HOTUSDT
HOT set sell limit to $0.025HOT is going to have another monster rally. Here is the flagpole length on the next run.
HOTUSDAs I said last weeks...HOT remains one of the projects I believe in and have invested in!
I will keep looking to invest but I will wait to see how it closes the week and if it rejects from the Fibonacci 618 level!
If it closes below the 618 Fibonacci level I will wait for the next one to buy at the 786 Fibonacci level!HOTUSD
THIS WEEK...has closed above the Fibonacci 618 level and now I will look for BUY until the 0.02-0.024 area in the next period!
NOTE: Please, give a LIKE if you find this idea useful!
GREAT ATTENTION:
Our analyzes have an accuracy of over 92% in the last 5 months
We also recommend avoiding short-term trades during this period because news can appear at any time that can destabilize the market.
*This information is not a Financial Advice.
One more week of sideways actionLooking at the bollinger band it looks like will see one more week of sideways before we have another pump to the upside.
My idea for a strategy for HOT is if you bought it between 0.014-0.015 you still in a good buy in zone.
At target point 1, I am taking out my initial investment as that could be the top and go down and atleast anything else is like extra bonus to hold.
Depending on if we are really in this big channel then target 2 could be the top and choose to sell all or sell half if you think it might go even higher.
Because last top we move down so much and consolidate for such a long time, for me I feel target 2 could be the top. For Holo definetely need a good exit strategy and not HODL too long when it touched the top.
Hot for HOT HOT looks to be making some moves and could explode in the very near future.
Broke above resistance line and looks to have found support along this trend line.
We can be seeing a strong bounce and then a measured move from here could take us up to .07… nearly 400% gains.
The BTC chart looks just as spicy.
Breaking out of a bull flag now. Measured move of 160%, though depending on BTC’s current movement that could be more or less.
Take a look and let me know what you think.
BINANCE:HOTUSDT
HOTUSDT (HOLO) - POTENTIAL BUY ENTRY ANALYSIS 🔎
- HOTUSDT was resisted by the descending trendline resistance (DTR-1).
- Price brokeout above the descending trendline resistance (DTR-1).
- The market hit a swing high and retraced.
- Price is retesting and descending trendline resistance (DTR), the key fibonacci retracement zone (0. 5-0 .618 - 0.786) and horizontal support level (S1).
- The retracement is resisted by the descending trendline resistance (DTR-2).
- There's a breakout potential.
BUY ENTRY ⬆️
- Breakout above the descending trendline resistance (DTR-2).
- Retest of the descending trendline resistance (DTR-2) after the breakout.
TARGETS 🎯
- Horizontal resistance level (R1).
- Horizontal resistance level (R2).
- Fibonacci extension levels.
SETUP INVALIDATION ❌
- Breakdown below the 0.786 fibonacci retracement level.