HOTUSDT: FALLING WEDGE, RAISE OF ALTCOINS BULL RUN?Hello Fellow HOLO Investor/Trader!
HOTUSDT rebound on the bullish trendline . Recently, HOTUSDT is also breaking out of the falling wedge pattern. The breakout accompanies with increasing volume which indicates a potential bullish bias ahead.
*All Explanation is presented on the chart*
The roadmap will be invalid after reaching the target/ support area .
"Disclaimer: This is only an outlook, not a recommendation to buy/sell cryptocurrency."
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HOTUSDT
Trading opportunity in HOTUSDT- Symmetrical Triangle PatternBased on technical factors (Symmetrical Triangle Pattern ) there is a long position in :
📊 HOTUSDT
🔵 Long Now 0.006575
🧯 Stop loss 0.006150
🏹 Target 1 0.007500
🏹 Target 2 0.008800
🏹 Target 3 0.009900
💸Capital : 1%
We hope it is profitable for you ❤️
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Holo (Hot/usdt) Trading idea Are you planning to open a position on Hot/usdt, are you bearish or bullish well, this is my own opinion. Hot has been trading on a descending triangle pattern since 2021 until February when it seems to have found a bottom that currently pushed it to the resistance side.
I know you would be like "which means it will go lower"
Well from my own point of view I spotted a flag pattern which has been broken and have currently pushed the candles above the trend line. More so the flag pattern happened to be the handle of the cup which you can see on the chart.
Considering that we are in a bull market and Altseason has commenced I don't think hot would be left behind as the said project is an innovative type which they have a lot on Thier white paper for 2022 which if actualized the coin could see more higher side.
However, if you think the bears will kick in then you should be targeting the bottom of the deciding triangle. The H4 and D1 RSi is already over heated by the bulls maybe it's time to chill out.
But I would suggest you don't bet against Bulls as so many countries and projects are now venturing into the crypto ecosystem.
Which ever way you decide to go kindly trade safe and stay safe.
PlZ kindly follow and tub up this post to encourage me to post more thanks
HOT/USDT LTF Scalping Chart for 36% Profit#HOT/USDT TA Update:-
$HOT currently trading at $0.006655
As per chart Bull flag already broke out.
And retest almost hit.
Lets wait one more dip for best entry around $0.0062
Or
If breakout Symmetric Tringle then Best entry with 36% Target.
- Price is consolidating in
Symmetrical Triangle Pattern.
- Price support on 100EMA confirms
further Bullishness....
- Entry will be trigger on Breakout of
Triangle pattern.
Previous swing high will be Profit Target
Entry :- On Breakout or $0.0062
SL :- Previous swing Low
Will update on breakout
HOT - After increase into new green cycle Hello trading friends,
After the last increasing trend - that is also shown on the chart - HOT did change into a new green cycle trend - there is a high chance that the trend will keep going. we will follow the trend.
Algoritme did a scan on the data of today - a new cycle trend.
The question is for how long it will stay on an uptrend - depending on normally trends it should increase - but it's the crypto space, for this reason risk management should be high.
This green cycle trend did a scan by algorithms trends of us trading tool.
Have a great time.
Trade always depends on your setups - as this is not a trading call.
$HOLO is Very Hot, Here's My Trade Idea,Buy Zone & Targets $HOT Hey Traders,
Here's my trade Idea for $HOT #Holochain
Buy Zone Between $0.00435~$0.00408
OR Buy with a stoplimit Order at $0.0049
StopLoss: 1 Day Close Below 0.003666
Targets Are:
$0.005656 ~ $0.005858
$0.006363 ~ $0.006565
I suggest using an OCO Buy order if you're using Binance.
NFA, DYOR, and Good luck.
Let Me know what do you think in the comment? press that like button to show support!
Remember, NEVER use more than 5% on any trade, and Always use a STOPLOSS.
HOT/ USDTIf BTC can break its resistance at 45.500
and you were late in entering HOT
In my opinion, now it's a good time to enter and make long
This is the pattern that HOT is in H1
and as you can see it's near the HL
DO NOT FORGET TO USE STOP LOSS
THIS IS NOT FINANCIAL ADVICE
DO TRADING BASED ON YOUR ANALYSIS
HOT - Holochain SHORTLook how many times HOT retested the Blue trendline - 10!!
It would be reasonable to assume this will continue.
We even had a Fake Buy signal Bull trap - we know when to ignore this by using the Volume Indicator - there was no reason for us to Buy so we ignored it and missed the losing trade.
Just to note - there will be a trend change at some point, but don't let this scare you out of a trade. Until we have more buying Volume, this will CONTINUE to be a SHORT opportunity :)
Also keep an eye on HOT/BTC chart to see if there is any changes. At the moment it looks bad:
HOTUSDT Analysis (LOCAL VISION)Hello friends.
Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you!
Everything on the chart.
Entry: market and lower
Target: 0.0055 - 0.0063 - 0.0072
Stop: ~0.0037 (depending of ur risk). ALWAYS follow ur RM .
after first target reached move ur stop to breakeven
Risk/Reward: 1 to 4
risk is justified
Good luck everyone!
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It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions.