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Hotusdtlong

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 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
HOT/USDT : Pulled back from bearish trendline BINANCE:HOTUSDT Hello everyone 😃 It seems that volatility wants to being bullish again ! It had a pullback from last broken bearish trendline. Also it's above a support zone. We expect a pressure on selling while HOT approaching MAs... However some of the Indicators Specially volatility is being bullish on high timeframes ( 12H ) !! 🔴 We can say that market is recovering to reach 59K level on BTC; Now everything is about recovery's duration... Attention: this isn't financial advice we are just trying to help people on their own vision. Have a good day! @Helical_Trades
Long
by Helical_Trades
8
HOTUSDT Bullish Impulse is hereHey guys, here with another analysis. HOTUSDT been waiting for it to reach this area for some time and we are here. Please do like, comment and follow for more if you want more analysis like this. Daily, we can see it has come to this S/R area where I havent seen a bullish candle yet, but I see exhaustion of sellers. Better confirmation would be to wait for the daily bullish candle to form then entering. Coming down to H1 we can see bulls are trying to get in and I have entered already. If you trade futures, then please use small leverage 5x etc. or you can just buy on spot with some of your capital and hold it. The target I showed you is about 70%. But i see it going to at least $0.04. Please know that I have taken a aggressive entry. Please if you do enter, use proper risk management because crypto can be really volatile. This is just an analysis, enter if your rules are met, I am just showing you a potential trade which can bring profit. Bye :)
Long
by saynfx
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. :)
Long
by UnknownUnicorn17670525
3
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. If you like my analysis then do send your support using LIKE button and dropping a COMMENT. Also do SHARE it with your friends. And don't forget to smash that FOLLOW button to get daily analysis on different crypto currencies. NOTE: These are my personal notes and in no way is a financial advice. Do your own research and Trade wisely.
Long
by Manjyot
HOTUSDT forming bullish Shark | Upto 112% move aheadHi friends hope you are well, and welcome to the new update on HOLO token. On the small-time period chart, the price action of the HOT token is completing the last leg of bullish Shark pattern, on breaking down the 25 simple moving average the pattern will be confirmed. Buying and sell ranges: The buying zone starts form 0.886 to 1.13 Fibonacci levels, and the sell zone can be the Fibonacci projection between 0.382 to 0.786 . Stop loss: The maximum extent of potential reversal zone at 1.13 Fib level can be used as stop loss. Possible profit and loss ratio: As per the above targets, this trade has a profit possibility of 112%, and the loss possibility is 21%. Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
Long
by moon333
2