HOTETH trade ideas
HOLO - ETH Huge Upside Potential! If you've enjoyed some great ETH profits, time to move some over to Holo. On the chart we have RSI and MACD both diverging bullish. This last dip was formed with support on the RSI. Downward trend line will be broken in days, there's a pennant formed on the 4hr chart. First target is the 50MA, with .286 fib trend extension next. Holo is HOT
HOTBTCHOTBTC
Entonnoir : W/D/H4 (swing)
Le weekly est en compression (blanc). Le prix compresse également en daily (jaune) juste en-dessous de la grosse zone de S/R des ~550.
Si on a une sortie de compression daily à la hausse qui casse également cette zone de S/R on sera extrêmement bullish. Rien avant ça.
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Funnel : W/D/H4 (swing)
The weekly is currently compressing (white). The price is also compressing on daily (yellow) right under thos huge zone of S/R at ~550.
If we have a daily compression breakout by the top that also breaks the zone of S/R, this would be extremely bullish. No trading opportunity before that.
$HOT- Holochain in a buy zoneHolochain has seen a % pump over the past few days, which has led to the completion of this Elliot wave.
Doing a fib retracement of the entire wave I laddered my buys between .000452-.000460.
The significance of those prices is that they are right in between the .5 and .618 retracement zones.
The .618 zone being known as the "golden zone"
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HOT/ETH (1D)Zones of interest and targets are on the chart! Good luck everyone!
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