HOT
WHAT IF THE ALTCOINS ARE GOING TO FOLLOW FIRST BITCOIN CYCLE? Many of you guys are looking for the next 1000X project to become millionaires. Do you remember the first big wave for Bitcoin? It tested 1150$ in 2013 and after that long downtrend it seemed impossible to reach that level again. Now we all know it was just the first wave of a bigger cycle. Just imagine if the peak in 2018 for all major altcoins was the equivalent of that peak in Bitcoin. How many 1000X or 3000X projects are still available right now? Please write down your favorite projects with a huge potential.
HOTUSDT forming bullish Shark | Upto 112% move aheadHi friends hope you are well, and welcome to the new update on HOLO token.
On the small-time period chart, the price action of the HOT token is completing the last leg of bullish Shark pattern, on breaking down the 25 simple moving average the pattern will be confirmed.
Buying and sell ranges:
The buying zone starts form 0.886 to 1.13 Fibonacci levels, and the sell zone can be the Fibonacci projection between 0.382 to 0.786 .
Stop loss:
The maximum extent of potential reversal zone at 1.13 Fib level can be used as stop loss.
Possible profit and loss ratio:
As per the above targets, this trade has a profit possibility of 112%, and the loss possibility is 21%.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
HOLOUSDT Two pathways i see that can potentially happen.
1. Consolidate around the two fib channel lines (as per blue squiggly) before impulsive move to break 0.001 resistance.
2. Wick to golden pocket zone (yellow lines), consolidate, and impulsively move upwards to break 0.001 resistance.
3. Either scenario requires more consolidation, followed by a break of 0.001 resistance. Plan is to accumulate below 0.001 resistance till inevitable resistance break.
4. Target minimum 0.0014-0.0016 USDT with invalidation below golden pocket (yellow fib lines).
Volume-Looking for volume
-adx strength trending -dmi
-many other indicators look ready
-still opened a long here but :
-be prepared to lose
-look out for or prepare for 1 Sat and/or
see potential holochain project go defunct
-Do not hold this for Their future. Bleak.
-Consider this very high risk
Very Crucial moment for many alt coins.
Trend lines drawn on monthly