CORRECTED! $XVG #VergeCurrency Macro Elliot Waves - Wave 3?I had to redo my EW attempt because my original one failed 2 of the 3 Cardinal Rules of EW Theory:
Rule Number #1: Wave 3 can NEVER be the shortest impulse wave
Rule Number #2: Wave 2 can NEVER go beyond the start of Wave 1
Rule Number #3: Wave 4 can NEVER cross in the same price area as Wave 1
I would like to hear your thoughts, comments, suggestions, etc.. and would love to see any long term EW charts you may have of other low cap coins like $HOT, $NXPS, $BTT, etc..
I feel we are at the bottom and cryptos which are in continuous development like #Verge have tremendous promise to change the world.
HOT
$XVG #VergeCurrency Elliot Wave Long Term - Wave 3?I am fascinated by EW but I am no expert....or am I?
Care to share your long term EW analyses on low caps like $HOT, $XVG, $NPXS, $BTT, etc..?
Holo (HOTBTC) Entering Final Consolidation Before Take Off!Let's take a look at the chart above for Holo (HOTBTC), it is pretty simple to read.
We are looking at the final consolidation phase (orange rectangle) before Holo finally takes off.
On the chart above we can notice the following:
Demand zone at the bottom in green.
Consolidation box in orange.
Bullish divergence on the RSI (purple arrows).
Main targets (magenta dashed lines).
New all-time high very likely to be hit on the next bull-rin.
So it is only now a matter of time before Holo's next bull run.
We are recommending buying and buying more as prices go low... No stop-loss, if prices move lower, we rebuy and reload.
Any questions?
Feel free to use the comments section below.
This is Alan Masters.
Thanks a lot for your support.
Namaste.
P.S. This is not financial advice.
All the information shared here is intended for learning and educational purposes only.
HOT (Holochain) 300% Profit Potential..!!HOT (Holochain)
Looking Strong & Bullish At Current Support Area.
Making Falling Wedge Pattern In 3D (3 Days/Candle) Timeframe.
9-10 Is a Strong Support Region..So Keep Your Eyes On This Region.
Looks like Bottomed Out Here & Indicators Turning Bullish.
One More Lower Low Expected Before Big Move..
Buy Zone : 9-10 Sats
Sell Targets : 18 - 24 - 30 - 36 - 43 Sats
Stop Loss Below 7 Sats OR According to Your Risk.
Timeframe ; 3 Day (Bigger Timeframe)
What is HOLOCHAIN..??
Holo is a pragmatic compromise — a bridge for people to transition toward greater and greater decentralization and autonomy. But since Holo must interface with the centralized systems of today, some parts of it are also centralized. So this is not a typical crypto project or paper. We've already built a fully distributed platform in Holochain. Now we want to take it to the mainstream. Holo is the bridge to get there.
Don't Forget to Like the Idea..
HOLO Mid term analysisLong-term HOLO trend is bullish.
RN Holochain is facing 0.236 FIB support level.
... if it won't hold
Next major historical support will be 0.0011 USD
However price is more likely to correct back to 0.0016 USD in the short term.
My price targets till August set up accordingly, solely based on Fibonacci and historical high-volume zones
In case of strong altcoin rally. Target 2 and 3 can be reached pretty fast.
P.S: Thanks for reading my analysis. Please take a time to leave your comment below
HOT/BTC Long Hot resting at a good support now, Great R:R i must say.
Should it hold the current support next sell Zone 20-24 .
Telegram Channel : bondscharts
Holo Starts To Move After Double Bottom (Signals + Targets)Recently we saw a double bottom formation for Holo (HOTBTC) and now the bulls are following up.
Here we can see bullish divergence on the MACD and RSI, and a clear and high volume break of EMA10.
We also have a MACD bullish crossover as well as a bullish RSI.
HOTBTC is getting ready for action...
Here you can see our previous analysis:
You can see the main targets for long-term gains marked on the chart.
This is not financial advice.
Feel free to hit like.
Namaste.
Holo (HOTBTC) Double Bottom, Potential Bounce! (140% PP)Holo (HOTBTC) might be looking at a double bottom if the 15 satoshis level holds today.
Back on the 13th of May HOTBTC hit a low at 15 satoshis, it then moved up to reach a peak of 31 satoshis, completing a 106% profits wave.
Today the same strong support has been hit again and the potential for a bounce here exist. If HOTBTC can bounce up with good strength and volume, we can expect another run.
Remember to always have a plan, and stop-loss, if you decide to trade this pair or any other altcoins.
This is not financial advice.
All details shared on the chart.
Bottom line is the stop-loss.
Feel free to hit like to show your support.
Namaste.
Hotbtc long setupGot some $hot at 14 sat, it touched the demand area that originated the pump, this should be a good area for a reversal
Stop under the demand area or manual close if buyers don't show up soon
Targets at FTA at 24sat (+70%) and ATH at 41 (+190%)
Hologains [HOT]Fundamentally, Holochain is pretty cool even if their project management is complete shit and they probably won't ever get anything real developed. That's okay though, we're only trading it for the pump.
Anyway, Binance normies are going to be looking for the really cheap satoshi coins, I think Pundi X and Bittorrent are the only other ones that are cheaper than HOT. But HOT doesn't make me want to take a shower after buying it like the others so we are going to go with this one.
Also has pretty good memes and community on /biz/. So you know it has dedicated bagholders.
HOT is bullish right now!!! Double bottom pattern on the 0.236 Fibonacci Line!
Additionally a small bullish divergence on RSI formed.
Stop Loss just beneath this one.
Simple!
HOTBTC - Double BottomDouble bottom on the HOT playing bottom channel of a low channel. However when we drew an LTA in the last three funds the price rang and went up again. A good trade for a profit of 40%
HOT Thoughts$HOT
We could see a pop to the 21-22 sat area from here, however, we are still in a downtrend with the corn pumping, so personally I'm not expecting much more at the moment. If we break above 22 and turn it to support, game on.
HOT BTC - Back to basics...!!HOT is returning to its home ground to prepare for next move. Dont miss this time. Buy at14-15 zone. BTC run should bring it down to buy levels.