HOTUSDT formed bullish Shark | Upto 102% move expectedPriceline of world's 45th largest cryptocurrency Holo (HOT) has formed bullish Shark pattern and entered in potential reversal zone.
This potential reversal zone should be used as stop loss in case of complete candle stick closes below this zone.
Let’s have a look on the dimensions of HOT price action's moves:
After initial leg (X to A) the A to B leg is retraced between 0.382 to 0.618 Fibonacci and then B to C leg is projected between 1.13 to 1.618 of A to B leg's Fibonacci projection and final (C to D) leg is retraced between 0.886 to 1.13 Fibonacci as required for perfect perfect bullish Shark and now we are entered in potential reversal zone of this bullish Shark pattern, now we can expect bullish divergence at any time which will lead the priceline between 0.382 to 0.786 Fibonacci projection of C to D leg, but after this bullish divergence if the candles sticks will be closed above 0.786 Fibonacci levels then it can also lead to the long term bullish move.
As per Fibonacci sequence method we can set our targets as below for mid term trade:
Buy between: $0.0005796 to 0.0004574
Sell between: $0.0006855 to $0.0009268
So this pattern has potential to produce upto 102% profit
Regards,
Atif Akbar (moon333)
The harmonic moves analysis involves hours of hard work and determination however the success of harmonic trading in fiat and cryptocurrencies is around 80% therefore it is always important that you follow any stop loss strategy while trading harmonic patterns I have also shared a stop loss idea in this article, the information in this article is for educational purpose only this is not intended to be investment advice, I have tried my best to catch the harmonic moves as per predefined classical harmonic bullish Shark pattern if you find any flaw or you have any suggestion feel free to share with me in comments section.
HOT
🔥 Holo vs TetherUS Full Long-Term Chart | Targets MappedHere we have the chart for HOTUSDT (Holo vs TetherUS) in full.
This pair was added last year to Binance and the chart is looking really bullish right now.
Ever since a low was hit in Sept. '19, HOTUSDT has been printing higher lows.
Last week prices broke above EMA10 and the bullish action started... The next target is sitting at 0.0010677 or EMA50.
Trading volume is going up.
The RSI is strong.
The MACD is still low but trending higher, plenty of room available for growth.
You can find the different support and resistance levels marked on the chart above.
HOTUSDT is very likely to continue growing...
Thanks a lot for your support.
Namaste.
Holo Breaks Another Barrier, Time To Move StrongIf you read my last analysis for HOTBTC (Holo), you are aware of the "last drop"...
If not, you can see it here:
Now that we witnessed the last drop, prices are starting to move up.
HOTBTC is now trading above MA200 (0.00000009), EMA100, EMA50 and EMA10.
We can easily appreciate higher trading volume coming in by looking at the volume bars at the bottom of the chart.
If prices can close on 10 satoshis or higher, we are very likely to see a strong move develop for Holo soon.
Thanks a lot for reading.
Namaste.
Holo | Last Drop Gone! | Full Chart W/ 412% TargetHolo (HOTBTC) continues with a no-event chart, still in the accumulation phase since the low was hit back in early August 2019.
Looking at the chart as it is now, we can notice a small drop marked with a light blue square... We believe this to be the "last drop" before the strong bullish action starts.
This altcoin trading pair has huge potential... Patience is the key to success when trading.
Namaste.
HOT/BTC Technical Overview#HOTBTC Overview:
#HOT Try to Break Resistance.
If Breakout confirm then We can set our Sell order.
I am placing buy bid 7/8 Sat.
if fill then good otherwise I will buy at breakout.
Support: 7 Sat.
Resistance : 12/16/24 Sat.
Please like and follow me for latest Crypto updates.
Thank you
HOT / USDT Falling Wedge. Target from +50 to 150%.A downward wedge has formed. This pattern may become a reversal pattern of this trend.
The price is now near the break of the downtrend line.
If the price fixes above the resistance line, the potential for upward movement and the development of the target of this figure.
ENTRANCE
On a breakthrough or rollback after breaking a wedge resistance line (red line).
TARGET
First target - + 50%
The second target is + 150% (if the price fixes above strong resistance, a zone near the yellow line).
You also need to understand that this is a cheap pump coin, the goals are arbitrary, as during a trend reversal they can raise prices short-term by hundreds of percent, which has happened more than once (see the HOT / BTC chart).
If the price fails to consolidate above the downtrend wedge, then the potential price reduction is within the boundaries of this figure. Therefore, the entrance is only at a breakthrough or pullback after breaking through the line of resistance of the wedge.
The main liquidity during the movement will be on the HOT / BTC pair.
A pair of HOT / USDT can be used to disperse prices. Therefore, who does not have a big position is more interesting to work on the HOT / USDT pair.
Stop loss
Under key support levels during your entry into the market.
Do not forget to move Stop Loss during the price increase, but take into account the volatility of the coin.
The trading idea of this coin is to Bitcoin.
HOT/BTC Price behind the downtrend line in the lateral movement
LONG - HOT - Double bottomBullish divergence formed at the weekly chart with decent volume on both USDT and BTC pair.
Entry: 0.00000007
TP 1: 0.00000012
TP 2: 0.00000015
TP 3: 0.00000018
SL: 0.00000006
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HOT/USDT Adam and Eve Potential? Potential setting up here on HOT with adam and even maybe. It is current right on the 50 day MA and will need to see strong support there or could potentially go lower first to form more divergence which isnt the greatest ATM.
Interesting setup because it has a different pattern than most alts right now. #BTC Dominance also just lost the 200 Day MA so lets keep an eye on dominance as well to help out with alt setups.
Just for my own commentary not to be taken as financial advice thx
Is Holo (HOT) BitTorrents Cousin And Why?Holo (HOTBTC) got us in a similar situation as BitTorrent (BTTBTC), it has been consolidating since August and still no signs of action... or at least some is showing up...
Right now there is basically no volume for HOTBTC and the bear market for this pair is surely over.
After the 7 satoshis low was hit in early August, consolidation has been taking place.
The next move can be a bullish one.
Note: Even if another drop comes, even a very strong one, a strong bounce would surely follow.
HOTBTC has great potential for long-term gains.
2020 Will be the year of the Altcoins.
Namaste.
$HOT - Full Retrace. Retest in. Let's go!$HOT has fundamentals coming up over the next week or so (Before end of year).
A complete retrace along with a retest/hold of previous range.
I'd say she's ready for launch!
One to watch!!
HOT - is hot ,,once alt season start 100satoshi is my goal :)buy HOT because is HOT ! and binance coins never disappointed especially when CZ shill them !
Hot going To Moonafter Close above 13 Hot pumpinh Hard
buy it now 11-12
stoploss 9
Target 15-19-23-25-35-42
Holo (Nov 24) 200% PProfit in 80 Days#HOT/BTC (Binance)
Entry Zone: 11 - 12
Take Profits: 13 - 14 - 15 - 17 - 23 - 29
Stop Loss: 9