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HOTUSDT

HOT/USDT Assessing Breakout Potential Above Resistance?👀🚀HOT💎 Paradisers, let's examine #HOTUSDT as it's currently showing an intriguing market behavior. The asset is in the process of challenging a significant resistance level, laying the groundwork for its next strategic move. 💎 Looking back at #HOLO recent journey, we've observed its adherence to a descending channel pattern, followed by a break above. Although LSE:HOT faced a rejection at the robust resistance level of $.0002369, it's gearing up for another breakout attempt. A successful breach of this level could significantly increase the likelihood of an upward trend. 💎 However, there's an important caveat to consider. If #HOT fails to penetrate this strong resistance, it may pivot towards a bullish resurgence from the key support level of $0.001761. Conversely, a decline below this support could indicate the onset of a downtrend, underscoring the need for prudent trading decisions. 🌴💰
Long
by MyCryptoParadise_Simon
HOT Future RoadmapHOTUSDT Weekly Chart- These are just my thoughts on areas of significance. I feel like we're still in an accumulation zone. If bullish sentiment continues, I think we exit this area soon. Maybe dips on New Weekly candle (Monday), will provide acc area for next leg up, if/when momentum continues. Key areas of resistance: (Areas to take profit, areas that will provide potential pullbacks for safer entries) Market is in GREED mode right now so best to be waiting and watching for opportunities to present themselves. My goal is to share my knowledge to help regular folks like myself trade safer, and transition into the 10% of Market winners. Thanks for your time! Please like and follow me here for more crypto analysis. **Not financial advice, just my 2 cents.
by Cosmicbag
HOT/USDT Break the Key Area. Upward Momentum ???💎 HOT has indeed captured the market's attention with its recent breakout above a key supply level, signaling the potential for continued upward momentum. Presently, HOT may enter a retesting phase at the demand area, previously a supply zone, at $0.001460. 💎 A successful bounce from this level, Probability could see HOT's price move smoothly toward the targeted supply and bearish order block (OB) areas. 💎 However, should HOT fail to show bullish rejection during the retest at the demand area, it could indicate an inability to sustain higher prices, leading to a breakdown below this level. Such a scenario would suggest a false breakout, with HOT potentially entering a downward trend towards the next lower demand zone, and possibly retreating all the way back to the key support area.
by MyCryptoParadise
2
HOT/USDT In the crucial zone, Need to Break to continue upward 💎 HOT has undeniably captured our attention. Currently, HOT is navigating a pivotal resistance zone and is encapsulated within a descending channel. For HOT to embark on an upward trajectory and validate its bullish potential, it needs to breach both the channel's resistance and the nearby resistance level. 💎 Should HOT stumble at this resistance juncture, it might retreat to the demand zone to gather momentum for another upward push. A successful breakout, especially with a daily candle close above, would serve as a strong bullish indicator, potentially propelling HOT towards the significant resistance at $0.001071. 💎 On the downside, if HOT struggles to maintain its position within the demand zone upon retesting, it might descend towards the support range of $0.000989 - $0.000976. A breach of this could further push HOT towards a critical support level.
by MyCryptoParadise_Nathan
2
#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.
by naphyse
HOT/USDT Bullish ride? 👀 🚀HOT Today Analysis Paradisers, gear up for an enticing opportunity with HOTUSDT! Currently oscillating within a consolidation zone, the presence of demand hints at an impending bullish surge👀 💎 A few days back, it adeptly secured liquidity, addressed the downward OB, and embarked on an upward trajectory. Presently, as the price consolidates, we're anticipating a bullish breakout from the trend line. 💎 Reflecting on past price dynamics, we noticed a shift from demand to supply, leading to a downward movement, especially before the OB was addressed. With a distinct supply zone and liquidity overhead, it's highly probable that the price will address this level soon. 💎 In the dynamic world of crypto, staying informed and adaptable is key. Stay tuned for more updates and enjoy your trading journey
Long
by MyCryptoParadise_Simon
#HOTUSDT Finds Double Bounce for Potential Upside💎Based on our analysis of #HOTUSDT, we have observed a strong bounce off the 227.2% Fibonacci retracement level, which has been tested and respected twice. This indicates a positive short-term outlook for #HOT, with the price likely to approach key resistance levels. 💎The first notable resistance is found at the previous supply/demand zone around $0.0018, while the second and more significant resistance is located at $0.0020. The importance of this second resistance is reinforced by the VolumeProfile and 61.8% Fibonacci retracement levels, suggesting it could play a crucial role in shaping future price movements. 💎However, it is essential to closely monitor the recent support level, as a break below could attract additional selling pressure. Stay attentive to potential developments in this market.
Long
by MyCryptoParadise
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.
Long
by Monovon
1
HOT - daily break soon? Keep in mind - market is probably overheated and will pull back soon...but I still see long trades with absolutely "no risk" as an option. I tracking short time frames for HOT, and try to find a entry, tight stop loss and with a little bit of luck HOT break the daily trend and get a big push upwards...that could lead to a daily break and a good entry point. HOT can move like crazy sometimes, and a good entry point with tight stop loss will give me a decent risk reward ration.
Long
by TaTaTaCrypto
Hot/USDTHot ready to trot in the coming weeks? I say yes. MACD is close to breaking 50. Point 2 of my peeping frog pattern or The big M (Now this pattern doesn't always form) Basically a spring (like a leaping frog! Frog lives at the Spring and it leaps across to the over side.) Wait for thrust above the 32EMA and return to the channel but must not puncture the channel bottom and buy on the return and 5th point of the peeping frog (see chart) and candle close above EMA channel Buy next candle.
Long
by Avery_Upton
2