HOTUSDT
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.
HOTUSDT Buy levels and targetsHolo (HOTUSDT) is on a strong 1D green candle, being on Higher Highs and Higher Lows since the July 13 Low. The 1D MA50 (blue trend-line) is now supporting and the 1D MA200 (orange trend-line) is the short-term target. After that, we need a clear break above the 0.5 Fibonacci retracement level to confirm the long-term trend shift from bearish to bullish. As a result buy either upon a 1D MA50 pull-back or a 0.5 Fib break-out. Notice that on the previous Lower High of the November 2021 Channel Down, the price got rejected near the 0.5 Fib.
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HOTUSDT SellAll the required trading rules are on the chart. We are waiting for the price to retest a prior zone of interest. If the price fails to make a new higher high and a new higher low and we see the price return and close below 62% Fibonacci we will place a sell order. Until the rules are fulfilled, we don't trade.
HOT - Scalp short with potential to add volume⚓️Reasons to take short
⭐️ BTC rose a lot
⭐️ Trendline is clear
⭐️ There is awesome trendline below
⭐️ Many touches
⭐️ Volume at top
⭐️ 70 ATR
Will enter when price squeezes to the level on 5m timeframe, the base will form and the strip will get faster.
If you don't understand the previous sentence, just use swing stop-loss 3-5%
Fix profit by parts:
1% - 1/3
2% - 1/3, stoploss to breakeven
What's left, hold to the maximum
What do you think of this idea? What is your opinion? Share it in the comments📄🖌
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P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself and your loved ones
Holo (HOT) - June 2hello?
Traders, welcome.
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Have a good day.
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(HOTUSDT 1W Chart)
Anything below 0.002275 is likely to be a mid- to long-term investment area.
From a mid- to long-term point of view, it should rise above 0.004583 to continue the uptrend.
(1D chart)
In the short-term and medium-term perspective, it needs to move above 0.002715 to turn into an uptrend.
(buy)
- After confirming the support at 0.002715
(Stop Loss)
- When it falls below 0.002275
(Sell)
- When receiving resistance in the range 0.004583-0.006284
- When resistance is received in the range of 0.009011-0.012325
If it rises above 0.012325 and finds support, it is expected to surge.
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** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator will move accordingly as price and volume move.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
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Trading opportunity for HOTUSDT HoloBased on technical factors there is a long position in :
📊 HOTUSDT Holo
🔵 Long Now 0.002538
🧯 Stop loss 0.002450
🏹 Target 1 0.002735
🏹 Target 2 0.003010
🏹 Target 3 0.003585
💸Capital : 1%
We hope it is profitable for you ❤️
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HOT ready to fly#HOT/USDT
$HOT broke out from long term descending resistance and dropped to ascending support.
🐮 holding this support can increase price to resistance between $0.0054 and $0.0062.
if price continue its rally to break out from resistance of $0.0076 it can reach $0.01 to complete the inverted head and shoulders.
🐻 break down from ascending support will drop price to $0.004 and even $0.003.