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HOTUSDT trade ideas

Is HOT Coin Price Ready For The Next Run? HOT coin price is currently seeing a breakout from the consolidation range from the daily chart. The asset has seen a pump of more than 3% in the past week time frame. On coming to the daily chart the asset price is looking for a strong breakout. The downside momentum of HOT can see a bounceback near $0.0035. The bullish momentum of the asset can see a setback near $0.01. If the asset price sees a drop down 15 to 20% below the current price then a strong downside trend can be seen. HOT/BTC pair can also observe a strong momentum in the future.
by tcr_thecoinrepublic
HOT about to MAKE A BIG MOVE!Hello, I am back with an idea on HOTUSDT pair, time frame 1 day. HOT for an entire year has been following a descending triangle for an entire year now that has held a strong support in the area between 0.004-0.0045. This pattern very soon can trigger a big movement, either a reversal or a follow up to the downtrend. But at the moment, to me it looks as a good entry either way following the trade with a SL in the area below 0.004. 1st Scenario - it is usually the scenario I think has more chances of happening. Looking at the daily RSI, the pattern feels ready for a small breakout of the falling wedge leading to a near 100% (dependable on the entire market movement) as generally I see a small bullish trend near March for most coins(likely altcoins). This move could be followed by a 300% move from where we are now if it break the triangle. Always look for breakout areas out of the pattern. 2nd scenario- BTC is following up with my analysis which I expect one last drop. Due to that drop, a fakeout can happen and a wick can be see formed lower than the support. However I see HOT not going lower than 0.003, and if we lose that no lower than 0.002 and from there a consolidation could take place. And then HOT can enter the triangle again. A reminder, follow the breakout areas in either sides, but most likely we will see a huge breakout or wick very soon as the volume indicates that too. If you have any comment, you are welcome. Trade safe, trade smart, and always use SL during this time. :)
by UnknownUnicorn17670525
1
🔥 HOT 1-Year Descending TriangleWith stocks reversing and BTC appearing slightly bullish, there's a decent probability that the 4400 support will hold. In that case, HOT has formed an (almost) 1-year descending triangle. I'd expect a move towards the top resistance of the triangle at the very least over the next couple of months. If BTC remains bullish, making a new all-time high or something like that, HOT can break out on the bullish side and make a move towards a new all-time high. However, for now we're aiming for a lower high. Happy trading!
Long
by FieryTrading
13
HOTUSDT TECHNICAL ANALYSISHOT couldn't reach last ATH since last year February. There is Flag patterns at the moment and we do have 2 different way at the moment. The candles are on support line and one candle completely open close above to support line. It may an opportunity for buy. If candles are follow the 1st direction, we may earn over 75% and Risk/Reward ratio is 1.84. If candle break out down trend-line and one of the candle completely open-close above to down trend-line, our next target may our resistance line. MA almost changed to direction as well. Lets follow our chart closely and don't forget the follow me. "NFA"
by ABSTOCKER
1
HOTUSDT: RISING WEDGE, AN INDICATION OF BEARISH BIAS AHEAD?Hello Enthusiast Coin Addict! Here's short-term outlook for HOTUSDT , Support the Channel by smashing the FOLLOW and LIKES Button, then Share your opinion on the Comment Section below :) *HOTUSDT is breaking out of the Rising Wedge Pattern *Breakout of Rising Wedge Pattern could indicate a potential bearish movement in the near future *HOTUSDT is also moving below the bearish trendline on H4 timeframe, we assume as long the price doesn't surprass the bearish trendline. HOTUSDT will continue creating a new low. The roadmap will be invalid after exceeding the resistance/target level *DISCLAIMER: This isn't a recommendation to buy or sell cryptocurrency, only an Outlook from technical perspective.
Short
by financialfreedomgoals101
3
HOTUSDT Analysis (HUGE BULLISH POTENTIAL)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. Nothing has changed from my last idea. Entry: market and lower Target: 0.013 - 0.018 - 0.022 after first target reached move ur stop to breakeven Stop: (depending of ur risk). ALWAYS follow ur RM . cancellation of growth, consolidation below 0.0043 Risk/Reward: 1 to 10 risk is justified Good luck everyone! Follow me on TRADINGView, if you don't want to miss my next analysis or signals. It's not financial advice. Dont Forget, always make your own research before to trade my ideas! Open to any questions and suggestions.
Long
by trytofeelpositive
1
HOTUSDT Analysis (x2 potential from here)Hello friends. Please support my work by clicking the LIKE button(If you liked).Thank you! Everything on the chart. open pos: market and lower target: 0.013 - 0.018 - 0.022 after first target reached move ur stop to breakeven cancellation of growth, consolidation below 0.005 stop: im w/o stop (depending of ur risk). ALWAYS follow ur RM . risk is justified Good luck everyone! Follow me on TRADINGView, if you don't want to miss my next analysis or signals. It's not financial advice. Dont Forget, always make your own research before to trade my ideas!
Long
by trytofeelpositive
3
HOTUSDT: BEARISH CHANNELING,TEMPORARY SHORT OPPORTUNITY ON HOLO?Hello Enthusiast Coin Traders! Here's short-term outlook for HOLO , Please give us the thumbs up and support the channel by Smashing the FOLLOW button :) a) HOLO is moving below exponential moving average 21&34 b) Breakout of ascending broadening wedge could indicates a potential Bearish Bias c) MACD indicator starts crossing below the zero level area, it signify the potential Bearish Bias Ahead d) Stochastic has crossing down in the neutral area, it also signify a stronger momentum going downward. The roadmap will be invalid after exceeding the support/target level *DISCLAIMER: This isn't a recommendation to buy or sell cryptocurrency, only an Outlook from technical perspective.
Short
by financialfreedomgoals101
4