HOTUSDT trade ideas
Holochain next targetHolochain is finally about to explode after nearly two months of boredom. It created a double bottom pattern on the daily chart. Expecting it to pick up and rally sometime early next week hopefully. Once it breaks its previous resistance (all time high around 0.03$), we should expect it to continue up to 0.04$ before another correction.
#HOT going to break the trend line support and drop moreHOTUSDT almost broke the decreasing triangle and it can drop more to another triangle in the downtrend channel and hit the bottom of the channel.
HOT is so close to the strong support and it can go to the pump more than 200% after correction...
Holo one more week till next pumpRSI on the weekly shows we are close to the bottom but most likely need one week still to fully touch the bottom and could move down more before the next big push up. But Holo definetely one to buy in some as even pump to previous high you can get a nice 200% profit.
A HOT topic! Crypto Prediction!HOLOCHAIN is one of the most upcoming and under-rated coins in the crypto space.
I dont usually post however my personal technical analysis pointed strongly to the next price point and I though I might share for anybody looking to long and short accordingly.
I did a fib, alng with drawing out some simple trend lines and the target is circled. Good luck!
Not financial advice. Remember to have fun!
HOT USDTAs i have seen its taking support of EMA 20 value which is acting like a support. It has also tested the recent lowest Resistance area and now its bouncing back. in my opinion it will try to break the above resistance line. If that is the case it will be a big jump. This is my opinion. Please trade at your own risk