HOTUSDT
I've seen this before... and it didn't end wellI'm looking at all these alt charts like this and all I see is 1999 all over again... sure, "it's different this time"... it's always "different this time." But all's I know is charts like this, on a historical basis, are not sustainable. That's all I know... If you are making hay RN I wish only the best outcome for you moving forward, but I get more and more cautious the more I see these. I've missed the vast majority of these moves; full disclosure. But it's because my experience tells me to be careful. Big money is being made and will continue to be made... for a while. Yet, I feel it my duty to publicly say... on a historical basis... this does not last; so I'm not expecting it to.
$HOT remains ultra-bullishI've held Holocoin since end of January and am really happy with the more than 3000% increase since then. I still remain bullish and think HOT is on its way to a top 25 coin by market cap. It may reach 1/10 of a dollar within the time frame indicated with the red lines, which would mean a hundred-bagger since entry earlier this year. Needless to mention that nothing is cast in stone and we have to review our ideas once the situation changes.
Is HOTUSDT nearing its Peak? Going back in Mid March, when HOT was under consolidation for more than a week, post which it decided to launch and looks like now it is almost nearing the peak.
Overall, Hot is definitely moving in an upward trend (Two black parallel lines) and within that channel it has also formed another upward parallel channel (yellow area). Going by this pattern, HOT could potentially touch another high somewhere close to 0.0312 or it might go under another consolidation before launching again.
HOT is also being supported beautifully by EMA 25 all this while. However it might soon corner HOT against the upper Black line. So what would be interesting to see would be if HOT breaks the upward channel or surrenders against EMA 25 to make it its Resistance.
As shown on the chart there are two potential scenarios here
Scenario 1 (Black path) - EMA 25 and the candles meet somewhere close to the Red line illustrated in the chart and bounce up to create another All time High.
Scenario 2 (Purple Dash path) - HOT to go into consolidation before launching up again.
There is a very good opportunity for the traders, however would advice being cautious considering HOT is getting into the corner.
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NOTE: These are my personal notes and in no way is a financial advice. Do your own research and Trade wisely.
HOT.USDT (Y21.P2.E2).This has been nice to me.Part 2Hi Traders,
If you know something about levels then you will know that this is still bullish and has potential to keep going up.
I wish for the newbies to understand levels and not just patterns. If this level holds, it has plenty to give like bittorrent or wink
However we have this risk looming above us, a rising wedge
All the best,
S.SAri
HOTUSDTHOT had a good run... I'm keeping an eye on it.
A few hours ago it got rejected by a resistance but it got a good support while falling down. Right now it's the second coin right after HNT on the Binance hot coins list.
If you're looking into opening a long position, you should wait for it to pass the first resistance and confirm a break out. wait for the first 4H candle to close above the resistance and then open your long positions.
⚠️ NOTE: This usually happens when a coin gets hot on crypto platforms: it might go down by a little and then get back up to a new high.
Good Luck 🎲
Tell me your ideas. Like and Share 🗣✅
HOT.USDT (Y21.P2.E1).This has been nice to meHi Traders,
Past few days, HOT was my favorite, even traded it in the minute TF at the top .
Gave me my best record of all time, 300% in the shortest time.
Watch this space. I'm looking for a number of scenarios, too early to know what it is, however there is 4 to chose from.
only time will tell us the next clue.
HOW TO TRADE THIS?
Wait for the 4 hrly candle to close bullish.
All the best,
S.SAri.
For the record and I hope I can bring you along the ride when I get my signal service going.
HOT 1D Global analysis, support and resistance levelsWe would like to bring to your attention a global idea for the HOTUSDT trading pair
We have an interesting situation with this coin:
Yesterday, an acquaintance wrote: "Look at HOT ...! Remember, in 2018 we bought it at 7sat, sold it at 21-22sat and went back to long at 11sat.
Well, yes, there was something like that ...
And then there was no positive news background, trading volumes fell, and a drawdown of investments in the coin began. And then HOTBTC was delist by Binance and the coins went to the cold wallet to wait for better times ... "
We looked at the chart, multiplied the number of coins by their value in USDT and realized that better times had come)
Sometimes such a forced hold brings good results)
On the occasion of a good mood, we will share our thoughts on HOTUSDT
Perhaps it will come in handy for holders)
And you, in turn, share your thoughts in the comments on what news is HOT growing and what prospects does it have?
So, now we expect a possible increase in the HOTUSD pair to a maximum of $0.025 , but we need to carefully monitor the trading situation, because BTC becomes very volatile, and it is better to slip the stop as it grows.
And then a weak or deep correction is possible.
However, according to preliminary calculations, after both corrections, a possible continuation of super growth with a maximum target of $0.10 per HOT , although the time frame for reaching the target will differ depending on the depth of the correction.
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Since 2016, we have been analyzing and trading the cryptocurrency market.
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