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HOTUSD

#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
Long
by CryptoAnalystSignal
Technical Analysis of Holo (HOT) 4H TIMEFRAME ON BINANCEHOT/USDT TECHNICAL ANALYSIS BY BLAŽ FABJAN: Bullish Falling Wedge Pattern: The price action indicates the formation of a falling wedge, which is a bullish reversal pattern. The wedge is marked by converging trendlines (resistance line and support line), with the price gradually tightening within the pattern. The breakout from this wedge has occurred with a slight increase in price and volume, suggesting the start of an upward movement. Momentum Indicators: RSI (Relative Strength Index): The RSI is currently around 47.17, indicating neutral momentum. However, there is a slight upward slope, which suggests that momentum is shifting towards the bulls. Stochastic RSI: The Stochastic RSI is at 78.15, near the overbought region, but not yet fully overbought. This could indicate a short-term pullback or consolidation before another upward move. VMC Cipher Indicator: The VMC Cipher B divergences indicator shows bullish divergence, further confirming the potential for upward movement. The histogram is turning positive, which is a bullish sign. Trading Plan: Intraday Trading: Entry: Consider entering a long position around the current price levels or upon a slight pullback, ideally around the 0.001580 - 0.001600 support zone. Target: Target short-term resistance levels around 0.001750 - 0.001800. Stop-Loss: Place a stop-loss just below the recent low or support level, around 0.001550. Strategy: Focus on quick scalps and close positions if there is a lack of momentum. Scalping: Entry: Enter on minor dips or consolidation phases, particularly around the 0.001600 - 0.001610 range. Target: Target small profit levels within 0.001630 - 0.001650 range. Stop-Loss: Keep a tight stop-loss below the 0.001580 level. Strategy: Utilize tight risk management and be prepared to exit quickly if the price does not move as expected. Swing Trading: Entry: Consider entering a long position on the breakout confirmation or upon a retracement back to the breakout zone (around 0.001600). Target: Aim for higher resistance levels around 0.001900 - 0.002000 based on the measured move of the wedge pattern. Stop-Loss: Place a stop-loss below the lower boundary of the wedge, ideally around 0.001500. Strategy: Hold the position over a few days to weeks, depending on the price action and momentum. Conclusion and Trading Advice for Long Position: Bullish Outlook: The breakout from the falling wedge pattern suggests a bullish reversal. However, the RSI and Stochastic RSI indicators are neutral to slightly overbought, suggesting caution for overextension in the short term. Trading Advice: For Intraday and Scalping: Be prepared for quick trades and potential pullbacks. Ensure tight risk management due to the current levels of momentum indicators. For Swing Trading: The breakout is promising for a larger upward move. It is advisable to enter on a pullback to minimize risk and target higher resistance levels. This analysis suggests a cautiously optimistic outlook for HOT/USDT, with the potential for further gains, especially in a swing trading strategy. Always use proper risk management and adjust your strategy according to market conditions.
Long
by elfabiiani
HOT ROAD MAPOn the HOT chart, we have 3 big ABC waves. The time of wave A is about 416 days, the time of wave B is about 550 days. It is expected that the time of C wave will last about 400-500 days. It should be stated that HOT is very interested in triangle patterns. Wave A was a contraction triangle. Wave B was an expansion triangle. Now wave C seems to have 3 waves. that wave a of C is an expansion triangle and we are now in wave b of C. On the green range, it is observed that wave b of C will end and we will enter wave c of C. The targets are clear on the chart. Closing a daily candle below the invalidation level will violate the analysis. For risk management, please don't forget stop loss and capital management When we reach the first target, save some profit and then change the stop to entry Comment if you have any questions Thank You
by behdark
1
HOT is bullishWe have bullish iCHs on the chart. A resistance line has also been broken. By maintaining the demand area, it is expected to move towards the targets. I specified the targets on the chart. Note that the financial market is risky, so: Do not enter any position without confirmation and trigger. Do not enter a position without setting a stop. Do not enter a position without capital management. When we reach the first TP, save some profit and try to move the stop continuously in the direction of your profit. If you have any comments please post them, comments will help us improve our performance Thanks
by iMoneyTeam
Hot Looks HotHi Guys Hot/USDT looks very bullish and ready to breakout of this falling wedge . Actually it broke out an important trend line ( white trend) till now and before the close of the weekly candle , I see a bearish divergence on RSI maybe it will cause a fast correction next week. Even if it did some correction to retest the white trend line again it still very bullish. Plz DYOR. Disclaimer: This article is for informational purposes only and not financial advice. Conduct thorough research and consult with professionals before making investment decisions. Good luck.
Long
by KarimMohsen
10
HOT (Holo) Token Analysis 05/04/2021Fundamentals: Holo is a peer-to-peer distributed platform for hosting decentralized applications built using Holochain, a framework for developing DApps that does not require the use of blockchain technology. The goal of Holo is to serve as a bridge between the broader internet and apps built using Holochain, offering an ecosystem and marketplace in which DApps are easily accessible, as they are hosted on the internet by Holo network participants. The Holo network will be facilitated using a token called HoloFuel, which is actively being tested and will act as an accounting system to pay hosts for their services. In 2018, the project minted an ERC-20 token, HOT — also known as HoloToken — as an "IOU" that will be redeemable for HoloFuel upon launch. Holo is still in development and is expected to launch for open alpha and beta testing by 2021. According to its "green paper," Holo is designed to act as a bridge between Holochain, which represents the world of crypto technology, and everyday users. The project highlights several innovations that it says will "enable a large shift in the landscape of crypto applications and currencies," including the ability to host P2P apps on the internet for mainstream users. The Holo network relies on a series of hosts that provide storage and processing power for DApps built using Holochain. Hosts either install software on their computer that runs in the background and automatically allocates extra processing power to Holochain-based DApps, or they operate a dedicated machine such as a HoloPort. In exchange, hosts are paid in HoloFuel, a token that is specifically designed for microtransactions. The design of HoloFuel is expected to allow the Holo network to process billions of simultaneous transactions. The project's business plan centers on building a P2P ecosystem of hosts and applications, comparing its intended effect on app hosting to that of Uber and Airbnb on the taxi and hotel industries, respectively. Holo charges a fee on HoloFuel transactions, so its revenue model is directly tied to growing the number of applications and hosts on the Networks The Holo network acts as a bridge between the centralized internet and Holochain, which does not rely on traditional blockchain technology. As such, it does not rely on global consensus to secure its networks. Rather, each DApp has its own set of validation rules and a local hash chain on which it can store cryptographically signed records. When data is transmitted across multiple nodes, random peers act as validators, receiving data and verifying that it follows the correct rules. Validators use a gossip protocol to share good data among one another and warn of bad data or blacklist bad actors. According to its development team, Holo is designed to be as decentralized as possible in order to reduce the risks associated with giving any one entity too much power. The connection between hosts and applications is end-to-end encrypted, and Holo uses a globally distributed network of servers. Holo held an "initial community offering" from March 2018 through April 2018. Ultimately, 177.6 billion HOT was minted through a demand-determined process, with 133.2 billion HOT (75%) allocated for public sale and 44.4 billion HOT (25%) reserved for the team and company. Team tokens were not subject to vesting or lock-up periods. Once HoloFuel is launched, HOT tokens will be able to be swapped at a one-to-one ratio for HoloFuel tokens. In January 2019, Holo stated that instead of being immediately burned, the swapped HOT will instead be kept as a reserve currency to provide liquidity to HoloFuel holders. HoloFuel will have no supply limit. Rather, it is designed to be dynamic and incorporate a credit system, allowing users to have negative balances. The supply will be controlled algorithmically, contracting and expanding in response to demand and as the relationships between users with negative and positive balances change. Holo intends for this to cause the price of its tokens to remain relatively stable from moment to moment, rather than be subject to wild, speculative price swings. The live Holo price today is $0.028641 USD with a 24-hour trading volume of $2,286,592,015 USD. Holo is up 18.49% in the last 24 hours. The current CoinMarketCap ranking is #28, with a live market cap of $4,845,112,709 USD. It has a circulating supply of 169,164,199,065 HOT coins and the max. supply is not available. The top exchanges for trading in Holo are currently Binance, HitBTC, Paribu, Gate.io, and Bitrue. HOT can be purchased on cryptocurrency exchanges such as Binance, Bitrue, ProBit Exchange and MXC.COM, among others. It can be traded on spot markets against fiat currencies such as the U.S. dollar and the euro, cryptocurrencies such as Bitcoin (BTC) and Ether (ETH) and the stablecoin Tether (USDT). Are you interested in buying HOT or other cryptocurrencies such as Bitcoin? CoinMarketCap has a simple, step-by-step guide to teach you all about crypto and how to buy your first coins. Holo was founded by Arthur Brock and Eric Harris-Braun, both of whom are experienced contract coders. The two first started working on the project in December 2016 as a part of the MetaCurrency Project, a developer of tools and technology designed to power a future P2P economy. Holo was partially modeled after Ceptr, a cooperative P2P framework for DApps that the two had previously worked on. Brock has prior experience coding alternative currency systems as the founder of Geek Gene, a company that developed community-building tools, including more than 100 alternative currency solutions. He also co-founded social-enterprise incubator Emerging Leader Labs and founded open-source education "starter kit" Agile Learning Centers. In March 2019, Brock was named a fellow of the New Zealand-based Edmond Hillary Fellowship. Harris-Braun started programming full time in 1988 and is the founder of Glass Bead Software, a developer of peer-to-peer communication software, as well as co-founder of Emerging Leader Labs alongside Brock. In 2003, he co-founded Harris-Braun Enterprises, a freelance software development and consulting firm. He has also served on the advisory board of the Schumacher Center For New Economics. Technical Analysis: as you can see the price has done its accumulation phase and now started its up move MACD is very Open to have more Bullish wave there are total of 4 Targets defined by Fibonacci Projection of the initial impulsive wave. the 2 TP gets its confirmation as soon as the price Triggers the 1 TP. rest Targets are on the line to go with some Price Correction and Retracements along the way to the Top Targets this position may take few months but it is worth of investments
Long
by BitonGroup
20
#HOTUSDT Finds Double Bounce for Potential Upside💎Based on our analysis of #HOTUSDT, we have observed a strong bounce off the 227.2% Fibonacci retracement level, which has been tested and respected twice. This indicates a positive short-term outlook for #HOT, with the price likely to approach key resistance levels. 💎The first notable resistance is found at the previous supply/demand zone around $0.0018, while the second and more significant resistance is located at $0.0020. The importance of this second resistance is reinforced by the VolumeProfile and 61.8% Fibonacci retracement levels, suggesting it could play a crucial role in shaping future price movements. 💎However, it is essential to closely monitor the recent support level, as a break below could attract additional selling pressure. Stay attentive to potential developments in this market.
Long
by MyCryptoParadise
Do you believe in cycles?Holochain was a great investment in the previous cycle as it ran against ETH more than 10 times. I think if you're looking to increase your ETH position then accumulating Holochain would be an amazing strategy. In the previous cycle you can see the amount of time it took for the HOT/ETH pair to bottom out and took roughly 7 weeks to complete its bullrun. If this is supposed to happen again then time wise we are approaching the area that it should. Sadly this is a speculative play but when I look at the tokenomics behind HOT I can see that all tokens are in circulation, meaning there are no unlocks left and there is no staking as the FDV is equivalent to its Market Cap. I am accumulating as the risk to reward for now is in my favour. Have a great week folks.
Long
by Monovon
1