a Financial Advisor this idea Only For Educational Purpose Only.
Thank You !!
HOLO trading opportunity on Binance, HOT/BTC HOT IS HOT!I have been watching this coin for a while now, it has been recently added to Binance and it has a good 24h volume which mean sthere is a lot of interest shown in this coin and with the bullish market we have I expect it to make a new ATH however as it has already spiked I am expecting a downward movement. And 4h MACD bear cross coming, STOCH moving to oversold area so I expect the price to come and hit the uptrend before it moons, therefore 0.0000008-9 BTC would be a solid buy-in for and I am thinking of riding the wave till we reach 0.00000016 BTC sell a bit there but I do believe that there is a good chance of double up so will leave a bit and sell at 0.00000021 BTC.
Good Luck, Traders! #moon #mooncommunity