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Bullish Opportunities
A move up to the long term upper channel would mean $0.0117.Then a breakout could take us quite easily to $0.017 which is the resistance on the short term trend.
Bearish Possibilities
If there are small corrections in Bitcoin, and the symmetrical triangle gets invalidated, this could bring us down here to $0.0047 in the short term. Or $0.006 by the end of the month.
HoloChain is a great project, and I don't see why it won't continue to appreciate in price.
A correction in Bitcoin would likely break down the pattern and drop HOT back down to support.
Bullish Opportunities
A move up to the long term upper channel would mean $0.0117.Then a breakout could take us quite easily to $0.017 which is the resistance on the short term trend.
Bearish Possibilities
If there are small corrections in Bitcoin, and the symmetrical triangle gets invalidated, this could bring us down here to $0.0047 in the short term. Or $0.006 by the end of the month.
HoloChain is a great project, and I don't see why it won't continue to appreciate in price.
A correction in Bitcoin would likely break down the pattern and drop HOT back down to support.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.