HOTETH Trading Signal: Time to SellAttention Traders,
We have identified a promising opportunity in the HOTETH currency pair using the EASY Quantum AI strategy. The recommendation is to initiate a Sell position based on recent trends and analytics. Here are the specifics of the trade signal:
- Direction: Sell
- Enter Price: 6.5E-07
- Take Profit: 6.2E-07
- Stop Loss: 6.9E-07
The decision for a Sell direction is based on several factors observed in the market:
1. Technical Analysis: Our EASY Quantum AI indicates an overbought condition for HOTETH, suggesting a correction phase. Key indicators show a weakening of bullish momentum, providing a solid case for selling.
2. Market Sentiment: Recent market sentiment analysis points toward an impending bearish trend, adding further confidence to a Sell position.
3. Resistance Levels: The pair has repeatedly failed to break through established resistance levels, indicating a strong potential for a downward adjustment.
Traders are advised to monitor closely for any rapid market changes and adjust stop-loss levels to manage risk accordingly. As always, consider your financial situation and invest wisely.
Happy Trading!
HOTETH trade ideas
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.
HOTETH Longterm Bullish!!Hey everyone,
HOTETH has been moving in the descending channel and seems in a reasonable ratio to increase the amount of ETH.
We may see the support zone in the following days if a sudden crash occurs in Bitcoin depending on the FED decision. If not, I'm expecting HOTETH to hit the upper channel Target-1 in April/May and take profit there.
If Target-1 comes true, then I will convert more than half of my holochain into BTC and ETH.
When BTC hits a new ATH above 100K, we'll probably see the price around support zone and then I would expect huge rally on Holochain.
These are just my opinion and not financial advise.
Please do your own research.
Cheers!
Holochain (HOLO) buying opportunity before next leg up. Holochain (HOLO) ($HOT) is a disruptive project with a recent US patent #10,951,697. Is is called the Airbnb /Uber for cloud computing for good reason. It will be disruptive to web hosting giants like Endurance International Group (EIG) as well as server infrastructure like Amazon Web Services ( AWS ) and Google Cloud Platform ( GCP ).
This chart shows the Sling Shot System continuing a wide open uptrend for HOLO while the Squeeze Momentum Indicators show that this is the next 24 hour's likely low, which is astounding. MACD appears to be ready to whipsaw up again and the OBV is heading up for a small pause. This appears to be a great buying opportunity with only a few hours before the next leg up .
If you're looking to trade HOT, you can easily create an account on the well-known and Australian government regulated exchange linked in my bio/profile, even if you're based in the US.
#HOT #HOLO - #HOLOCHAIN WEEKLY CHART OVERVIEWAfter many requests i'm posting this general overview for holochain chart. As you can see from the weekly chart we are in a very interesting level. We have broken the long term downtrend with a huge increase in volume, like the previous parabolic move. Bullish divergence and main resistance levels broken. One more confermation needed for the most conservative traders as you can see in the chart. Interesting opportunity for the long term investors.
HOTETH with approx. satoshi targetsI had analysed this coin better for HOT/BTC but since Binance dropped HOT/BTC pair due to high BTC price I found the appropriate prices for HOT/ETH instead.
To my surprise, some fit quite nicely to HOT/ETH support levels also.
Satoshi levels are approximations based on the price on publishing day.
For the wave 2 retrace, if you take the 1 and project it from the 2 with a fibonacci extension the 1.618 should land at 19 sats.
If you want to trade this in more detail, the sub-waves selling points in the third wave I would recommend selling at around 14-15 sats level and possibly buying back a little lower.
But the real trade if this plays out, will be selling around 19 and buying back around 12, and selling at 21 again.
RISK: HOT has been in a bear market for super long, these impulse waves tend to happen though, trade at your own risk.
I will be very surprised if these waves trend exactly like this, I only look at this as strategy until something else appears.
Macro Bull Analysis for Hot Thunderstruk!I wanted to post this before the breakout occurred, but i had family emergency and had to delay the post :(
We are doing fine, life must move forward!
This is why, i arm myself with THUNDERSTUCK!
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__REVIEW__
Look through the previous TA. As you can see, i have been wrong a few times, and that was a disappointment, but i was also very correct :) So take my TA as an educational guess.
__FRACALS__
February 21, March 26, April 29, May 14, June 1, July 20, 30, Oct 23, Dec 13 | Feb 19, 2021, April 27-29
PS: More Technical Analysis will published, returning to the scenes of Fractal Art!
Report is still delayed, but if you read my reports before, you know where i stood on all of this!
**LEGENDS**
BLUE = Bear/Resistance || Yellow = Bull/ Support
Lines: Fractal dates are moments of interest, where price and time collide to create oscillation.
the chart for possible scenarios of price actions - use zoom and scroll for better view.~
/*This information is not a recommendation to buy or sell. It is to be used for educational purposes only.*/
Feel free to request: your coin to be analyzed! Please keep those Stop losses in place or mind!
Thank you, and stay strong my fellow CryptoPunks!
Future belongs to the brave, and crypto is the future.
_Ajion
HOT/ETH- HOT/USDT ( HOLOCHAIN ) Première fois sur la paire ETHER que HOT se stabilise, pas un conseil d'achat mais si vous avez un billet a perdre dans la limbe, un gain exceptionnelle peut être atteins, cependant si Holo ne confirme pas sa divergence haussière, un excès baissier énorme peut avoir lieu tout comme une descente aux enfer.
En paire USDT on peut voir une meilleur forme, un excès baissier déjà fait, on repasse au dessus d'une zone de réaction RSI très fort et surtout un pull back en cours sur une zone de polarité
- paire ETH, Bottom peut être atteint
- paire ETH, Divergence sur 4h - 1D - 3D et rsi au plus bas en 1W
- paire USDT, pull back en cours sur zone de polarité
- paire USDT, Théorie de dow
- RR très bon avec perte acceptable au dessus de 10%.
its time for a new cycle, HOT/ETHI think Hot is in a phase of accumulation, so I'll take a two part trade considering a possible spring.
This is a swing trade, so might take a few weeks.
part 1: 140
part 2 : 135
target 1 : 204-217
target 2 : 300
stop : daily close below 128
manage your risk( max %2-%3)