HOT to soar if we see breakout - HolochainI did an rudimentary analysis of a number of charts today to try to understand how to best capitalize on the bullish markets. My expectation is that we could see a $54k BTC in the coming days week, and I believe the rest of the markets will be chasing the upward movement. So, my question is, how to get the greatest upside in the bull run.
As I looked though my list of about 25 crypto tokens that are of most interest to me, the chart for HOT (Holochain) looks most interesting to me.
There is a huge loyal community behind Holochain, and where the buy pressure starts, it's likely to cause the price to move up very quickly.
HOT previously saw highs of over 0.03, which represents a potential upside of over 3x on the current price if retested.
As you can see on this chart, there are a couple resistance levels in the near term but if we can see HOT move through those resistance levels, I'm looking for a potential 50-100% move in the weeks following.
Always do your own research. I am absolutely a novice at this, so don't take this as investment advice.
Happy trading.
