Holo/Bitcoin/Tether (13 May) #HOT $HOT #BTC $BTC #USDT $USDT
Updated
MFT is moving in the Falling Wedge formation combining Wolfe waves, this is a bullish formation and we can expect the target to 60-62 within 1 week. However, according to me, MFT is not in safe price range for holding long-term. Because MFT owes us 1 leg in 40-45 zone.
I suggest to buy at 49-50 range and sell around 60-62. Then set alarm at 40-45 zone and buy for holding long-term
Stoploss if price falls off the big Falling Wedge fomation, is below 40
I suggest to buy at 49-50 range and sell around 60-62. Then set alarm at 40-45 zone and buy for holding long-term
Stoploss if price falls off the big Falling Wedge fomation, is below 40
Note
HOT seems to be too early to increase strongly during this time because the accumulation is not enough. Of course, HOT can still increase in short-term but for me, this is not the time to buy and hold.HOT buyzone is 0.00095-0.001$ or 15sts. At here, you can buy and hold in medium term with target 0.0011$ or 20sts / long term with target 0.0015$ or 29sts
Stoploss if price is lower than 0.00095$ or 13sts
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