Do you believe in cycles?Holochain was a great investment in the previous cycle as it ran against ETH more than 10 times.
I think if you're looking to increase your ETH position then accumulating Holochain would be an amazing strategy. In the previous cycle you can see the amount of time it took for the HOT/ETH pair to bottom out and took roughly 7 weeks to complete its bullrun.
If this is supposed to happen again then time wise we are approaching the area that it should.
Sadly this is a speculative play but when I look at the tokenomics behind HOT I can see that all tokens are in circulation, meaning there are no unlocks left and there is no staking as the FDV is equivalent to its Market Cap.
I am accumulating as the risk to reward for now is in my favour.
Have a great week folks.
HOTUSD
Holo BUY NOW TP 4%The price of Holo (HOT) is $0.002165108177 today with a 24-hour trading volume of $21,390,093. This represents a -1.7695617555449885% price decline in the last 24 hours and a 1.841275173440036% price increase in the past 7 days. With a circulating supply of 180 Billion HOT, Holo is valued at a market cap of $384,305,085.
Holo (HOT) - June 2hello?
Traders, welcome.
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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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Trading opportunity for HOTUSDT HoloBased on technical factors there is a long position in :
📊 HOTUSDT Holo
🔵 Long Now 0.002538
🧯 Stop loss 0.002450
🏹 Target 1 0.002735
🏹 Target 2 0.003010
🏹 Target 3 0.003585
💸Capital : 1%
We hope it is profitable for you ❤️
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💡Don't miss the great buy opportunity in HOTUSDTTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.004835).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. HOTUSDT is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 71.
Take Profits:
TP1= @ 0.005328
TP2= @ 0.005794
TP3= @ 0.006197
TP4= @ 0.006633
TP5= @ 0.007166
SL= Break below S2
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💡Don't miss the great buy opportunity in HOTUSDTTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.004835).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. HOTUSDT is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 71.
Take Profits:
TP1= @ 0.005328
TP2= @ 0.005794
TP3= @ 0.006197
TP4= @ 0.006633
TP5= @ 0.007166
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex / Crypto trader ?
Now, It's your turn !
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
Trading opportunity in HOTUSDT- Symmetrical Triangle PatternBased on technical factors (Symmetrical Triangle Pattern ) there is a long position in :
📊 HOTUSDT
🔵 Long Now 0.006575
🧯 Stop loss 0.006150
🏹 Target 1 0.007500
🏹 Target 2 0.008800
🏹 Target 3 0.009900
💸Capital : 1%
We hope it is profitable for you ❤️
Please support our activity with your likes👍 and comments📝
$HOLO is Very Hot, Here's My Trade Idea,Buy Zone & Targets $HOT Hey Traders,
Here's my trade Idea for $HOT #Holochain
Buy Zone Between $0.00435~$0.00408
OR Buy with a stoplimit Order at $0.0049
StopLoss: 1 Day Close Below 0.003666
Targets Are:
$0.005656 ~ $0.005858
$0.006363 ~ $0.006565
I suggest using an OCO Buy order if you're using Binance.
NFA, DYOR, and Good luck.
Let Me know what do you think in the comment? press that like button to show support!
Remember, NEVER use more than 5% on any trade, and Always use a STOPLOSS.
HOT about to MAKE A BIG MOVE!Hello, I am back with an idea on HOTUSDT pair, time frame 1 day. HOT for an entire year has been following a descending triangle for an entire year now that has held a strong support in the area between 0.004-0.0045. This pattern very soon can trigger a big movement, either a reversal or a follow up to the downtrend. But at the moment, to me it looks as a good entry either way following the trade with a SL in the area below 0.004.
1st Scenario - it is usually the scenario I think has more chances of happening. Looking at the daily RSI, the pattern feels ready for a small breakout of the falling wedge leading to a near 100% (dependable on the entire market movement) as generally I see a small bullish trend near March for most coins(likely altcoins). This move could be followed by a 300% move from where we are now if it break the triangle. Always look for breakout areas out of the pattern.
2nd scenario- BTC is following up with my analysis which I expect one last drop. Due to that drop, a fakeout can happen and a wick can be see formed lower than the support. However I see HOT not going lower than 0.003, and if we lose that no lower than 0.002 and from there a consolidation could take place. And then HOT can enter the triangle again.
A reminder, follow the breakout areas in either sides, but most likely we will see a huge breakout or wick very soon as the volume indicates that too. If you have any comment, you are welcome.
Trade safe, trade smart, and always use SL during this time. :)
Holochain (HOT) looking to explode soonAnalysis of HOT/USDT chart. MACD indicator is starting to show positive momentum being built. RSI indicator shows how we have broke a downtrend while being positioned at a good mid-level of about 53%, ready to take off. If we break the downtrend on the daily chart, big green candles would be printed really fast in my opinion. Let's see what time will tell us.
Take Profit Levels (TPs):
1st = $0.01650
2nd = $0.02825
3rd = $0.03160