#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.
HOTUSDT
Holochain targets for this yearPossible Targets and explanation idea
➡️Cuz all noise and open Weekly chart. Trader over 330 days in sideways in -0.27 zone
➡️-0.27 zone always play out like accumulation zones. Higher timeframe more important zone
➡️Trade under fundamental price (real value) based on Take profit indicator.
➡️Take profit now at 0 level by fib 0.0082 where we will see rejection for the first time
➡️All lines are dynamic.
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long setup for hotHi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG the HOT symbol.
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
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.
Holo BUY NOW TP 4%The price of Holo (HOT) is $0.002165108177 today with a 24-hour trading volume of $21,390,093. This represents a -1.7695617555449885% price decline in the last 24 hours and a 1.841275173440036% price increase in the past 7 days. With a circulating supply of 180 Billion HOT, Holo is valued at a market cap of $384,305,085.
HOT - daily break soon? Keep in mind - market is probably overheated and will pull back soon...but I still see long trades with absolutely "no risk" as an option. I tracking short time frames for HOT, and try to find a entry, tight stop loss and with a little bit of luck HOT break the daily trend and get a big push upwards...that could lead to a daily break and a good entry point. HOT can move like crazy sometimes, and a good entry point with tight stop loss will give me a decent risk reward ration.
Hot/USDTHot ready to trot in the coming weeks? I say yes. MACD is close to breaking 50. Point 2 of my peeping frog pattern or The big M (Now this pattern doesn't always form) Basically a spring (like a leaping frog! Frog lives at the Spring and it leaps across to the over side.) Wait for thrust above the 32EMA and return to the channel but must not puncture the channel bottom and buy on the return and 5th point of the peeping frog (see chart) and candle close above EMA channel Buy next candle.
HOTUSDT Decisive rise but one last Resistance remainsThe Holo Token (HOTUSDT) hit (and broke) today its 1D MA50 (blue trend-line) for the second time in December (Dec 07 first time). By doing so , it broke also above the 1.0 Fibonacci level, which is the top (Lower Highs trend-line) of the Channel Down pattern that started on November 04 2021.
This is a first and decisive step towards reversing this long-term bearish trend and as you see there is a Diverging Channel Down since late June that may lead HOT to its new Bull Cycle. However, one last Resistance remains to confirm that, and that is the 1D MA200 (orange trend-line), that has been unbroken since December 10 2021. A daily close above it and we turn bullish long-term on this token.
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Trading opportunity for HOTUSDT HoloBased on technical factors there is a Long position in :
📊 HOTUSDT
🔵 Long Now 0.001557
🧯 Stop loss 0.001368
🏹 Target 1 0.001780
🏹 Target 2 0.002020
🏹 Target 3 0.002390
💸RISK : 1%
We hope it is profitable for you ❤️
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HOT : DAY TRADE VIEWHOLO is known as a coin that stays for a long term into a stable trend, and when it's time to increase, it can do above 500% as we have seen at 12-03 in just 15-20 days with an 800% increase last.
It means not that this should happen at this level again. as 2021 is a different time than now.
we are in a time where taking a profit become more important than before.
HOLO seems interesting for day trading, and we can see if it will hit new targets with time.
HOTUSDTHello my dear friends
According to the shadow of the candles, higher ranges have been consumed.
On the condition of maintaining the range of the specified flag limit ($0.00258), we can expect the formation of an increasing trend up to the specified range.
We would be happy to hear your comments.