🔥 HOT Still In A Bullish Channel
Updated
HOT is, like the majority of cryptos, seeing some bearish movement as of late. However, the chart is still indicating a lot of bullish strength.
I'm looking at the bottom trend line of the channel for a potential reversal. Aggressive buyers might want to hop in once the price touches the channel, risk averse traders might want to wait for trend reversal confirmation.
Target is placed at the current ATH around 0.38.
Happy trading!
I'm looking at the bottom trend line of the channel for a potential reversal. Aggressive buyers might want to hop in once the price touches the channel, risk averse traders might want to wait for trend reversal confirmation.
Target is placed at the current ATH around 0.38.
Happy trading!
Note
This analysis is on ONE not HOT, typo!
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