HOT-4h - Ascending triangle in progresHOT-4h - Ascending triangle in progres
REMEMBER that a lot of investors sell stocks or crypto for fiscal conditions in 2024 to close the year.
For that, we have low buy liquidity , and even with that pressure on the price , HOT is trying to remain in the same range as 1 week ago, so a breakout can restart a new HH , so patience.
Im bullish on it if the 0.0027usd resistance its broken and became a support.
Hotusdtlong
HOTUSDT Idea | LongHOTUSDT Technical Analysis
The BINANCE:HOTUSDT HOTUSDT price has recently broken out bullishly from a descending trendline. Following this breakout, the price is experiencing a correction towards the $0.002350 support level.
It is anticipated that the price will find support at this level and resume its upward trajectory. The first target for this uptrend is projected to be around $0.002615. The final price target is in the vicinity of $0.002750.
Trading Recommendation:
It is recommended to enter a long position after the price surpasses the $0.002500 level, confirming the upward momentum after the correction and bounce back from the support.
Summary:
Breakout: Bullish breakout from downtrend
Correction: Currently correcting towards $0.002350
Support: $0.002350
Target 1: $0.002615
Target 2: $0.002750
Entry: Above $0.002500
Disclaimer: This analysis is for informational purposes only and should not be considered as financial advice. Trading cryptocurrencies involves significant risk, and it is crucial to conduct your own research and consult with a financial advisor before making any investment decisions.
#HOT/USDT Ready to go higher#HOT
The price is moving in a descending channel on the 1-hour frame and sticking to it well
We have a bounce from the lower limit of the descending channel, this support is at a price of 0.0078
We have a downtrend on the RSI indicator that is about to be broken, which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 0.002423
First target 0.002543
Second target 0.002695
Third target 0.002844
#HOT/USDT Ready to go up#HOT
The price is moving in a descending channel on the 1-hour frame and sticking to it well
We have a bounce from the lower limit of the descending channel, this support is at 0.002700
We have a downtrend on the RSI indicator that is about to break, which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 0.003323
First target 0.003700
Second target 0.004027
Third target 0.004440
#HOT/USDT Ready to go up#HOT
The price is moving in a descending channel on the 4-hour frame and sticking to it well
We have a bounce from the lower limit of the descending channel, this support is at 0.001880
We have a downtrend, the RSI indicator is about to break, which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 0.002180
First target 0.002234
Second target 0.002372
Third target 0.002540
#HOT/USDT#HOT
The price is moving in a descending channel on the 1-hour frame
And it is sticking to it well
We have a bounce from the lower limit of the ascending channel and we are now touching this support at a price of 0.001550
We have a downtrend on the RSI indicator that is about to be broken, which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 0.001570
First target 0.001612
Second target 0.001643
Third target 0.001678
#HOT/USDT#HOT
The price is moving in a descending channel on the 4-hour frame and is sticking to it very well and is expected to break it upwards
We have a bounce from a major support area in green at 0.001300
We have a downtrend on the RSI indicator that was broken upwards which supports the rise
We have a trend to stabilize above the 100 moving average which supports the rise
Entry price 0.001540
First target 0.001700
Second target 0.001850
Third target 0.002030
#HOT/USDT#HOT
The price is moving below a downtrend on a 1-hour frame, and the trend is being tested now and is about to break to the upside.
We have a bounce from the green support area at 0.001260
We have a tendency to stabilize above the Moving Average 100
We have a downtrend on the RSI indicator that is about to break higher and supports the rise
Entry price is 0.001380
The first target is 0.001560
The second goal is 0.001680
The third goal is 0.001800
#HOT/USDT#HOT
We have a bearish channel pattern on a 4-hour frame, the price moves within it and adheres to its limits well
We have a green support area at 0.002228
We have a tendency to stabilize above moving average 100
We have a downtrend on the RSI indicator that supports the price higher
Entry price is 0.002220
The first target is 0.002458
The second goal is 0.002753
The third goal is 0.003050
#HOT/USDT#HOT
We have a bearish trend pattern on a 4-hour frame, within which the price moves and Respect its limits well.
We have a major support area at 0.00200
- We have a tendency to stabilize above moving average 100
We have an uptrend on the RSI indicator that supports the price higher
Entry price is 0.002200
The first target is 0.002350
The second goal is 0.002569
The third goal is 0.002790
#HOT/USDT#HOT
The price is moving in a downward channel on a 4-hour frame, about to break upward
The area in green is a very strong support area at the price of .00300
We have an RSI indicator coming up. The fraction is up
We have a higher stability than Movink Afrig 100
Entry price is 0.0033
The first target is 0.0036
The second goal is 0.00400
The third goal.004470
Hot Looks HotHi Guys
Hot/USDT looks very bullish and ready to breakout of this falling wedge .
Actually it broke out an important trend line ( white trend)
till now and before the close of the weekly candle , I see a bearish divergence on RSI maybe it will cause a fast correction next week.
Even if it did some correction to retest the white trend line again it still very bullish.
Plz DYOR.
Disclaimer: This article is for informational purposes only and not financial advice. Conduct thorough research and consult with professionals before making investment decisions.
Good luck.
HOT/USDT Bullish ride? 👀 🚀HOT Today Analysis Paradisers, gear up for an enticing opportunity with HOTUSDT! Currently oscillating within a consolidation zone, the presence of demand hints at an impending bullish surge👀
💎 A few days back, it adeptly secured liquidity, addressed the downward OB, and embarked on an upward trajectory. Presently, as the price consolidates, we're anticipating a bullish breakout from the trend line.
💎 Reflecting on past price dynamics, we noticed a shift from demand to supply, leading to a downward movement, especially before the OB was addressed. With a distinct supply zone and liquidity overhead, it's highly probable that the price will address this level soon.
💎 In the dynamic world of crypto, staying informed and adaptable is key. Stay tuned for more updates and enjoy your trading journey
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.
Hope you enjoyed the content I created, You can support with your likes and comments this idea so more people can watch!
✅Disclaimer: Please be aware of the risks involved in trading. This idea was made for educational purposes only not for financial Investment Purposes.
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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 ❤️
Please support our activity with your likes👍 and comments📝
💡Don't miss the great buy opportunity in HOTUSDTTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.004835).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. HOTUSDT is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 71.
Take Profits:
TP1= @ 0.005328
TP2= @ 0.005794
TP3= @ 0.006197
TP4= @ 0.006633
TP5= @ 0.007166
SL= Break below S2
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💡Don't miss the great buy opportunity in HOTUSDTTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.004835).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. HOTUSDT is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 71.
Take Profits:
TP1= @ 0.005328
TP2= @ 0.005794
TP3= @ 0.006197
TP4= @ 0.006633
TP5= @ 0.007166
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex / Crypto trader ?
Now, It's your turn !
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️