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
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%
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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.
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
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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 ❤️
Please support our activity with your likes👍 and comments📝