HOTETH trade ideas
HOTETHHOTETH update
Entonnoir : W/D/H4 (swing)
Toujours sur notre biais haussier weekly, le prix a déjà testé la zone de S/R des ~850 deux fois avec des sommets et des creux daily (découpage jaune) de plus en plus hauts ce qui reste très bullish selon moi.
J'attends impatiemment la prochaine sortie de compression H4 (bleu) pour me placer à l'achat si celle-ci casse par le haut. Il se peut qu'elle ne casse pas la zone de S/R et finisse en pull back mais tant que ce pull back ne finit pas en-dessous des ~740 aka le creux daily précédent, je reste bullish.
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Funnel : W/D/H4 (swing)
Still on a bullish bias on weekly. The price has already tested the zone of S/R at ~850 with HH and HL on daily (yellow drawing) which is pretty bullish if you ask me.
I'll wait the next compression breakout on H4 (blue) to go long. There are some chances this ends with a pull back on the zone of S/R but as long as this pull back doesn't break the last daily bottom at ~740, I'll stay bullish.
HOT - NiceGood potential.
Buy now (if you want a safer entry you can buy after a confirmed break above 730 in Daily chart. Stop loss 730)
Targets
900
1050
1200
1350
Stop loss 700
HOT ETH x 5 to come ?1 - HOT ETH mutiplied it price a first time by 5 then corrected to the 0.786 Fibonnacci level
from 141 to 692 to 300
2 - second time same stuff multiplied by 5 then corrected to to the 0.786 Fibonnacci level
from 300 to 1490 to 536
Is it time to do the same schema again ?
from 536 to 2500 ?
if history repeats itself target should be 2500
HOT/ETH Long 350%+ potential As soon as $ETH is starting to lose strength I expect $HOT to go for it's fifth wave on HOT/ETH. Based on fractals of the previous corrections and pumps and retracement levels. Waves down not so much Elliot waves but more to show the fractals in relation to each other. Target between .00002500 and .00002800 Please share your thoughts and comments. Good luck!
Hot RetraceIn the buy zone for long holds - Holo may slip to the 23.60% but could also hold around here on the light blue Gann 8x1 mean uptrend fib ray - I expect big gains for this coin in the long term
HOTETHHOTETH update
Entonnoir : W/D/H4 (swing)
Comme mentionné dans ma dernière AT, le prix s'enferme effectivement bien dans une compression weekly que j'ai tracée provisoirement en blanc.
On peut considérer que le bias weekly est haussier puisque le prix se trouve en bas de cette compression. Je pense donc peut-être appliquer une stratégie de trading range et me positionner à l'achat sur la prochaine sortie de compression H4 qui réintègrerait les ~763 c'est à dire le dernier creux daily avec pour target le haut de la compression vers ~940.
Et bien entendu, comme toute stratégie de trading range qui se respecte, ce trade serait risqué.
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Funnel : W/D/H4 (swing)
As per mentioned in my previous TA, the price is starting to compress on weekly (temporarily drawn in white). We can consider a bullish bias as the price is located at the bottom of this compression. Therefore, maybe I will apply a trading range strategy here by going long on the next compression breakout on H4 that will break the ~763 aka the last daily bottom. By taking this trade, I would be trageting the upper part of the weekly compression somewhere around ~940.
And as always, this would be risky as it is trading range.
LONG FOR HOLO/ETHHOLOCHAIN IS GOOD PROJECT FOR LONG TERM
* DSCENDING TRIANGLE FORM ON 4 HR TIME FRAME
Adding to my HOT bags here- This is a AfterBear coin and has much more room for growth in the new cycle.
- I personally know a couple of Ethereum fan-devs transition into Holo devs.
- Not many people will understand what this project does at the first glance, just like Bitcoin 5 years ago.
(I've been in since ICO, actively trading it)
HOTETHHOTETH update
Entonnoir : W/D/H4 (swing)
Le scénario mentionné dans mon AT précédente s'est parfaitement réalisé avec une réintégration de la compression daily (jaune) qui a marqué ce rebond weekly tant attendu (entouré rose) sur la zone de S/R des ~680.
Malheureusement, cette réintégration ayant été trop molle puis ensuite trop brutale, je n'ai pas pu prendre position en H4 comme escompté.
Au niveau R/R, je pense qu'il est maintenant trop tard pour monter à bord puisque le prix est en train de s'enfermer dans une compression weekly (pointillés blancs) comprise entre ~700 et ~950.
Cependant, si on casse le dernier sommet weekly (entouré blanc), je prendrai position à l'achat.
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Funnel : W/D/H4 (swing)
The scenario mentioned in my previous TA has perfectly happened as we had this reintegration of the previous daily compression (yellow) that has also marked that long-awaited weekly throwback (pink circle) on the zone of S/R at ~680.
Unfortunately for me, this reintegration has happened to quickly therefore, I couldn't go long on H4 as planned.
From my point of view, it's too late to get onboard now as the price is about to compress on weekly between ~700 and ~950 (white dashed lines).
However, if we break the last weekly top (white circle) at ~950, I'll probably go long.
HOT - HOLOCHAIN - Added to WatchlistNOTE:
These are just my opinions. My messages or chart analysis are NOT intended as a
recommendation to buy or sell any cryptocurrency or asset.
Do Your Own Research.
HOTETH with RVNBTC fractalThis RAVEN RVNBTC fractal overlay show a similar bleed phase as my previous overlay of a fractal of HOTETH itself. I'm buying in the bottom of the range
ETHHOTHOTETH update
Entonnoir : W/D/H4 (swing)
Voici la situation sur HOT.
Le biais est toujours haussier en weekly car nous sommes en bas de la future compression weekly en formation (lignes blanches en pointillés).
Le daily vient de casser sa compression (jaune) par le bas et est donc baissier et opposé au biais.
Si je faisais du contre-tendance, je pourrais anticiper un potentiel double creux en weekly (découpage rose) en prenant position sur la cassure de la future compression H4 à la hausse (bleu).
Move risqué. Pour le moment, je préfère regarder et ne pas prendre position.
Si on a une réintégration de l'ancienne compression daily (jaune) comme je le suspecte (voir mon scénario en pointillés), je prendrai peut-être position à l'achat sur une sortie de compression H4 située en bas de celle-ci.
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Funnel : W/D/H4 (swing)
The bias is still bullish as we are at the bottom of the future weekly compression (white dashed lines).
The daily just broke out from its compression (yellow) by the bottom and is therefore in downtrend and opposite to the bias.
If I wanted to counter the trend, I could try to anticipate this double bottom on weekly (pink drawing) by going long on the future compression breakout on H4 (blue).
This would be a risky move tho. For the moment, I prefer to sit and watch.
If it happens that the price reintegrates the previous daily compression (yellow) as I suspect it will (see my dashed scenario), I will maybe go long on a compression breakout on H4 located at the bottom of it.
There is a possibility for the beginning of an uptrend in HOTETHTechnical analysis:
. HOLO/ETHEREUM is in a range bound and the resumption of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 46.
. While the RSI downtrend and the price downtrend in the daily chart are not broken, bearish wave in price would continue.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00000741 to 0.00000644). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00000741)
Ending of entry zone (0.00000644)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons :
Take Profits:
TP1= @ 0.00000827
TP2= @ 0.00000885
TP3= @ 0.00000936
TP4= @ 0.00001028
TP5= @ 0.00001115
TP6= @ 0.00001204
TP7= @ 0.00001288
TP8= @ 0.00001491
TP9= Free
There is a possibility for the beginning of an uptrend in HOTETHTechnical analysis:
. HOLO/ETHEREUM is in a range bound and the resumption of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 39.
. While the RSI downtrend and the price downtrend in the daily chart are not broken, bearish wave in price would continue.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00000741 to 0.00000644). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00000741)
Ending of entry zone (0.00000644)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.00000827
TP2= @ 0.00000885
TP3= @ 0.00000936
TP4= @ 0.00001028
TP5= @ 0.00001115
TP6= @ 0.00001204
TP7= @ 0.00001288
TP8= @ 0.00001491
TP9= Free
