HOTUSDT trade ideas
#TradewithMky HOt wait for classic breakout resistannce#TradewithMky HOt wait for classic breakout resistance
One more week of sideways actionLooking at the bollinger band it looks like will see one more week of sideways before we have another pump to the upside.
My idea for a strategy for HOT is if you bought it between 0.014-0.015 you still in a good buy in zone.
At target point 1, I am taking out my initial investment as that could be the top and go down and atleast anything else is like extra bonus to hold.
Depending on if we are really in this big channel then target 2 could be the top and choose to sell all or sell half if you think it might go even higher.
Because last top we move down so much and consolidate for such a long time, for me I feel target 2 could be the top. For Holo definetely need a good exit strategy and not HODL too long when it touched the top.
HOTUSDT Day tradeHOT/USDT has been getting sold at an order block around 0.017. Once we break this order block and a new bullish order block is created price may see hot test the order block that made the prior strong move to the downside.
I have marked up my targets. Good Luck!
HOT is following doge as a role model?HOT looks like BTT and doge coin in my opionion. after their intial pump, they had long consolidation within small range. HOT has a good chance to begin super bullish rally. it may take a while, but when it begins, you may say to yourself, yay worth it indeed.
this is my personal opinion and should not be used as signal.
happy trading y'all
siavosh
HOT// Bar Replay Bar replay, trendline touch, fib support.
Check linked idea and my profile for more on this analysis.
HOTUSDT BULLISH RIDE IS READYI trade trendlines and so I like to look for nice opportunities around trendline breaks.
From this pair, I'm seeing a potential HnS pattern & a break of Trendline potentially signalling an end to the downward correction.
Pls don't forget to so your own research & compare with your strategies.
