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HOTUSDT

AGAIN WITH HOT! :)Hello everyone, this is the third idea I post on HOT. Last time I mentioned a few scenarios, and the one who played out we the GREEN LINE - BEAR SCENARIO. This led to forming a new line (NL in the chart/purple color) breaking the old one (OL). Still it remains in a downtrend, while in the general YTD, it has made massive a run. But where to now? Again I will mention to scenarios. SCENARIO- The first scenario looks to test again the 0.0145 area, by making a push to the area there. The line to break now, for a confirmed full short time bull run is the red line (AREA TO BREAK in the chart). If it breaks that and it holds, we see a very huge run soon. If it gets rejected, it will try to consolidate in the areas in between, which is a good thing for trying again very soon. RSI indicates that this trend will probably come to an end, looking for a consolidation moment before another run. If the run begins, it will last 3-6 days, in need to break the ATH and forming a new one. SECOND SCENARIO- Dependable on the volatility of the market, this scenario has to mentioned. If you are looking for a short term trade, you definitely need to put SL. In this scenario, (The yellow line in the chart) indicates a move to the 0.0086, where the last run started, looking to do a parabolic move again, which will lead to a new ATH. RSI indicated that too. But due to the volatility of the market in general, make sure that this does not close below the red line (MUST NOT CLOSE UNDER THE LINE in the chart) or that will indicate a quite big rejection. In short term trading, you have to be really careful with HOT, unless you are looking to fill your bags for the long term ride, there is nothing to worry as these things are very normal in the crypto market, what goes up, goes down hard. But soon it can go up hard again. So no worries. Don't forget to be careful in general with the market. Trade with patience. If you have any comment, you can share it with me. Good luck. :)
by UnknownUnicorn17670525
8
HOT / USDT bullish movement is about to happen.Hi every one HOLO / TETHER HOT/USDT has formed a bullish pennant with a Hidden bullish divergence on RSI indicator as well . the chance of bullish movement for HOT is pretty great ! after the Break out the Price can Increase as much as the flag pole! Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad. Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!! Thank you for seeing idea . Have a nice day and Good luck
Long
by CobraVanguard
19
HOT is HOT? ;)Hello, I am publishing another idea on HOT. Last time, I said it seemed bullish, but did not break the triangle, so trend was not confirmed bullish. In that case the trend remained bear again, but seems as support (yellow lines) are holding pretty good. In general the market has been pretty volatile and HOT looking to recover and accumulate. As you can see from the chart, in general, HOT is very bullish in the long term, but I am going to talk about the short term and mid term scenario. In long term, you can enter anytime, as right now is a good moment. The white circle indicates and over pumped moment of HOT, as it was the FOMO. FIRST SCENARIO- HOT jumps to the TP1- 0.019$ area and then continues the trend until 0.025$ area. IMO entry point should be somewhere between the 0.018-0.0195 area. Stop loss below 0.0173 area. In the mid term, if this scenario plays out, which is quite possible, new ATH is one the verge of coming soon. SECOND SCENARIO- Not as possible as the first, but due to the volatility of the market, we can not leave without mentioning it. If it does not reverse the trend, we could see it drop to the 0.014 area first and then maybe to the 0.012 area, which will be a good entry point for another mid-term and short-term deal. In long term, HOT has opened a very bullish pattern, with more peaks to be reached. In the short and mid term, you need to be a little careful trading and do not forget to put SL. Do your own research too. Hope this has helped, if you have any other idea, you are free to comment. Good luck trading. :)
by UnknownUnicorn17670525