HOTUSDT trade ideas
Falling Wedge?? My idea on the chartsOpinion only, I am still quite noobish. I am hoping we get another chance around .0182 and .017 for a buy opportunity before it jumps out of this wedge.
Can I get some thoughts as this is my first idea that I published.
NOT advice, do not use, just my thoughts.
HOTUSDT Still possible to go soonmy thoughts on it correct me if i am wrong given the indicators its still going good on the 4h chart. pls note if you can add up some things on the chart
Entry point in +250% uptrend HOTUSDTIn my previous idea I found a trend reversal and a +250% target for HOTUSDT. Reversal happened and uptrend started. You can take a look at that.
Now I see an entry point in form of a cup and handle pattern, to uptrend. I showed everything graphically on the chart.
You can sell on each target you want but notice that it can go higher even than the third target. So if you are a long runner I suggest you to hold.
Based on Volume Profile indicator, there is a massive selling pressure on our first target. People who went long in the baseline of downtrend channel a few days ago, are going to close their positions on our first target; And short runners who went long with me last day. So I think it's hard for HOTUSDT to break that line and there going to be a consolidation phase.
Caution: Price Might form a cup & handle pattern. But it's not formed yet. DON'T ENTER EARYLY!
HOT/USDT - Future (LONG)HOT/USDT
Binance future (LONG)
Leverage : 10x-20x (cross)
Entry price : Shown on Chart.
Take profits : (% of each target is shown on chart.(
TARGET 1 : $0.01900
TARGET 2 : $0.01950
TARGET 3 : $0.02010
TARGET 4 : $0.02100
TARGET 5 : $0.02160
TARGET 6 : $0.02220
TARGET 7 : $0.02300
Stop loss : $0.013
USE MAX 10% OF FUNDS
@a_madan
HOT is not hot ?Hot couldn't hold to fibo 0.618 (0.0198$). Next support is around 0.0162$. Big rallies needs big corrections.
HOT go to recive .06$ in Next 14 DaysHOT after 5 day rest go to recive .06 $... after do it HOT go to New rest and then start again...
BUY HOT!!!
HOTUSDT 4/12/2021Note: NOT A FINANCIAL ADVICE TO BUY/LONG OR SELL/SHORT
_____
First time to a TA on this pair. I'm not particular with the fundamentals of this coin as I focus more on technical.
Daily Timeframe
This coin go up by 160x from March 2020 up to today. If you're all in this coin, then WOW!. I think the trend is currently at Wave 4 of this Larger Wave 5. I'm not sure if this will bottomed soon for a chance buy but the daily timeframe tells us of a potential bullish divergence. I think the main confirmation to buy this coin is the following:
1. RSI is holding above 50 Level;
2. Stoch RSI has bullish crossover; and
3. MACD has bullish crossover.
As you notice in the chart, EMA 21 is holding as support for the price. If it holds with bullish confirmations above, then there is a higher probability of moving higher prices.
Resistance Levels (It could be a target price) to break to reach 1.618 Fibonacci at $ 0.0705752:
1. Daily Resistance at $ 0.028
2. 1.272 Fibonacci at $ 0.0336145
Four Hour
If EMA 21 in Daily break as support, next price stop is at MA 200 4HR. Other Explanation in the chart.
One Hour
In the chart.
_______
Note: NOT A FINANCIAL ADVICE TO BUY/LONG OR SELL/SHORT
HOT looking bullish ;)Well we have seen HOT do a correction in the past days, after a big growth in the past few weeks. It looks now as it is about time it will go up again, trying to reach new ATH. It looks as in the 6h pattern is creating a very strong bullish pattern that could breakout anytime soon. Indicators show that it could follow two pathways, so you need to make your own research before investing. It did try to break the resistance levels but it retraced back and now forming good bullish form for long term. In the next 1-2 days if the breakout is confirmed, we could see a very bullish uptrend. If it goes down, another very good entry point at the area mentioned. HOT is actually a very good project, which I see it as a long term investment. It just maybe need some time to cool off. The new targets are 0.031-0.035 area and then trying to reach 0.045. If it breaks that, we could see it going 50-100%. It is a matter of days now. Do your own research too. But HOT is still HOT. :)
HOTUSDT BULLISH SETUPFinally, this could be the time for HOT to go bullish as a breakout is confirmed. I will exit this trade if the market goes below the support zone. Good luck!
HOT, buy HOLO, it can be one of the best alts in this bullrun!🚀HOT is coin which was recently added to our golden altcoins list on long term. It is very promising project, price is after little correction. If price decide to go lower we expect about 0,16 USDT but our strategy says to buy in many parts - so If you are interested in this coin we advise you to buy some now and then buy again later. Buying in many parts is perfect strategy to average the purchase price and minimize risk.
This coin is already top 50, we are strongly bullish on HOT, it can be diamond coin of this bullrun.
🚀 This coin is on our golden long-term altcoins list. It may be very good project for long term investment.
❎ No TP for long-term investments. We can`t predict exact altcoins targets in long term, but thanks to our experience and glassnode we are able to predict exact bitcoin targets. Our long-term strategy is just to hold these altcoins until glassnode indicators will say us that we are close to end of bullrun. And then we will sell everything in 15% parts.
✅ Bullrun is easy. Just accumulate coins from our golden list (long) and play with our signals (short). Diversification is the key to success.
