HOTUSDT Bullish Impulse is hereHey guys, here with another analysis. HOTUSDT been waiting for it to reach this area for some time and we are here. Please do like, comment and follow for more if you want more analysis like this.
Daily, we can see it has come to this S/R area where I havent seen a bullish candle yet, but I see exhaustion of sellers. Better confirmation would be to wait for the daily bullish candle to form then entering.
Coming down to H1 we can see bulls are trying to get in and I have entered already. If you trade futures, then please use small leverage 5x etc. or you can just buy on spot with some of your capital and hold it. The target I showed you is about 70%. But i see it going to at least $0.04. Please know that I have taken a aggressive entry.
Please if you do enter, use proper risk management because crypto can be really volatile. This is just an analysis, enter if your rules are met, I am just showing you a potential trade which can bring profit. Bye :)
HOTUSDT trade ideas
We are still in a bullish trend - Macro VisionThe last days could be considered part of the second big consolidation period for holo. The first and the actual consolidation phase I have circled in red(more or less). With the actual BTC Dominance under 58% I can consider quite possible another leg up to 0.03-0.04 before the 15 of April.
Hot( Halo coin) PredictionThis seems to be latest alt coin trend. Many other coins repeated very similar pattern. Short term indicators showing strong reversal patterns . Hopefully this works!
** This is not an investment idea. Only trying to pass my vast trading experience on cryptos to newcomers and less experienced traders. My predictions based on calculated reward Risk ratios. I can not be right all the time. So far I have very high percentage of success of predicting. Once you click buy button you are doing it with your own will. Nobody can force you to buy and sell but yourself. Please comment below and click like button to support my efforts.
Hot/UsdHolochain has seen a massive correction, dropping from 31 cents all the way down to 16,5 cents. Price finds strong support in this area and has already tested this zone twice.
We can a weekly resistance line which also has been tested twice. As price is consolidating, we can expect a breakout (or a breakdown) very soon.
trading volume is also showing to have come to the lowest point. We have to see how this one plays out.
HOTUSDT is testing 0.5 Fibonacci level 🦐After a very nice bull run, the price is testing 0.5 Fibonacci Level. IF the price will have a breakout from descending channel, According to Plancton's strategy (check our Academy), we can set a nice order
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.