HOT
BTC DOMINANCE AND CORRELATION WITH A POTENTIAL ALTCOIN EXPLOSIONIf you look at this chart, you can see how btc dominance going down in 2018 created an altcoin explosion, making the fortune of many altcoin investors. All the major altcoins reached their ATH, making an increase in value like 1000X, 3000X, creating many new millionaires all around the world. What if this chart completes this harmonic pattern, approaching the previous low? A potential altcoin explosion could repeat what happened in the past. Try to think wich altcoins could make you a millionaire!
New Bullish trend for Johnson&Johnson or... ?JNJ was made beautiful double bottoms where later than is made breakthrough resistance line and now he's back to testing.
Setups what needs to be looking for is if the price bounce and go up, or if some correction will happen to us, ABCD pattern looking pretty interesting...
If JNJ will rebound from support line, price target what we are will looking for is approx. at 186 or more if JNJ will give us ABCD patterns.
Market now is in very hot situation where we will see who is gonna win at this moment, bulls or bears.
Thank you for reading, feel free to leave like or comment if you like my analysis and work :)
WHAT IF THE ALTCOINS ARE GOING TO FOLLOW FIRST BITCOIN CYCLE? Many of you guys are looking for the next 1000X project to become millionaires. Do you remember the first big wave for Bitcoin? It tested 1150$ in 2013 and after that long downtrend it seemed impossible to reach that level again. Now we all know it was just the first wave of a bigger cycle. Just imagine if the peak in 2018 for all major altcoins was the equivalent of that peak in Bitcoin. How many 1000X or 3000X projects are still available right now? Please write down your favorite projects with a huge potential.
HOTUSDT forming bullish Shark | Upto 112% move aheadHi friends hope you are well, and welcome to the new update on HOLO token.
On the small-time period chart, the price action of the HOT token is completing the last leg of bullish Shark pattern, on breaking down the 25 simple moving average the pattern will be confirmed.
Buying and sell ranges:
The buying zone starts form 0.886 to 1.13 Fibonacci levels, and the sell zone can be the Fibonacci projection between 0.382 to 0.786 .
Stop loss:
The maximum extent of potential reversal zone at 1.13 Fib level can be used as stop loss.
Possible profit and loss ratio:
As per the above targets, this trade has a profit possibility of 112%, and the loss possibility is 21%.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
HOLOUSDT Two pathways i see that can potentially happen.
1. Consolidate around the two fib channel lines (as per blue squiggly) before impulsive move to break 0.001 resistance.
2. Wick to golden pocket zone (yellow lines), consolidate, and impulsively move upwards to break 0.001 resistance.
3. Either scenario requires more consolidation, followed by a break of 0.001 resistance. Plan is to accumulate below 0.001 resistance till inevitable resistance break.
4. Target minimum 0.0014-0.0016 USDT with invalidation below golden pocket (yellow fib lines).