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HOTUSDT trade ideas

Navigating the TurbulenceA Trader's Perspective: Unpacking the Market's Ebb and Flow Hey fellow traders, I've been keeping an eye on the charts and I wanted to share my take on the latest price action. It's been quite a ride recently, with the market throwing us some curveballs. We've seen our share of ups and downs, but there's something about the way prices bounced off the low of 0.000196 that's caught my attention. That level held up like a champ, and the rebound was strong enough to challenge the 0.00300 ceiling, but alas, it wasn't meant to be – the rejection was almost as if the market said, "Not today, folks." Diving into the indicators, the RSI flirted with the overbought zone, which kind of set off a little alarm bell for me. And sure enough, our custom indicator flashed a 'SELL' right when we hit that resistance. Talk about timing, right? Prices are now playing tag with 0.002318, and it feels like we're all holding our breath to see which way the wind blows. So, what's next? Well, the market's sending us some mixed vibes. The Ichimoku cloud is starting to look a bit stormy above the current price, hinting that we might be in for some rain (or a price drop, in trader speak). But hey, if we can stick the landing above that stubborn 0.00300 line, we might just see a nice sunny rally. On the flip side, a slip could send us sliding down to revisit the lows. My two cents? Keep those stop losses snug and don't get too carried away chasing profits. It's all about playing it smart in these choppy waters.
Long
by aaronkaltman
HOTUSDT - LONG or SHORT breakout ? HOTUSDT is currently consolidating around its support zone of 0.00185 and we can expect the consolidation to continue for next few days. We have both LONG and SHORT opportunity here depending on whether the price breaks the support zone or bounce backs after consolidating at the support zone. We will share more details about the trade once the price moves. Stay tuned for more updates. Like and follow us for more similar ideas. Cheers! GreenCrypto
by GreenCryptoTrades
2
HOT/USDT need to bounce from this support zone for back to UP!💎 HOT has recently demonstrated notable market dynamics, particularly as it undergoes a retest of the support area following a significant breakout. It is crucial for HOT to bounce from this support zone in order to sustain its upward momentum. 💎 If HOT successfully bounces from the support area, it has the potential to resume its upward movement, aiming to make higher highs in our target strong resistance area. 💎 However, if HOT fails to find support at the current level and breaks below the support area, it would indicate weakness in the market sentiment. This could lead to further downward movement, with the next potential support area being around 0.00173. 💎 Therefore, it is essential for HOT to bounce from the support area and reclaim levels above it to maintain its bullish trajectory. Failure to do so could result in a continuation of the downward movement.
by MyCryptoParadise_Nathan
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.
Long
by KarimMohsen
10
HOT/USDT, change of characterHello my friends. I have returned after many years of silence. I hope everyone is doing well. Hot is just sitting on the edge of the ICloud. Time to start looking. I only trade longterm these days and most of my charts are weekly time-frames. So, the Tenkan-sen (Conversion Line): green line is about to cross the Kijun-sen (Base Line): red. This would be a strong signal for longer-term trends change. Kumo (Cloud): is still red but edge is facing upwards. Thee chikou Span is still under cloud and is edging free of past trend noise. This could be an interesting time to monitor and start thinking about putting a few percent of your portfolio into hot. To play it safe, wait until price has moved out and retested the saucepan handle, wait until the Kumo cloud has rolled green and the Chikou Span is free from past noise and pointing skyward. Once these options are filled buy some hot at each zone until trend reversal. Price is also out of TAD see screen grab below. I have had good long term results following these two chart indicators and only enter when all conditions are met and those conditions are edging closer for hot. Okay, good luck all.
Long
by Avery_Upton
3
✴️ Holo Bull-Market + New ATH (296%-747% Growth Potential)Holo (HOTUSDT) is already in a bull-market. ➖ The bear-market is depicted here as a huge ABC correction. ➖ The consolidation phase is depicted here as an ending diagonal. ➖ The bull-market is what is happening now, higher highs and higher lows. While the action is already in progress, there is plenty of room and time left for additional growth. 👉 While 747% might seen high, this is still below the old All-Time High. HOTUSDT (Holo) will move to hit a new All-Time High in early 2025 or late 2024 ... Mark my words. Wishing you profits and success with your life and trades. Thank you for reading. Namaste.
Long
by AlanSantana
3