HOTUSD
HOTUSDT looking for the buying point ......Traders , today i just realised that we broke the trend line wich shows us the end of the bump phase in my opinion . we should see a re=test of the trend line. The trend line throwback (without breaking it) would be my bying point ( beetween 0.00039 and 0.00044 ) for a maximum return .
Please, let me know what you think in the comments section . Trade SAFE . Ben.
HOT/BTC (Bullish pattern: up to 90% profit)HOT/BTC
HOT manages to get inside this bullish descending channel and formed a divergence on the daily RSI condition.
If this is the potential bottom of the pattern. Our upside target is up to 10 sats.
The stop-loss is a daily candle closed below 4 sats.
HOTUSDT formed bullish Shark | Upto 47% move expectedHi friends hope you are will, on 3rd Jan 2020 the Holo (HOT) formed a bullish Shark pattern and I posted chart on this move as below:
The priceline took bullish divergence as predicted and produced more than 63% gains.
A Formation Of Another Bullish Shark Pattern:
Now the priceline of HOT has formed another harmonic bullish Shark pattern.
Let’s dig the pattern deeper to see how perfect the pattern is formed:
After initial leg (X to A) the A to B leg is retraced between 0.382 to 0.618 Fibonacci and then B to C leg is projected between 1.13 to 1.618 (here I have ignore little spike coz all other legs are formed perfect) of A to B leg's Fibonacci projection and final (C to D) leg is retraced between 0.886 to 1.13 Fibonacci as required for perfect bullish Shark and now we are entered in potential reversal zone of this bullish Shark pattern, now we can expect bullish divergence at any time which will lead the priceline between 0.382 to 0.786 Fibonacci projection of C to D leg.
Buying And Sell Targets:
The buying and sell targets according to harmonic Shark pattern should be:
Buy between: $0.0006406 to $0.0005817
Sell between: $0.0007152 to $0.0008563
So this time we can expect up to 47% bullish move.
Stop Loss:
The potential reversal zone area which is up to $0.0005817 can be used as stop loss in case of complete candle stick closes below this level.
HOTUSDT formed bullish Shark | Upto 102% move expectedPriceline of world's 45th largest cryptocurrency Holo (HOT) has formed bullish Shark pattern and entered in potential reversal zone.
This potential reversal zone should be used as stop loss in case of complete candle stick closes below this zone.
Let’s have a look on the dimensions of HOT price action's moves:
After initial leg (X to A) the A to B leg is retraced between 0.382 to 0.618 Fibonacci and then B to C leg is projected between 1.13 to 1.618 of A to B leg's Fibonacci projection and final (C to D) leg is retraced between 0.886 to 1.13 Fibonacci as required for perfect perfect bullish Shark and now we are entered in potential reversal zone of this bullish Shark pattern, now we can expect bullish divergence at any time which will lead the priceline between 0.382 to 0.786 Fibonacci projection of C to D leg, but after this bullish divergence if the candles sticks will be closed above 0.786 Fibonacci levels then it can also lead to the long term bullish move.
As per Fibonacci sequence method we can set our targets as below for mid term trade:
Buy between: $0.0005796 to 0.0004574
Sell between: $0.0006855 to $0.0009268
So this pattern has potential to produce upto 102% profit
Regards,
Atif Akbar (moon333)
The harmonic moves analysis involves hours of hard work and determination however the success of harmonic trading in fiat and cryptocurrencies is around 80% therefore it is always important that you follow any stop loss strategy while trading harmonic patterns I have also shared a stop loss idea in this article, the information in this article is for educational purpose only this is not intended to be investment advice, I have tried my best to catch the harmonic moves as per predefined classical harmonic bullish Shark pattern if you find any flaw or you have any suggestion feel free to share with me in comments section.
#HOTUSDT On The Verge Of Breaking Out?So far so good with this, looking pretty neat as a possible breakout, could chance a decent stop at approx 3% with a high upside reward on a breakout move.
Be careful of the rest of the market having a correction but so far looking pretty good with BTC dominance coming down and the total2 charts coming down...
HOT/BTC Technical Overview#HOTBTC Overview:
#HOT Try to Break Resistance.
If Breakout confirm then We can set our Sell order.
I am placing buy bid 7/8 Sat.
if fill then good otherwise I will buy at breakout.
Support: 7 Sat.
Resistance : 12/16/24 Sat.
Please like and follow me for latest Crypto updates.
Thank you
HOT / USDT Falling Wedge. Target from +50 to 150%.A downward wedge has formed. This pattern may become a reversal pattern of this trend.
The price is now near the break of the downtrend line.
If the price fixes above the resistance line, the potential for upward movement and the development of the target of this figure.
ENTRANCE
On a breakthrough or rollback after breaking a wedge resistance line (red line).
TARGET
First target - + 50%
The second target is + 150% (if the price fixes above strong resistance, a zone near the yellow line).
You also need to understand that this is a cheap pump coin, the goals are arbitrary, as during a trend reversal they can raise prices short-term by hundreds of percent, which has happened more than once (see the HOT / BTC chart).
If the price fails to consolidate above the downtrend wedge, then the potential price reduction is within the boundaries of this figure. Therefore, the entrance is only at a breakthrough or pullback after breaking through the line of resistance of the wedge.
The main liquidity during the movement will be on the HOT / BTC pair.
A pair of HOT / USDT can be used to disperse prices. Therefore, who does not have a big position is more interesting to work on the HOT / USDT pair.
Stop loss
Under key support levels during your entry into the market.
Do not forget to move Stop Loss during the price increase, but take into account the volatility of the coin.
The trading idea of this coin is to Bitcoin.
HOT/BTC Price behind the downtrend line in the lateral movement
WHAT ABOUT HOT?What do you think about $hot?
Relatively newbee in the crypto market, i would like to know from $HOTers about fundamental analysis of this token...
Give me 3 reasons to invest in this.
Thanks a lot...
Best Regards
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.
$HOT - Full Retrace. Retest in. Let's go!$HOT has fundamentals coming up over the next week or so (Before end of year).
A complete retrace along with a retest/hold of previous range.
I'd say she's ready for launch!
One to watch!!
HOLO Trading planHolo (Cloud Storage)
Holo is the first step toward a decentralized hosting ecosystem.
ICO Token Price: 1 HOT = 0.00015 USD (0.0000002267 ETH)
Disclaimer:
We are not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature,
and are therefore are unqualified to give investment recommendations.
Always do your own research and consult with a licensed investment professional before investing.
This communication is never to be used as the basis of making investment decisions, and it is for entertainment purposes only.
HOTUSD - ASCENDANT CHANNEL + BULLISH INDICATORSAfter BTC found kind of support, some alts could move upwards. HOT is planning going inside this ascendant channel, after breaking EMAs. Lets see the indicators:
1.- MACD signal crossing ZERO line.
2.- ADX entering again to trendy area with DI+ dominating.
3.- RSI over 50
4.- Stoch crossing bullish.
5.- Volume entering after finding support.
Not advice, just my journey!