HOTUSDT
HOT-4h - Ascending triangle in progresHOT-4h - Ascending triangle in progres
REMEMBER that a lot of investors sell stocks or crypto for fiscal conditions in 2024 to close the year.
For that, we have low buy liquidity , and even with that pressure on the price , HOT is trying to remain in the same range as 1 week ago, so a breakout can restart a new HH , so patience.
Im bullish on it if the 0.0027usd resistance its broken and became a support.
HOTUSDT Idea | LongHOTUSDT Technical Analysis
The BINANCE:HOTUSDT HOTUSDT price has recently broken out bullishly from a descending trendline. Following this breakout, the price is experiencing a correction towards the $0.002350 support level.
It is anticipated that the price will find support at this level and resume its upward trajectory. The first target for this uptrend is projected to be around $0.002615. The final price target is in the vicinity of $0.002750.
Trading Recommendation:
It is recommended to enter a long position after the price surpasses the $0.002500 level, confirming the upward momentum after the correction and bounce back from the support.
Summary:
Breakout: Bullish breakout from downtrend
Correction: Currently correcting towards $0.002350
Support: $0.002350
Target 1: $0.002615
Target 2: $0.002750
Entry: Above $0.002500
Disclaimer: This analysis is for informational purposes only and should not be considered as financial advice. Trading cryptocurrencies involves significant risk, and it is crucial to conduct your own research and consult with a financial advisor before making any investment decisions.
HOT Token: 12-Hour Chart AnalysisKey Observations: BINANCE:HOTUSDT
Market Structure: The price is trading within a defined range, showing consolidation with minor deviations.
Recent Movements:
A local high was formed, followed by a retracement to the midline of the range.
Potential for further deviations around key support or resistance zones.
Indicators:
My Trade On indicator suggests caution, as signals have aligned with resistance levels.
No clear confirmation of a significant inflow or outflow of capital on the Money Power indicator yet.
Awaiting a test of the Buy Line on my Take Profit indicator for potential confirmation of an upward move.
Expectations:
Awaiting a test of the range's lower boundary for potential accumulation.
Watching closely for bullish signals to indicate the next upward move.
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✅ Disclaimer: Please be aware of the risks involved in trading. This idea was made for educational purposes only, not for financial investment purposes.
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#HOT (SPOT) entry ( 0.0019- 0.0024) T.(0.0083) SL(0.001835)BINANCE:HOTUSDT
#HOT/ USDT
Entry ( 0.0019- 0.0024)
SL 1D close below 0.001835
T1 0.0036
T2 0.0061
T3 0.0083
1 Extra Targets(optional) in chart, if you like to continue in the trade with making stoploss very high.
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Golden Advices.
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* collect the coin slowly in the entry range.
* Please calculate your losses before the entry.
* Do not enter any trade you find it not suitable for you.
* No FOMO - No Rush , it is a long journey.
Useful Tags.
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#Manta #OMNI #DYM #AI #IO #XAI #ACE #NFP #RAD #WLD #ORDI #BLUR #SUI #VOXEL #AEVO #VITE #APE #RDNT #FLUX #NMR #VANRY #TRB #HBAR #DGB #XEC #ERN #ALT #IO #ACA #HIVE #ASTR #ARDR #PIXEL #LTO #AERGO #SCRT #ATA #HOOK #FLOW #KSM #HFT #MINA #DATA #SC #JOE #RDNT #IQ #CFX #BICO #CTSI #KMD #FXS #DEGO #FORTH #AST #PORTAL #CYBER #RIF #ENJ #ZIL #APT #GALA #STEEM #ONE #LINK #NTRN #COTI #RENDER #ICX #IMX #ALICE #PYR #PORTAL #GRT #GMT #IDEX #NEAR #ICP #ETH #QTUM #VET #QNT #API3 #BURGER #MOVR #SKL #BAND #ETHFI #SAND #IOTX #T #GTC #PDA #GMX #REZ #DUSK #BNX #SPELL #POWR #JOE #TIA #TFUEL #HOT
#HOT/USDT Ready to go higher#HOT
The price is moving in a descending channel on the 1-hour frame and sticking to it well
We have a bounce from the lower limit of the descending channel, this support is at a price of 0.0078
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 0.002423
First target 0.002543
Second target 0.002695
Third target 0.002844
HotUsdtyou think holo can touch 0.09 ?
this triangle can happen?
Keep your hopes up. This goal is very high, but Hot has also shown that it is an old currency and has been able to maintain itself so far and in all crises.
You can't look so optimistically and this is not a miracle. But if you've done your own research, I'll leave you with an analysis of possible prices, I hope it helps
GL
EntryPoint:
0.003025
0.002805
0.002477
Supports:
0.002222
0.001846
0.001527
0.001170
0.000830
Resistance:
0.004025
Targets:
0.005793
0.009187
midtime:
0.011700
0.016550
HODL:
0.031610
0.050258
0.090298
These goals are very difficult and have been done separately from inflation and fundamental analysis of this currency. The only technical analysis is a chart and it is better to do the fundamental research yourself.
Good Luck
#HOT/USDT Ready to go up#HOT
The price is moving in a descending channel on the 1-hour frame and sticking to it well
We have a bounce from the lower limit of the descending channel, this support is at 0.002700
We have a downtrend on the RSI indicator that is about to break, which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 0.003323
First target 0.003700
Second target 0.004027
Third target 0.004440
HOTUSD - Bull Target 0.01Price likes to double bottom along the lower solid green line, last time this was seen a large bull move followed. Right now this double bottom is presenting itself again so I assume a bull move is following.
The dotted green line is the target for bulls, I have shown my price action thoughts with the bars pattern tool.
Daily timeframe.
Crypto (HOT/USDT) Long Setup (4H Timeframe) 🔍 Trading Plan
This is a long trade setup based on Elliott Wave analysis and key support/resistance levels.
📉 Trade Details
Entry: 0.002834
Price is near a strong demand zone and aligns with support at the Wave (4) level.
Stop-Loss : 0.002590
Positioned just below the demand zone to minimize risk.
Take Profit Targets:
Target 1 : 0.003415
This corresponds to the 1.0 Fibonacci extension of Wave (5).
Target 2 : 0.003914
The 1.618 Fibonacci extension of Wave (5), where a strong resistance zone is identified.
📊 Risk-Reward Ratio (RRR)
RRR: Approximately 1:3 to T1 and higher if T2 is reached.
🔔 Additional Notes
The setup is supported by a clean impulsive structure completing Wave (5) and retracing to a demand zone.
Good luck, and always manage risk carefully! 🚀 #CryptoTrading #HOTUSDT #TradingSetup
⚠️ Disclaimer
This analysis is for educational and informational purposes only and should not be considered financial advice. Cryptocurrency trading carries a high level of risk and may not be suitable for all investors. Always conduct your own research, assess your risk tolerance, and consult with a financial advisor before making any trading decisions.
Hot Coin Breakout Confirmed Getting Ready For 400% Bullish Rallyholochain is one of the well known blockchain in crypto industry recently hot coin breaks its long multi year symmetrical triangle and bouncing from trendline area after successful breakout hot coin can move like doge coin in midterm seems like 300% will be an easy target for midterm after successful retest
#HOT/USDT#HOT
The price is moving in a descending channel on the 4-hour frame upwards and is expected to continue
We have a trend to stabilize above the moving average 100 again
We have a downtrend on the RSI indicator that supports the rise by breaking it upwards
We have a support area at the lower limit of the channel at a price of 0.001500
Entry price 0.001712
First target 0.001830
Second target 0.001919
Third target 0.002034
#HOT/USDT Ready to go up#HOT
The price is moving in a descending channel on the 4-hour frame and sticking to it well
We have a bounce from the lower limit of the descending channel, this support is at 0.001880
We have a downtrend, the RSI indicator is about to break, which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 0.002180
First target 0.002234
Second target 0.002372
Third target 0.002540
#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
#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
HOLO (HOT) paired with USDT, focusing on a 4h tmeframeTechnical Analysis by Blaž Fabjan
Ascending Channel:
The price is moving inside an ascending channel with clear resistance and support lines. This channel is characterized by higher highs and higher lows, indicating an upward trend.
The price has previously bounced off the support line multiple times, confirming the validity of the ascending channel.
The price action is approaching the upper resistance line of the channel, which could act as a barrier for further upward movement unless broken.
Potential Scenario:
The chart suggests a pullback after testing the resistance, with the potential for the price to drop back to the support line of the ascending channel before resuming its upward momentum.
The upward arrow drawn on the chart indicates an expectation of a bullish continuation after the pullback.
RSI (Relative Strength Index):
The RSI indicator currently sits around 58, which is in the neutral zone, not showing overbought or oversold conditions. This suggests that there is still room for the price to move in either direction.
A possible future rise in the RSI towards overbought levels (above 70) would align with the forecasted bullish move.
Stochastic RSI:
The Stochastic RSI is above 80, indicating that the asset is in overbought territory. This supports the idea of a short-term pullback before another upward move.
Once the Stochastic RSI cools down and approaches oversold levels, it could signal a better entry point for a long position.
MACD (Moving Average Convergence Divergence):
The MACD is slightly bullish with some divergence, showing that momentum is in favor of buyers, but it's not very strong.
A potential bullish cross of the MACD signal lines could confirm further upside momentum.
Volume:
The volume seems relatively stable, although not significantly high. Higher volume on a breakout above the resistance line would confirm a stronger bullish trend.
Trading Plan:
Entry Point:
Wait for a pullback towards the support line of the ascending channel (around $0.00165 - $0.00160), which could provide a better entry point for a long position.
Confirm entry with a bounce off the support line, or when indicators such as the RSI or Stochastic RSI reach oversold conditions.
Stop Loss:
Place a stop loss below the support line of the channel, at approximately $0.00155, to limit losses in case of a breakdown below the channel.
Target:
First target: Resistance of the ascending channel (around $0.00180 - $0.00185). This aligns with the previous highs, offering a solid take-profit level.
Second target: If the price breaks above the resistance line with strong volume, the next target would be around $0.0020 or higher, following the bullish projection shown by the arrow in the chart.
Risk Management:
Ensure the risk-to-reward ratio is favorable, aiming for at least 1:2. For example, if risking 5% (stop loss at $0.00155), the first target should yield at least a 10% gain.
Confirmation:
Before taking any position, look for confirmation through price action, such as bullish candlestick patterns (e.g., bullish engulfing) or strong buy volume when the price touches the support line.
This trading plan outlines a potential setup based on the chart. However, always remember to adapt based on real-time market conditions and further confirmations from your indicators.
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.
#HOT/USDT#HOT
The price is moving in a descending channel on the 4-hour frame and is sticking to it very well and is expected to break it upwards
We have a bounce from a major support area in green at 0.001300
We have a downtrend on the RSI indicator that was broken upwards which supports the rise
We have a trend to stabilize above the 100 moving average which supports the rise
Entry price 0.001540
First target 0.001700
Second target 0.001850
Third target 0.002030
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