HOTUSDT trade ideas
Is Holo ready for another run??After a huge rise, Holo has released some presure over the last 2 weeks.
- Have seen price retrace back to the 0.618 fibs
- Break down through all ema's (besides 200) on the 4 hour chart
- Bearish divergance and also a smaller bullish divergance.
What I am looking at now
- Inverse Head and Shoulder's formed on the 4 hour chart - does it break above the red line or fail?
- current red candle is above all ema's and could be building some support here.
- overall target is the -0.382, lines up perfectly with measured move of last run.
Need price to break above the red resistance - lot of wicks everywhere, so want to be clear of those.
Needs to prove itself with some strength in the push.
HOTUSDT, Needs more correction or Not. HOLOHello my friends. Like always everything is clear on the chart for you. We have two scenarios, the price in the temporary descending channel and now under a strong resistance baseband, So I expect more correction to fib 0.32 If fails to break the baseband. Totally keep your eyes on the circles zone and watch the price's behavior at this areas. Good luck
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Salam be doostan. hame chiz rooye chart moshakhas hast. inja 2 ta senario darim ya shekast base band va roshde gheymat ya edame eslaah ta fib 0.32 ehtemalan. beshakhse entezar eslaah bishtar ro daram agar natoone moghavemat base band ro rad koneh. dar kol raftar gheymat tooye dayere ha ro rasad konid. moafagh bashid.
like va follow baraye hemayad va didan tahlil haye jadid faramoosh nashe :D
#Holo Breaks Strong Resistance in 4H Timeframe!Currently #holo has nicely reacted to it's 20EMA on daily timeframe . with the breakout confirmation in 4H timeframe , from a bull flag pattern , it is a good time to buy #Holo. headed to 0.618 golden fib. after volume confirmation, we expect the price to go as high as 0.06 as it's first target.
other scenario which in highly unlikely is: breaking down the strong support and hitting SL in 0.013.
Good Luck
HOTUSDT & KAVAUSDT : 4/17/2021Note: NOT A FINANCIAL ADVICE TO BUY/LONG OR SELL/SHORT
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In case not clear above
s3.tradingview.com
Relevant TA on this recent TA.
For HOTUSDT
For KAVAUSDT
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Technical Analysis
For HOT (Continuation on previous TA)
1D
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4HR
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1HR
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For KAVAUSDT
1W
Holding above EMA 9 for several weeks
s3.tradingview.com
s3.tradingview.com
1D
Bullish Convergence
s3.tradingview.com
4HR
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1HR
s3.tradingview.com
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Note: NOT A FINANCIAL ADVICE TO BUY/LONG OR SELL/SHORT
HOTUSDT Daily chart , This is HOT!🔥😆Wait for trend line and resistance to break and hold above it then entering long and save profit in target 1
Good volume in 1H timeframe in this prices
Last time profit from this token was more than 80% in 4 days
I think history will happen again , even more profit this time!
Holo is a peer-to-peer distributed platform for hosting decentralized applications built using Holochain, a framework for developing DApps that does not require the use of blockchain technology. The goal of Holo is to serve as a bridge between the broader internet and apps built using Holochain, offering an ecosystem and marketplace in which DApps are easily accessible, as they are hosted on the internet by Holo network participants.
top 48 cryptocurrency on coinmarketcap.com
(HOT) TRIAGLE FORMATION PLUS INVERTED HEAD AND SHOULDERSHOT is forming an inverted head and shoulder formation after the break from a wider triagle.
When we detect this formations then the odds for the underline is to move higher.
So if we manage to break the neckline then we must see the underline to move to the first target (0.0217) and then to second target at 0.0226.
We want also to see high volume on the break of the neckline.
If we break the neckline and manage to consolidate betwwen 0.0217-0.0226 the we can set see higher price targets to 0.0247
HOT to 0.015HOT is moving toward the main growth line / support line slowly an will bottom at 0.015 - 0.0151 and go up after meeting up. It will do a retest of support if you missed the first chance, but personally I would put either a buy limit at 0.0151 or for bigger change of hitting at 0.0152 as from there it should go up.
HOLO - Wait For The Trigger To Shoot!As per my last video idea (attached below), we were waiting for a third swing high to form around our upper red trendline to consider it valid.
Update:
HOLO formed that third swing high so our trendline is now valid. But this one is not ready to go yet.
Before we buy, we want the buyers to prove that they are taking over again.
You don't want to buy a bearish market right?
Trigger => Waiting for a momentum candle close above the gray area to buy. Or the blue dashed line for extra confirmation.
Meanwhile, until the buy is activated, HOLO would be overall bearish and can still trade lower.
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich