With crypto reversing, HOT is naturally following the market trend.
Interestingly enough, the reversal of HOT occurred on a very important point, right at the bottom of the bullish channel.
Assuming that BTC will remain bullish / neutral in the near future, there's a decent probability that HOT will see more bullish price action and move towards the top of the channel.
Target would be the top of the channel, >130% gains potentially.
Happy trading!
Interestingly enough, the reversal of HOT occurred on a very important point, right at the bottom of the bullish channel.
Assuming that BTC will remain bullish / neutral in the near future, there's a decent probability that HOT will see more bullish price action and move towards the top of the channel.
Target would be the top of the channel, >130% gains potentially.
Happy trading!
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📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
Related publications
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.
🎯Official Channel: t.me/FieryTradingChannel
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
Related publications
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.