#HOT/USDT Ready to go higher#HOT
The price is moving in a descending channel on the 1-hour frame and sticking to it well
We have a bounce from the lower limit of the descending channel, this support is at a price of 0.0078
We have a downtrend on the RSI indicator that is about to be broken, which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 0.002423
First target 0.002543
Second target 0.002695
Third target 0.002844
HOTBTC
#HOT/USDT Ready to go up#HOT
The price is moving in a descending channel on the 1-hour frame and sticking to it well
We have a bounce from the lower limit of the descending channel, this support is at 0.002700
We have a downtrend on the RSI indicator that is about to break, which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 0.003323
First target 0.003700
Second target 0.004027
Third target 0.004440
#HOT/USDT#HOT
The price is moving in a descending channel on the 4-hour frame upwards and is expected to continue
We have a trend to stabilize above the moving average 100 again
We have a downtrend on the RSI indicator that supports the rise by breaking it upwards
We have a support area at the lower limit of the channel at a price of 0.001500
Entry price 0.001712
First target 0.001830
Second target 0.001919
Third target 0.002034
#HOT/USDT Ready to go up#HOT
The price is moving in a descending channel on the 4-hour frame and sticking to it well
We have a bounce from the lower limit of the descending channel, this support is at 0.001880
We have a downtrend, the RSI indicator is about to break, which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 0.002180
First target 0.002234
Second target 0.002372
Third target 0.002540
#HOT/USDT#HOT
The price is moving in a descending channel on the 1-hour frame
And it is sticking to it well
We have a bounce from the lower limit of the ascending channel and we are now touching this support at a price of 0.001550
We have a downtrend on the RSI indicator that is about to be broken, which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 0.001570
First target 0.001612
Second target 0.001643
Third target 0.001678
#HOT/USDT#HOT
The price is moving in a descending channel on the 12-hour frame and is sticking to it to a large extent and it was broken upwards
We have a bounce from the lower limit of the channel price 0.001440
We have an upward trend on the RSI indicator which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 0.001600
First target 0.001800
Second target 0.001957
Third target 0.002135
HOLO (HOT) paired with USDT, focusing on a 4h tmeframeTechnical Analysis by Blaž Fabjan
Ascending Channel:
The price is moving inside an ascending channel with clear resistance and support lines. This channel is characterized by higher highs and higher lows, indicating an upward trend.
The price has previously bounced off the support line multiple times, confirming the validity of the ascending channel.
The price action is approaching the upper resistance line of the channel, which could act as a barrier for further upward movement unless broken.
Potential Scenario:
The chart suggests a pullback after testing the resistance, with the potential for the price to drop back to the support line of the ascending channel before resuming its upward momentum.
The upward arrow drawn on the chart indicates an expectation of a bullish continuation after the pullback.
RSI (Relative Strength Index):
The RSI indicator currently sits around 58, which is in the neutral zone, not showing overbought or oversold conditions. This suggests that there is still room for the price to move in either direction.
A possible future rise in the RSI towards overbought levels (above 70) would align with the forecasted bullish move.
Stochastic RSI:
The Stochastic RSI is above 80, indicating that the asset is in overbought territory. This supports the idea of a short-term pullback before another upward move.
Once the Stochastic RSI cools down and approaches oversold levels, it could signal a better entry point for a long position.
MACD (Moving Average Convergence Divergence):
The MACD is slightly bullish with some divergence, showing that momentum is in favor of buyers, but it's not very strong.
A potential bullish cross of the MACD signal lines could confirm further upside momentum.
Volume:
The volume seems relatively stable, although not significantly high. Higher volume on a breakout above the resistance line would confirm a stronger bullish trend.
Trading Plan:
Entry Point:
Wait for a pullback towards the support line of the ascending channel (around $0.00165 - $0.00160), which could provide a better entry point for a long position.
Confirm entry with a bounce off the support line, or when indicators such as the RSI or Stochastic RSI reach oversold conditions.
Stop Loss:
Place a stop loss below the support line of the channel, at approximately $0.00155, to limit losses in case of a breakdown below the channel.
Target:
First target: Resistance of the ascending channel (around $0.00180 - $0.00185). This aligns with the previous highs, offering a solid take-profit level.
Second target: If the price breaks above the resistance line with strong volume, the next target would be around $0.0020 or higher, following the bullish projection shown by the arrow in the chart.
Risk Management:
Ensure the risk-to-reward ratio is favorable, aiming for at least 1:2. For example, if risking 5% (stop loss at $0.00155), the first target should yield at least a 10% gain.
Confirmation:
Before taking any position, look for confirmation through price action, such as bullish candlestick patterns (e.g., bullish engulfing) or strong buy volume when the price touches the support line.
This trading plan outlines a potential setup based on the chart. However, always remember to adapt based on real-time market conditions and further confirmations from your indicators.
#HOT/USDT#HOT
The price is moving in a descending channel on the 4-hour frame and is sticking to it very well and is expected to break it upwards
We have a bounce from a major support area in green at 0.001300
We have a downtrend on the RSI indicator that was broken upwards which supports the rise
We have a trend to stabilize above the 100 moving average which supports the rise
Entry price 0.001540
First target 0.001700
Second target 0.001850
Third target 0.002030
HOT ROAD MAPOn the HOT chart, we have 3 big ABC waves.
The time of wave A is about 416 days, the time of wave B is about 550 days.
It is expected that the time of C wave will last about 400-500 days.
It should be stated that HOT is very interested in triangle patterns.
Wave A was a contraction triangle.
Wave B was an expansion triangle.
Now wave C seems to have 3 waves. that wave a of C is an expansion triangle and we are now in wave b of C.
On the green range, it is observed that wave b of C will end and we will enter wave c of C.
The targets are clear on the chart.
Closing a daily candle below the invalidation level will violate the analysis.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
#HOT/USDT#HOT
The price is moving below a downtrend on a 1-hour frame, and the trend is being tested now and is about to break to the upside.
We have a bounce from the green support area at 0.001260
We have a tendency to stabilize above the Moving Average 100
We have a downtrend on the RSI indicator that is about to break higher and supports the rise
Entry price is 0.001380
The first target is 0.001560
The second goal is 0.001680
The third goal is 0.001800
HOT is bullishWe have bullish iCHs on the chart.
A resistance line has also been broken.
By maintaining the demand area, it is expected to move towards the targets. I specified the targets on the chart.
Note that the financial market is risky, so:
Do not enter any position without confirmation and trigger.
Do not enter a position without setting a stop.
Do not enter a position without capital management.
When we reach the first TP, save some profit and try to move the stop continuously in the direction of your profit.
If you have any comments please post them, comments will help us improve our performance
Thanks
#HOT/USDT#HOT
We have a bearish channel pattern on a 4-hour frame, the price moves within it and adheres to its limits well
We have a green support area at 0.002228
We have a tendency to stabilize above moving average 100
We have a downtrend on the RSI indicator that supports the price higher
Entry price is 0.002220
The first target is 0.002458
The second goal is 0.002753
The third goal is 0.003050
#HOT/USDT#HOT
We have a bearish trend pattern on a 4-hour frame, within which the price moves and Respect its limits well.
We have a major support area at 0.00200
- We have a tendency to stabilize above moving average 100
We have an uptrend on the RSI indicator that supports the price higher
Entry price is 0.002200
The first target is 0.002350
The second goal is 0.002569
The third goal is 0.002790
#HOT/USDT#HOT
The price is moving in a downward channel on a 4-hour frame, about to break upward
The area in green is a very strong support area at the price of .00300
We have an RSI indicator coming up. The fraction is up
We have a higher stability than Movink Afrig 100
Entry price is 0.0033
The first target is 0.0036
The second goal is 0.00400
The third goal.004470
HOTUSDT - LONG or SHORT breakout ? HOTUSDT is currently consolidating around its support zone of 0.00185 and we can expect the consolidation to continue for next few days.
We have both LONG and SHORT opportunity here depending on whether the price breaks the support zone or bounce backs after consolidating at the support zone.
We will share more details about the trade once the price moves. Stay tuned for more updates.
Like and follow us for more similar ideas.
Cheers!
GreenCrypto
#Hot#Hot/usdt
The price has been trading in a large bearish channel since July 2022
Recently, it broke a small bearish channel at the price of 0.001100.
It heads to the upper border of the large channel at 0.001900. First target
In the event that the large channel is broken, the price will head to the 0.002500 level.
as a second target at a rate of 120% of the current price.
All of this is supported by oversold conditions on the MACD indicator.
#HOT #holo is very well accumulated#holonetwork is sitting on a strong, historical support and looks very well...
If market decides to move #holo here, the pump will be insane. Otherwise, I highlighted the another strong support on the chart.
NOT FINANCIAL ADVICE.
#holonetwork güçlü, tarihi bir destek üzerinde oturuyor ve çok iyi görünüyor...
Piyasa #holo'yu buraya taşımaya karar verirse pompa çılgına döner. Aksi takdirde grafikte başka bir güçlü desteğin altını çizdim.
FİNANSAL TAVSİYE DEĞİLDİR.
BTC is king, not cashI think we are still on target Like I said, Monday it will bounce as we see the W form for the bull run up to $45k+ this summer. I do think by year-end we see 70k-80k mostly due to world markets crashing, housing markets crashing soon, and the economics of the world pushing uncertainty making BTC a safe haven for money as more and more of the world jumps on board with digital currency. I believe BTC will always lead and that ETH will never catch up for this reason. Cash is not king anymore and the US is losing its value, they will also fail to regulate BTC but will use it as an attempt to remain a world leader. Things will still change as the fight for power and manipulation of currency worldwide gets wiped out. I also see Gold not becoming a good thing to hold as you can't get change back for it and it is way too hard to trade open world. Crypto is the only way out and it's putting people in power more and more over the Governments. Rise of Freedom and rebuilding of countries to serve the People instead of controlling the people. A major flip worldwide is happening and BTC will fund it. Poor become rich, Rich becomes poor and people will unite as a world and dethrone the Kings and Queens.
Let the hunger games begin!
Hope you enjoyed reading and keep Frosty. Never invest or trade more than you can afford to lose. always check and double-check the address you send to, and do a $1.00 test to confirm. stay safe and take control of your life. It's your story, not theirs! God Speed.
long setup for hotHi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG the HOT symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
Holo (HOT) - June 2hello?
Traders, welcome.
If you "follow", you can always get new information quickly.
Please also click "Like".
Have a good day.
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(HOTUSDT 1W Chart)
Anything below 0.002275 is likely to be a mid- to long-term investment area.
From a mid- to long-term point of view, it should rise above 0.004583 to continue the uptrend.
(1D chart)
In the short-term and medium-term perspective, it needs to move above 0.002715 to turn into an uptrend.
(buy)
- After confirming the support at 0.002715
(Stop Loss)
- When it falls below 0.002275
(Sell)
- When receiving resistance in the range 0.004583-0.006284
- When resistance is received in the range of 0.009011-0.012325
If it rises above 0.012325 and finds support, it is expected to surge.
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** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator will move accordingly as price and volume move.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
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