HOTUSDT
HOTUSDAs I said last weeks...HOT remains one of the projects I believe in and have invested in!
I will keep looking to invest but I will wait to see how it closes the week and if it rejects from the Fibonacci 618 level!
If it closes below the 618 Fibonacci level I will wait for the next one to buy at the 786 Fibonacci level!HOTUSD
THIS WEEK...has closed above the Fibonacci 618 level and now I will look for BUY until the 0.02-0.024 area in the next period!
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*This information is not a Financial Advice.
One more week of sideways actionLooking at the bollinger band it looks like will see one more week of sideways before we have another pump to the upside.
My idea for a strategy for HOT is if you bought it between 0.014-0.015 you still in a good buy in zone.
At target point 1, I am taking out my initial investment as that could be the top and go down and atleast anything else is like extra bonus to hold.
Depending on if we are really in this big channel then target 2 could be the top and choose to sell all or sell half if you think it might go even higher.
Because last top we move down so much and consolidate for such a long time, for me I feel target 2 could be the top. For Holo definetely need a good exit strategy and not HODL too long when it touched the top.
HOTUSDT Day tradeHOT/USDT has been getting sold at an order block around 0.017. Once we break this order block and a new bullish order block is created price may see hot test the order block that made the prior strong move to the downside.
I have marked up my targets. Good Luck!
Hot for HOT HOT looks to be making some moves and could explode in the very near future.
Broke above resistance line and looks to have found support along this trend line.
We can be seeing a strong bounce and then a measured move from here could take us up to .07… nearly 400% gains.
The BTC chart looks just as spicy.
Breaking out of a bull flag now. Measured move of 160%, though depending on BTC’s current movement that could be more or less.
Take a look and let me know what you think.
BINANCE:HOTUSDT
Hot Usdt ready for pumpDo not forget to like and follow
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HOTUSDTAlthogh Hot is in DownTrend Channel but its going to break the Triangle and Dynamic Resistance.
Its a Mid-Term Signal and i hope to reach in next 33 Days or earlier.
Hot 🚀🚀🚀
HOTUSDT (HOLO) - POTENTIAL BUY ENTRY ANALYSIS 🔎
- HOTUSDT was resisted by the descending trendline resistance (DTR-1).
- Price brokeout above the descending trendline resistance (DTR-1).
- The market hit a swing high and retraced.
- Price is retesting and descending trendline resistance (DTR), the key fibonacci retracement zone (0. 5-0 .618 - 0.786) and horizontal support level (S1).
- The retracement is resisted by the descending trendline resistance (DTR-2).
- There's a breakout potential.
BUY ENTRY ⬆️
- Breakout above the descending trendline resistance (DTR-2).
- Retest of the descending trendline resistance (DTR-2) after the breakout.
TARGETS 🎯
- Horizontal resistance level (R1).
- Horizontal resistance level (R2).
- Fibonacci extension levels.
SETUP INVALIDATION ❌
- Breakdown below the 0.786 fibonacci retracement level.
LONG HOT USDTBleeding at the moment since everything is going to Ethereum. I think it will be fine. 12-13th of May 0.031 again.
HOT/USDT still bullish?It seems price is lingering around 0.015 and 0.016.
Looking at the price action, it seems we have posted above the other resistance level and there is a support line from the low on the 23rd of April.
Where to from here? I'm undecided. Looking at the 200 day EMA, we are still above the line. This to me indicates that it is still safe for bullish.
*this is material is for educational only and not financial advise.
BULL FLAG AT HOT. :)Hello, I am back with another idea at HOTUSDT pair. In my last ideas I showed you different scenario (you can check them in my profile) and they all played out very well. I have not deleted some parts of the charts I have been using for a month at HOT and they seem to have remained the same. Now I would like to share with you the most possible scenario and worst case scenario (dependable on BTC and its dominance)
FIRST SCENARIO (high possibility to happen)- Rarely do you see a quite beautiful bullish flag as you may see it in HOTUSDT pair. We can see the continuation of that bull flag, and probably very soon it will come to an end. In that case, a real breakout confirmation it's needed in the chart. If it breaks above 0.0165-0.017, it is a confirmation for an uptrend. The red line I have mentioned in the last analysis (AREA TO BREAK) remains the same. Breaking there is a confirmation we are having a strong uptrend. TP1 sits at 0.019-0.020 for a small retest and uptrend to TP2-0.026 and TP3 - 0.031 (ATH) and probably higher. Scenario very possible as bull flags are typically very bullish moves. Don't get triggered by a small fake out in an downtrend.
SECOND SCENARIO- I do not think this can happen but just a bear market can cause this. If the fake out in an downtrend closes under the yellow support line at 0.0145, the trend has changed. In that case, you can short and enter in the 0.011-0.0013 area. However, be sure to put a Stop loss at 0.014-0.0145 area.
Hope you enjoy my idea and if there is any comment let me know. But all the indicators are relaxing for a big bullish move. However, you always need to be careful. Good luck trading. :)
HOT nice pattern set up Triangle is forming, entered here and will add if there is a confirmed breakout.
HOTUSDT: BUY OPPORTUNITY!hotusdt can rise.
short term traders can exit around 0.02.
hold for higher profits.
