Holotoken
HOT (Holo) Token Analysis 28/04/2021As we have Positions on this Token we are Reanalyzing it and Updating Our Targets
Fundamentals:
Holo is a peer-to-peer distributed platform for hosting decentralized applications built using Holochain, a framework for developing DApps that does not require the use of blockchain technology. The goal of Holo is to serve as a bridge between the broader internet and apps built using Holochain, offering an ecosystem and marketplace in which DApps are easily accessible, as they are hosted on the internet by Holo network participants.
The Holo network will be facilitated using a token called HoloFuel, which is actively being tested and will act as an accounting system to pay hosts for their services. In 2018, the project minted an ERC-20 token, HOT — also known as HoloToken — as an "IOU" that will be redeemable for HoloFuel upon launch.
Holo is still in development and is expected to launch for open alpha and beta testing by 2021.
According to its "green paper," Holo is designed to act as a bridge between Holochain, which represents the world of crypto technology, and everyday users. The project highlights several innovations that it says will "enable a large shift in the landscape of crypto applications and currencies," including the ability to host P2P apps on the internet for mainstream users.
The Holo network relies on a series of hosts that provide storage and processing power for DApps built using Holochain. Hosts either install software on their computer that runs in the background and automatically allocates extra processing power to Holochain-based DApps, or they operate a dedicated machine such as a HoloPort. In exchange, hosts are paid in HoloFuel, a token that is specifically designed for microtransactions. The design of HoloFuel is expected to allow the Holo network to process billions of simultaneous transactions.
The project's business plan centers on building a P2P ecosystem of hosts and applications, comparing its intended effect on app hosting to that of Uber and Airbnb on the taxi and hotel industries, respectively. Holo charges a fee on HoloFuel transactions, so its revenue model is directly tied to growing the number of applications and hosts on the Networks
The Holo network acts as a bridge between the centralized internet and Holochain, which does not rely on traditional blockchain technology. As such, it does not rely on global consensus to secure its networks. Rather, each DApp has its own set of validation rules and a local hash chain on which it can store cryptographically signed records. When data is transmitted across multiple nodes, random peers act as validators, receiving data and verifying that it follows the correct rules. Validators use a gossip protocol to share good data among one another and warn of bad data or blacklist bad actors.
According to its development team, Holo is designed to be as decentralized as possible in order to reduce the risks associated with giving any one entity too much power. The connection between hosts and applications is end-to-end encrypted, and Holo uses a globally distributed network of servers.
Holo held an "initial community offering" from March 2018 through April 2018. Ultimately, 177.6 billion HOT was minted through a demand-determined process, with 133.2 billion HOT (75%) allocated for public sale and 44.4 billion HOT (25%) reserved for the team and company. Team tokens were not subject to vesting or lock-up periods.
Once HoloFuel is launched, HOT tokens will be able to be swapped at a one-to-one ratio for HoloFuel tokens. In January 2019, Holo stated that instead of being immediately burned, the swapped HOT will instead be kept as a reserve currency to provide liquidity to HoloFuel holders.
HoloFuel will have no supply limit. Rather, it is designed to be dynamic and incorporate a credit system, allowing users to have negative balances. The supply will be controlled algorithmically, contracting and expanding in response to demand and as the relationships between users with negative and positive balances change. Holo intends for this to cause the price of its tokens to remain relatively stable from moment to moment, rather than be subject to wild, speculative price swings.
The live Holo price today is $0.028641 USD with a 24-hour trading volume of $2,286,592,015 USD. Holo is up 18.49% in the last 24 hours. The current CoinMarketCap ranking is #28, with a live market cap of $4,845,112,709 USD. It has a circulating supply of 169,164,199,065 HOT coins and the max. supply is not available.
The top exchanges for trading in Holo are currently Binance, HitBTC, Paribu, Gate. io , and Bitrue.
HOT can be purchased on cryptocurrency exchanges such as Binance, Bitrue, ProBit Exchange and MXC .COM, among others. It can be traded on spot markets against fiat currencies such as the U.S. dollar and the euro , cryptocurrencies such as Bitcoin ( BTC ) and Ether (ETH) and the stablecoin Tether (USDT).
Are you interested in buying HOT or other cryptocurrencies such as Bitcoin? CoinMarketCap has a simple, step-by-step guide to teach you all about crypto and how to buy your first coins.
Holo was founded by Arthur Brock and Eric Harris-Braun, both of whom are experienced contract coders. The two first started working on the project in December 2016 as a part of the MetaCurrency Project, a developer of tools and technology designed to power a future P2P economy. Holo was partially modeled after Ceptr, a cooperative P2P framework for DApps that the two had previously worked on.
Brock has prior experience coding alternative currency systems as the founder of Geek Gene, a company that developed community-building tools, including more than 100 alternative currency solutions. He also co-founded social-enterprise incubator Emerging Leader Labs and founded open-source education "starter kit" Agile Learning Centers. In March 2019, Brock was named a fellow of the New Zealand-based Edmond Hillary Fellowship.
Harris-Braun started programming full time in 1988 and is the founder of Glass Bead Software, a developer of peer-to-peer communication software, as well as co-founder of Emerging Leader Labs alongside Brock. In 2003, he co-founded Harris-Braun Enterprises, a freelance software development and consulting firm. He has also served on the advisory board of the Schumacher Center For New Economics.
Technical Analysis:
we have Updated Our Fibonacci Projections 3th Point as the Retracement Cycle is almost done the Correction and Distribution is completed.
The reason for the Bearish Wave Reversal is the Support and the candle Pattern Formation at the interaction point with Fibonacci retracement level of 78.6% which is almost a very Strong Support and is acting Like a Golden Area for Crypto Currencies...
According the New Fibonacci Projection Adjustments we have defined 4 Targets
These New Targets are having Confluences with Fibonacci Expansion. of the past impulsive ATH also.
the 3 Targets gets confirmed as the Price Triggers the 3 TP followed by some Distribution and Retracement...
HOT (Holo) Token Analysis 05/04/2021Fundamentals:
Holo is a peer-to-peer distributed platform for hosting decentralized applications built using Holochain, a framework for developing DApps that does not require the use of blockchain technology. The goal of Holo is to serve as a bridge between the broader internet and apps built using Holochain, offering an ecosystem and marketplace in which DApps are easily accessible, as they are hosted on the internet by Holo network participants.
The Holo network will be facilitated using a token called HoloFuel, which is actively being tested and will act as an accounting system to pay hosts for their services. In 2018, the project minted an ERC-20 token, HOT — also known as HoloToken — as an "IOU" that will be redeemable for HoloFuel upon launch.
Holo is still in development and is expected to launch for open alpha and beta testing by 2021.
According to its "green paper," Holo is designed to act as a bridge between Holochain, which represents the world of crypto technology, and everyday users. The project highlights several innovations that it says will "enable a large shift in the landscape of crypto applications and currencies," including the ability to host P2P apps on the internet for mainstream users.
The Holo network relies on a series of hosts that provide storage and processing power for DApps built using Holochain. Hosts either install software on their computer that runs in the background and automatically allocates extra processing power to Holochain-based DApps, or they operate a dedicated machine such as a HoloPort. In exchange, hosts are paid in HoloFuel, a token that is specifically designed for microtransactions. The design of HoloFuel is expected to allow the Holo network to process billions of simultaneous transactions.
The project's business plan centers on building a P2P ecosystem of hosts and applications, comparing its intended effect on app hosting to that of Uber and Airbnb on the taxi and hotel industries, respectively. Holo charges a fee on HoloFuel transactions, so its revenue model is directly tied to growing the number of applications and hosts on the Networks
The Holo network acts as a bridge between the centralized internet and Holochain, which does not rely on traditional blockchain technology. As such, it does not rely on global consensus to secure its networks. Rather, each DApp has its own set of validation rules and a local hash chain on which it can store cryptographically signed records. When data is transmitted across multiple nodes, random peers act as validators, receiving data and verifying that it follows the correct rules. Validators use a gossip protocol to share good data among one another and warn of bad data or blacklist bad actors.
According to its development team, Holo is designed to be as decentralized as possible in order to reduce the risks associated with giving any one entity too much power. The connection between hosts and applications is end-to-end encrypted, and Holo uses a globally distributed network of servers.
Holo held an "initial community offering" from March 2018 through April 2018. Ultimately, 177.6 billion HOT was minted through a demand-determined process, with 133.2 billion HOT (75%) allocated for public sale and 44.4 billion HOT (25%) reserved for the team and company. Team tokens were not subject to vesting or lock-up periods.
Once HoloFuel is launched, HOT tokens will be able to be swapped at a one-to-one ratio for HoloFuel tokens. In January 2019, Holo stated that instead of being immediately burned, the swapped HOT will instead be kept as a reserve currency to provide liquidity to HoloFuel holders.
HoloFuel will have no supply limit. Rather, it is designed to be dynamic and incorporate a credit system, allowing users to have negative balances. The supply will be controlled algorithmically, contracting and expanding in response to demand and as the relationships between users with negative and positive balances change. Holo intends for this to cause the price of its tokens to remain relatively stable from moment to moment, rather than be subject to wild, speculative price swings.
The live Holo price today is $0.028641 USD with a 24-hour trading volume of $2,286,592,015 USD. Holo is up 18.49% in the last 24 hours. The current CoinMarketCap ranking is #28, with a live market cap of $4,845,112,709 USD. It has a circulating supply of 169,164,199,065 HOT coins and the max. supply is not available.
The top exchanges for trading in Holo are currently Binance, HitBTC, Paribu, Gate.io, and Bitrue.
HOT can be purchased on cryptocurrency exchanges such as Binance, Bitrue, ProBit Exchange and MXC.COM, among others. It can be traded on spot markets against fiat currencies such as the U.S. dollar and the euro, cryptocurrencies such as Bitcoin (BTC) and Ether (ETH) and the stablecoin Tether (USDT).
Are you interested in buying HOT or other cryptocurrencies such as Bitcoin? CoinMarketCap has a simple, step-by-step guide to teach you all about crypto and how to buy your first coins.
Holo was founded by Arthur Brock and Eric Harris-Braun, both of whom are experienced contract coders. The two first started working on the project in December 2016 as a part of the MetaCurrency Project, a developer of tools and technology designed to power a future P2P economy. Holo was partially modeled after Ceptr, a cooperative P2P framework for DApps that the two had previously worked on.
Brock has prior experience coding alternative currency systems as the founder of Geek Gene, a company that developed community-building tools, including more than 100 alternative currency solutions. He also co-founded social-enterprise incubator Emerging Leader Labs and founded open-source education "starter kit" Agile Learning Centers. In March 2019, Brock was named a fellow of the New Zealand-based Edmond Hillary Fellowship.
Harris-Braun started programming full time in 1988 and is the founder of Glass Bead Software, a developer of peer-to-peer communication software, as well as co-founder of Emerging Leader Labs alongside Brock. In 2003, he co-founded Harris-Braun Enterprises, a freelance software development and consulting firm. He has also served on the advisory board of the Schumacher Center For New Economics.
Technical Analysis:
as you can see the price has done its accumulation phase and now started its up move
MACD is very Open to have more Bullish wave
there are total of 4 Targets defined by Fibonacci Projection of the initial impulsive wave.
the 2 TP gets its confirmation as soon as the price Triggers the 1 TP.
rest Targets are on the line to go with some Price Correction and Retracements along the way to the Top Targets
this position may take few months but it is worth of investments
HOTUSDT Decisive rise but one last Resistance remainsThe Holo Token (HOTUSDT) hit (and broke) today its 1D MA50 (blue trend-line) for the second time in December (Dec 07 first time). By doing so , it broke also above the 1.0 Fibonacci level, which is the top (Lower Highs trend-line) of the Channel Down pattern that started on November 04 2021.
This is a first and decisive step towards reversing this long-term bearish trend and as you see there is a Diverging Channel Down since late June that may lead HOT to its new Bull Cycle. However, one last Resistance remains to confirm that, and that is the 1D MA200 (orange trend-line), that has been unbroken since December 10 2021. A daily close above it and we turn bullish long-term on this token.
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Holochain HOLOUSD - Potential Bullish ScenarioThings to Note:
1. Bullish Market Structure- Printing HH and HL
2. Price is consolidating in a narrow range
3. Contraction in Volume
4. Price forming Triangle pattern/Pennant
P.S: This is NOT investment advice. This chart is meant for learning purposes only and is a part of my personal journal. Invest your capital at your own risk
Holo (HOT) Huge Parabolic Move Potential 132% Gain in AprilHolo (HOT) Huge Parabolic Move Potential 132% Gain in April. Since the 13 EMA crossed above the 50 SMA, Holo has exploded to the upside, a 743% Gain from the 13th March @ $0.0026 to $0.0251 on the 30th March. Congratulations for those that have been holding HOLO from the start of the year over 10x gains made in less than 2 weeks during 'march madness'. From the current price level we expect a small retracement to test the 61.80% Fibonacci level before continuing pushing back past the ATH and our price target of $0.033 at the 161.80% Fibonacci level. Due to such strong bullish fundamentals and the current price of the coin, HOLO is expected to gain a lot of attraction from investors looking for similar gains like the one we have just experienced during March. The worst case scenario from here would see HOLO retrace back down to the range between the 50% and 38.20% Fibonacci level and test the 50SMA as some profit taking will be expected with such a huge parabolic move in the past 2 weeks. Be patient, wait for further confirmation from price action, and use buy zones to map your buys or to dollar cost average and accumulate more HOLO. There is a potential 132% Gain here from the 61.80% Fibonacci level (Buy Zone 1). Happy Trading :)
Key Information:
Holochain is an open-source framework and network protocol for developing peer-to-peer scalable and efficient applications. It is fast, secure, and versatile, which makes it perfect for a wide range of everyday apps. Its long list of uses include social apps, team collaboration, Internet of Things, currencies, and much more. Holochain is a peer-to-peer innovation beyond blockchain that can actually deliver on blockchain promises.
Effective solutions
As the Holochain platform, doesn’t incorporate any form of Consensus mechanism, it is highly eco-friendly in nature and occupies a very negligible amount of bandwidth when compared to major blockchains like Bitcoin and Ethereum. This nature of the holo tokens has made them one of the most beautiful things for the environmental issues as no electricity wasted as such. The team members of the Holochain are some of the most highly experienced in the field of programming. The Co-founders itself have an experience of 34 years in the field of programming. Also, the Chief architect of the cryptocurrency project has been a contract coder along with working on Artificial Intelligence and an online currency development, since the year 1984.
Now is not the time to buy HOLOAt this time, we don't recommend HOLO as an asset for your new long orders. And there are many reasons for that, here are some of them.
If you're a risk-taker on Altcoins, you're too late. This coin made 480% last month, and in the three and a half months since the beginning of the year, it has made a whopping 1500% profit. That's fine if you caught that profit, but if you weren't among those lucky ones, there's no need to place your long orders now. We at Penygene certainly wouldn't mind increasing our capital by that much, but even more, we would like not to lose it as foolishly as we might on an Altcoin buying of this kind.
All small-cap Altcoin trades are risky, especially when you're thinking about placing your long position on high. We call them risky because of the Risk/Reward ratio, in the worst case it should be at least 1/2, and in the case of volatile Altcoins, the ratio should be much higher. The current price of the asset and its recent tremendous growth, of course, will not give us such a ratio of potential profit to potential loss, so such a trade is obviously risky.
For HOLO further growth with the same intensity is not possible yet due to many factors. (very overheated coin, small capitalization, and no good correction after recent ATH). Also, based on our monitoring of Altcoin, we can very likely say that the price of this coin can continue to rise further. This overheated growth can be as much as 60-80%, but would you want to risk your money knowing that you must risk losing $2000 or even more just to have a chance of making $1000. Obviously not.
Over the past three days, the price accumulated enough liquidity on the 0.003-0.0035 range, and jumped up from it by 200%. If you look at HOLO from the side of technical analysis, you will realize that a further increase of the price of the asset can not be called other than an overbought, the further growth of the price in these conditions is almost impossible to predict, it's a lottery. If you have existing long HOLO positions, it's time to close them, that's probably the only advice we have.
HOT Holochain upside potentialAfter a long period of accumulation, Holo is sitting at a strong support level at 6 satoshi.
I expect a strong bounce from here soon.
If you are interested to test some amazing BUY and SELL INDICATORS, which give the signal at the beginning of the candle, not at the end of it, just leave me a message.
HOLOUSDT formed another bullish reversal move for upto 63% rallyHi Folks hope you are well and welcome to the new update on Holo token. After mid of March the HOT token has surged more than 250%. Now it is likely to start the correction rally. Let's have a look at the price action have some analysis.
The formation of harmonic Shark move:
On January 3rd 2020 I posted an article on tradingview where I revlealed that the Holo token has formed a Shark pattern and it can take the bullish divergence from the potential reversal zone of this harmonic Shark. And this PRZ level starts from 0.886 and ends up to 1.13 Fibonacci retracement level. I was expecting that this Shark will be helpful for a long term bullish rally. Finally the price action started moving up and produced more than 63% profit and dropped down again.
The next bullish Move, correction rally and SMAs:
After 18th of March 2020 the price action again started another bullish move and surged more than 250%. During this move the pricelilne of HOT broke out all the simple moving averages with the time period of 25,50, 100 and 200 on the daily time frame chart. After breaking out the 200 simple moving average the price action has started a correction rally and it has broken down the 25 and 50 simple moving averages. At this time the price action is at the support of 200 SMA and likely to break down this support as well.
The Ichimoku cloud is giving bearish signals:
If we watch the ichimoku cloud on the daily time frame chart. Then it is getting squeezed and the the baseline has crossed up the conversion line above the price action that is a bearish signal. The lagging span also has crossed down the priceline this is another bearish signal by ichimoku cloud. Therefore we can expect that soon the priceline will follow these bearish signals and it can cross down the cloud as well. And the cloud will be turned bearish and it will become a resistance for the price action of Holo token.
The priceline is likely to complete final leg of Cypher pattern:
After all these bearish signals and the correction rally the priceline of Holo token is likely to complete the final leg of bullish Cypher pattern that is a bullish reversal signal. However in order to complete the last leg of the Cypher the hello token needs some more drop. Because the last leg should be e retraced between 0.618 up to 0.786 Fibonacci retracement level. As per Fibonacci sequence of bullish Cypher pattern the potential reversal zone and the Fibonacci projection of C to D leg or in simple words the buying and sell zones are as below:
Potentail reversal zone: $0.00045 to $0.00038
Fibonacci projection: $0.00050 to $0.00062
As per above targets this move can be up to 63%. However if the priceline will break out the maximum extent of Fibonacci projection area then it can start more powerful bullish rally. The maximum extent of this potential reversal zone should be used as a stop loss otherwise the price action can move more down to complete the last leg of bullish shark pattern.
Conclusion:
Even though the price action is likely to move more down and this can be also called it bearish rally. But downward move is necessary for the completion of the bullish reversal pattern. Eventually there are strong chances that the price action will take the bullish divergence after the completion of this bullish reversal pattern and we may witness another powerful bullish rally.
#HOLO BTC ( LONG-TERM ) Hollo coin is one of the strongest currencies in projects and it has great interest
This coin is good for long-term storage
We expected price action
As you can see, the price is moving in a descending channel , , the C wave has not finished yet
We expect a decrease to 3 2 satoshi and I expect it to be an attractive purchase price
Advice if the idea is in storage, do not leave the coin in the platform and transfer it to the wallet
Don't forget to support the idea by pressing the like button
HOTUSDT formed bullish Shark | Upto 47% move expectedHi friends hope you are will, on 3rd Jan 2020 the Holo (HOT) formed a bullish Shark pattern and I posted chart on this move as below:
The priceline took bullish divergence as predicted and produced more than 63% gains.
A Formation Of Another Bullish Shark Pattern:
Now the priceline of HOT has formed another harmonic bullish Shark pattern.
Let’s dig the pattern deeper to see how perfect the pattern is formed:
After initial leg (X to A) the A to B leg is retraced between 0.382 to 0.618 Fibonacci and then B to C leg is projected between 1.13 to 1.618 (here I have ignore little spike coz all other legs are formed perfect) of A to B leg's Fibonacci projection and final (C to D) leg is retraced between 0.886 to 1.13 Fibonacci as required for perfect bullish Shark and now we are entered in potential reversal zone of this bullish Shark pattern, now we can expect bullish divergence at any time which will lead the priceline between 0.382 to 0.786 Fibonacci projection of C to D leg.
Buying And Sell Targets:
The buying and sell targets according to harmonic Shark pattern should be:
Buy between: $0.0006406 to $0.0005817
Sell between: $0.0007152 to $0.0008563
So this time we can expect up to 47% bullish move.
Stop Loss:
The potential reversal zone area which is up to $0.0005817 can be used as stop loss in case of complete candle stick closes below this level.
HOLOBTC formed bullish Gartley | Upto 50% bullish movePrice action of HOLO / Bitcoin has formed a bullish Gartley and entered in potential reversal zone.
This PRZ area should be used as stop loss in case of complete candle stick closed below this area.
I have used Fibonacci sequence to set the targets:
Buy between: 0.00000009 to 0.00000008
Sell between: 0.00000010 to 0.00000012
Regards,
Atif Akbar (moon333)
Holochain- PUMP IS NOT OVER!Holochain Update
$HOT/USDT
First Target Reached
Price has retraced slightly since we have reached this target, a descending channel has formed and price has recently broke upwards. This is a bullish sign and a move past the previous resistance (our first target) should bring us to our second target very soon!
See my previous post for the precision of the first target and exactly where I think we may find resistance next.
Join our telegram!: bit.ly
Happy Trading :)
UPDATE to my previous HOT TA IdeaThis is an update to my previous TA post on HOT.
As you can see from the picture, the first hot pump took 11 days to reach it's peak, 22 days on its second run... Maybe 33 days on it's third run? (till the middle of November)
The top trend line which can be drawn connecting the peaks can help us to identify the potential level it could reach on it's next run which we can see as around 90 to 94 satoshi.
Lots of accumulation has been going on with HOT, we also have a positive MACD crossing on the weekly for the first time since March 2019.
On the daily, we have the 20MA and 50MA both looking to cross over the 100MA next week with the 200MA currently sitting at 16 sats resistance.
I'm expecting big moves from HOT starting next week.
Holochain $HOT Bullflag Breakout ImminentHolochain price has been consolidating inside this triangular pattern known as a bullflag.
A break out of the yellow trendline towards the upside would confirm bullish momentum to the upper targets.
Target 1: $0.000955
Target 2: $0.001
I may be taking some short term profits at these zones but if the altcoin market is really seeing a reversal it is possible that we may far exceed my targets.
As a long term investor in this project I will most likely not be selling at these zones. Groupchat members will be updated on the moves I am making with this investment as we get closer.
HOTUSDT has hit the pennant support | Upto 175% expectedPriceline of Holo / Tether US is moving within a pennant and has hit the pennant support after March 2019.
The price action also has hit the lower band of bollinger bands for the 1st time ever and in the meanwhile the MACD has turned weak bearish and soon it will be turned strong bullish from strong bearish and Stochastic has given bull cross from the deep of the oversold zone.
Price action has Strong support at $0.0007730.
I have used Fibonacci sequence to set the targets:
Sell between: 0.0014308 to 0.0021265
Regards,
Atif Akbar (moon333)
HOTBTC formation of bearish Shark | Upto 900% gains expectedPriceline of Holo / Bitcoin cryptocurrency is forming a bearish shark pattern and entered in potential reversal zone.
Price action has hit the support of 0.00000007 sats which is not broken since July 2018.
After hitting the support the MACD is turning bullish.
RSI was in oversold and now turning bullish.
Volume profile of complete history of price action is showing very weak interest of traders below the 0.00000007 sats support.
We also have a strong resistance at 0.00000041 sats which is not broken since Jan 2019 therefore I have defined some secure targets and some aggressive targets(Upto the completion of leg) using Fibonacci sequence the price action will hit the sell targets soon insha Allah, but do remember it can be a long term trade and will need some patience:
Buy between: 0.00000013 to 0.00000005
Secure sell targets:
Sell between: 0.00000020 to 0.00000034
Aggressive sell targets (Upto the completion of shark's leg)
Sell between: 0.00000042 to 0.00000050
Enjoy your profits and regards,
Atif Akbar (moon333)