HOT - Potential Bullish Reversal!Hello everyone, if you like the idea, do not forget to support with a like and follow.
HOT is sitting around a strong weekly demand zone in green so we will be looking for buy setups.
Before we buy, we want the buyers to prove that they are taking over again.
You don't want to buy a bearish market right?
on H4: HOT is forming a channel in blue but our upper trendline is not valid yet, so we are waiting for a new swing high to form around it to consider it our trigger swing. (projection in purple)
Trigger => Waiting for that swing to form and then buy after a momentum candle close above it (gray zone)
Meanwhile, until the buy is activated, HOT would be overall bearish can still trade lower.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
HOTUSDT trade ideas
HOTUSDTHello to you all. Mars Signals team wishes you high profits at all times.
We are in a 4 hour time frame. As you can see, the price has started to move up after breaking its resistance. We built a canal for you dear ones, the price has jumped upwards and broken the canal. We have identified support and resistance for you. Do not forget the stop loss.
Warning: This is just a suggestion to you and we do not guarantee profits.
Wish you luck!
HOTUSDT, LOOKING FOR A GREAT RISE !!!Hey There,
Here we have the daily chart of HOTUSDT.
Amazingly, The price is reaching the strong support zone:
From 0.0057 to 0.0028
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In any case, trading is not appropriate now.
Just keep your eyes OPEN... Take care >_-