#HOT/USDT#HOT
The price is moving in a descending channel on the 4-hour frame and is sticking to it very well and is expected to break it upwards
We have a bounce from a major support area in green at 0.001300
We have a downtrend on the RSI indicator that was broken upwards which supports the rise
We have a trend to stabilize above the 100 moving average which supports the rise
Entry price 0.001540
First target 0.001700
Second target 0.001850
Third target 0.002030
Hotusdtforecast
HOT (Holo) Token Analysis 05/04/2021Fundamentals:
Holo is a peer-to-peer distributed platform for hosting decentralized applications built using Holochain, a framework for developing DApps that does not require the use of blockchain technology. The goal of Holo is to serve as a bridge between the broader internet and apps built using Holochain, offering an ecosystem and marketplace in which DApps are easily accessible, as they are hosted on the internet by Holo network participants.
The Holo network will be facilitated using a token called HoloFuel, which is actively being tested and will act as an accounting system to pay hosts for their services. In 2018, the project minted an ERC-20 token, HOT — also known as HoloToken — as an "IOU" that will be redeemable for HoloFuel upon launch.
Holo is still in development and is expected to launch for open alpha and beta testing by 2021.
According to its "green paper," Holo is designed to act as a bridge between Holochain, which represents the world of crypto technology, and everyday users. The project highlights several innovations that it says will "enable a large shift in the landscape of crypto applications and currencies," including the ability to host P2P apps on the internet for mainstream users.
The Holo network relies on a series of hosts that provide storage and processing power for DApps built using Holochain. Hosts either install software on their computer that runs in the background and automatically allocates extra processing power to Holochain-based DApps, or they operate a dedicated machine such as a HoloPort. In exchange, hosts are paid in HoloFuel, a token that is specifically designed for microtransactions. The design of HoloFuel is expected to allow the Holo network to process billions of simultaneous transactions.
The project's business plan centers on building a P2P ecosystem of hosts and applications, comparing its intended effect on app hosting to that of Uber and Airbnb on the taxi and hotel industries, respectively. Holo charges a fee on HoloFuel transactions, so its revenue model is directly tied to growing the number of applications and hosts on the Networks
The Holo network acts as a bridge between the centralized internet and Holochain, which does not rely on traditional blockchain technology. As such, it does not rely on global consensus to secure its networks. Rather, each DApp has its own set of validation rules and a local hash chain on which it can store cryptographically signed records. When data is transmitted across multiple nodes, random peers act as validators, receiving data and verifying that it follows the correct rules. Validators use a gossip protocol to share good data among one another and warn of bad data or blacklist bad actors.
According to its development team, Holo is designed to be as decentralized as possible in order to reduce the risks associated with giving any one entity too much power. The connection between hosts and applications is end-to-end encrypted, and Holo uses a globally distributed network of servers.
Holo held an "initial community offering" from March 2018 through April 2018. Ultimately, 177.6 billion HOT was minted through a demand-determined process, with 133.2 billion HOT (75%) allocated for public sale and 44.4 billion HOT (25%) reserved for the team and company. Team tokens were not subject to vesting or lock-up periods.
Once HoloFuel is launched, HOT tokens will be able to be swapped at a one-to-one ratio for HoloFuel tokens. In January 2019, Holo stated that instead of being immediately burned, the swapped HOT will instead be kept as a reserve currency to provide liquidity to HoloFuel holders.
HoloFuel will have no supply limit. Rather, it is designed to be dynamic and incorporate a credit system, allowing users to have negative balances. The supply will be controlled algorithmically, contracting and expanding in response to demand and as the relationships between users with negative and positive balances change. Holo intends for this to cause the price of its tokens to remain relatively stable from moment to moment, rather than be subject to wild, speculative price swings.
The live Holo price today is $0.028641 USD with a 24-hour trading volume of $2,286,592,015 USD. Holo is up 18.49% in the last 24 hours. The current CoinMarketCap ranking is #28, with a live market cap of $4,845,112,709 USD. It has a circulating supply of 169,164,199,065 HOT coins and the max. supply is not available.
The top exchanges for trading in Holo are currently Binance, HitBTC, Paribu, Gate.io, and Bitrue.
HOT can be purchased on cryptocurrency exchanges such as Binance, Bitrue, ProBit Exchange and MXC.COM, among others. It can be traded on spot markets against fiat currencies such as the U.S. dollar and the euro, cryptocurrencies such as Bitcoin (BTC) and Ether (ETH) and the stablecoin Tether (USDT).
Are you interested in buying HOT or other cryptocurrencies such as Bitcoin? CoinMarketCap has a simple, step-by-step guide to teach you all about crypto and how to buy your first coins.
Holo was founded by Arthur Brock and Eric Harris-Braun, both of whom are experienced contract coders. The two first started working on the project in December 2016 as a part of the MetaCurrency Project, a developer of tools and technology designed to power a future P2P economy. Holo was partially modeled after Ceptr, a cooperative P2P framework for DApps that the two had previously worked on.
Brock has prior experience coding alternative currency systems as the founder of Geek Gene, a company that developed community-building tools, including more than 100 alternative currency solutions. He also co-founded social-enterprise incubator Emerging Leader Labs and founded open-source education "starter kit" Agile Learning Centers. In March 2019, Brock was named a fellow of the New Zealand-based Edmond Hillary Fellowship.
Harris-Braun started programming full time in 1988 and is the founder of Glass Bead Software, a developer of peer-to-peer communication software, as well as co-founder of Emerging Leader Labs alongside Brock. In 2003, he co-founded Harris-Braun Enterprises, a freelance software development and consulting firm. He has also served on the advisory board of the Schumacher Center For New Economics.
Technical Analysis:
as you can see the price has done its accumulation phase and now started its up move
MACD is very Open to have more Bullish wave
there are total of 4 Targets defined by Fibonacci Projection of the initial impulsive wave.
the 2 TP gets its confirmation as soon as the price Triggers the 1 TP.
rest Targets are on the line to go with some Price Correction and Retracements along the way to the Top Targets
this position may take few months but it is worth of investments
Holochain targets for this yearPossible Targets and explanation idea
➡️Cuz all noise and open Weekly chart. Trader over 330 days in sideways in -0.27 zone
➡️-0.27 zone always play out like accumulation zones. Higher timeframe more important zone
➡️Trade under fundamental price (real value) based on Take profit indicator.
➡️Take profit now at 0 level by fib 0.0082 where we will see rejection for the first time
➡️All lines are dynamic.
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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. :)
HOT interest ZONEBINANCE:HOTUSDT
✅Before we start to discuss, I would be glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it.
Thank you.
Possible Targets
➡️On right side I marked Interest ZONE where we can see huge volume from buyers
➡️ On RSI we are lay down on bottom on D1 - bullish
➡️Can see one squeeze down grab liquidity in imbalance zone (huge wick on D1)
➡️Yellow lines I marked potential move for HOT in next few weeks.
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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
HOTUSDT , We need to watch to buy in ...Hello everybody
Whats up ?
In here the trend finally changed to upward , we have more keys to change trend and now we are in upward trend but we have minor resistance in the way , if the price can break this area the target that shown on chart is near to us
Please becareful and attention to money management
Be with us and sleep comfortably
Good Luck
Abtin
HOTUSDT (12h CHART) - Next Target!?HOTUSDT (12h CHART) Technical Analysis
Flag Pattern
HOT/USDT (12h CHART) currently trading at $0.0112
Buy-level: Above $0.0113
Stop loss: Below $0.0096
Target 1: $0.0122
Target 2: $0.0130
Target 3: $0.0145
Target 4: $0.0166
Max Leverage: 2X
ALWAYS KEEP STOP LOSS...
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💡Don't miss the great buy opportunity in HOTUSDTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.010628).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. HOTUSD 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 59.
Take Profits:
TP1= @ 0.011458
TP2= @ 0.012493
TP3= @ 0.013450
TP4= @ 0.014862
TP5= @ 0.016826
SL= Break below S2
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💥HOLO TO FALL TO $0.0073 & RISE BY 30% TO $0.0095Please support this idea with a LIKE👍 if you find it useful🥳
Right here is an inverted H & S pattern which clearly showed that price will fall to complete the right shoulder before an upmove to $0.0095 to complete it's formation.
Therefore, I expect a fall to $0.0073 then a rise by 30% to $0.0095
What do you think?
Share your opinion in the comment section✍️
Follow me to receive more updates on HOLO (HOTUSD) 🤗
Happy Trading💰🥳🤗
HOT AT THE END OF FALLING WEDGE?!Hello, I am back with another idea on HOTUSDT pair, 2h time frame. BTC has really messed the market a bit, but HOT looks strong in the area between 0.0075-0.0092. Every time btc drops, HOT seems to hold strong. However, I will state two scenarios here, due to the fact that I am not very bullish on BTC yet.
FIRST SCENARIO- We are seeing a falling wedge movement from HOT. According with the movement of BTC, it is forming a quite strong bullish scenario if BTC gets stable, starts to accumulate. However, it needs a breakout in the orange lines for a bit, and the moves straight up, to the ATH probably. However, TP1 for me is 0.011, TP2 is 0.016, so I can call it ready to move to another very bullish move to the ATH and more and complete it finally.
SECOND SCENARIO- If BTC drops to 35k and lower, I guess we will go straight to the black circle in the chart, and hopefully bounce back there, as long as it still remains in my chart, AREA WE MUST NOT CLOSE UNDER. It has been effective and I still think we can form a bottom there. However, be careful with your trading. Keep a close eye on BTC. And be smart and patient. Hopefully, HOT will bounce back strong. If you have any comment, you feel free to add anything. :)
BULL FLAG AT HOT. :)Hello, I am back with another idea at HOTUSDT pair. In my last ideas I showed you different scenario (you can check them in my profile) and they all played out very well. I have not deleted some parts of the charts I have been using for a month at HOT and they seem to have remained the same. Now I would like to share with you the most possible scenario and worst case scenario (dependable on BTC and its dominance)
FIRST SCENARIO (high possibility to happen)- Rarely do you see a quite beautiful bullish flag as you may see it in HOTUSDT pair. We can see the continuation of that bull flag, and probably very soon it will come to an end. In that case, a real breakout confirmation it's needed in the chart. If it breaks above 0.0165-0.017, it is a confirmation for an uptrend. The red line I have mentioned in the last analysis (AREA TO BREAK) remains the same. Breaking there is a confirmation we are having a strong uptrend. TP1 sits at 0.019-0.020 for a small retest and uptrend to TP2-0.026 and TP3 - 0.031 (ATH) and probably higher. Scenario very possible as bull flags are typically very bullish moves. Don't get triggered by a small fake out in an downtrend.
SECOND SCENARIO- I do not think this can happen but just a bear market can cause this. If the fake out in an downtrend closes under the yellow support line at 0.0145, the trend has changed. In that case, you can short and enter in the 0.011-0.0013 area. However, be sure to put a Stop loss at 0.014-0.0145 area.
Hope you enjoy my idea and if there is any comment let me know. But all the indicators are relaxing for a big bullish move. However, you always need to be careful. Good luck trading. :)
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. :)
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. :)
HOTUSD BUY/LONG NOW READY! 0.015 to 0.0450Chart Entry: 0.015 - 0.017
1st SAFE Take Profit: 0.0450
Technical Analysis
1. Pennant Pattern
2. Fibonacci Retracement at 0.618 (Golden Zone)
3. Potential Pennant Breakout (incoming)
5. Fibonacci Expansion Safe Take Profit Level 1 (Grey Zone) Also the length of Flagpole
HOT looking bullish ;)Well we have seen HOT do a correction in the past days, after a big growth in the past few weeks. It looks now as it is about time it will go up again, trying to reach new ATH. It looks as in the 6h pattern is creating a very strong bullish pattern that could breakout anytime soon. Indicators show that it could follow two pathways, so you need to make your own research before investing. It did try to break the resistance levels but it retraced back and now forming good bullish form for long term. In the next 1-2 days if the breakout is confirmed, we could see a very bullish uptrend. If it goes down, another very good entry point at the area mentioned. HOT is actually a very good project, which I see it as a long term investment. It just maybe need some time to cool off. The new targets are 0.031-0.035 area and then trying to reach 0.045. If it breaks that, we could see it going 50-100%. It is a matter of days now. Do your own research too. But HOT is still HOT. :)
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.