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HOT - HOLO IS APPROACHING THE BUY ZONEBINANCE:HOTBTC is reaching a zone of very strong support. It is still a new project and would give a perfect opportunity for a long term hold. Buy-Signal: Holo is trending upwards but doesn't form a clear support and resistance SuppertrenD channel. There is not a defined support channel, so we can only rely on the logarithmic trendline and the 0.886 from the recent top. Since holo is hitting this support with strong momentum, we can assume that we will at least get a bounce there. It is hard to define targets because there is not much data available. The recent dumped definitely confirmed a new resistance channel which gives us an indication of the next price resistance by applying a simple linear regression. Unfortunately Holo is still downtrending and the resistance channel is depending on time. We can be quite certain about the support zone, but not too clear about the target yet. Buy HOT between 14 and 17 Satoshi. Liquidate the position if we crack 10 Satoshi in an overall bearish market environment. This trade is quite on the risky side, but the upwards potential justifies the risk. I hope that was helpful. Best, Felix Kewa
HLong
by FelixKewa
2
Holo/Bitcoin/Tether (13 May) #HOT $HOT #BTC $BTC #USDT $USDTMFT is moving in the Falling Wedge formation combining Wolfe waves, this is a bullish formation and we can expect the target to 60-62 within 1 week. However, according to me, MFT is not in safe price range for holding long-term. Because MFT owes us 1 leg in 40-45 zone. I suggest to buy at 49-50 range and sell around 60-62. Then set alarm at 40-45 zone and buy for holding long-term Stoploss if price falls off the big Falling Wedge fomation, is below 40
by CryptoStation
BITCOIN: Question of the month - does it have any value?People certainly think that Bitcoin has value! How do I know? Because there is incontrovertible evidence that in recent days people have gone greedy for it. However there is expert opinion (which shall remain nameless) that Bitcoin is NOTHING and has no value at all. I'm really amused by this opinion because it flies in the face of evidence. The chart shown in this screencast is the evidence of BTCUSD running a very hot RSI again! Billions have been spent buying this thing that is called 'nothing' by the good and great. Arguments for Bitcoin being ' nothing ' is that it is ' thin air '. Oops that must mean that when I transfer fiat money wirelessly I'm transferring 'nothing' too - cuz I certainly do not transfer metal or paper money when I use my credit or debit card. A few months ago I even showed that it is now possible to transfer solid Gold electronically - which now makes Gold to be 'thin air' - if this so-called expert out there (nobody on Tradingview) is correct. What many a guru out there fails to understand is that the value of anything is what people are willing to attach to it. But some people then argue that a) BTC is nothing and b) it has no intrinsic value . Of course most of the people who chunter about 'intrinsic value' cannot define what they mean. All value is represented by how much people are willing to exchange for some 'thing'. The 'thing' certainly does not need to be physically tangible in the hand. Why? How? Because most (fiat) money in the world is not held in the hands - these days. A measure of value is also how much effort, labour or service one may be willing to exchange to acquire 'the thing'. There was a time when money did not exist. That did not mean that nothing on earth had value! Way back then, value in physical form may have been represented in food items e.g. sacks of potatoes, livestock, water etc. So - if you lived back in that time, you might be willing to exchange so many hours of work for potatoes. You might then trade your potatoes for something else you wanted to acquire from somebody else. Even stocks/shares are 'thin air'. The piece of paper stating your ownership is only proof of promise and a record. To trade the stock you gotta do that via a broker etc - and that activity is electronic, in the vast majority of cases. 'Value' and some 'things' exist only in the mind. BTC is the result of a mathematical equation and its value exists as 'thin air' in the minds of people - as does all value. Today Bitcoin is a vehicle of value for something. It doesn't matter if it is made out of thin air.
BITFINEX:BTCUSDEducation
by Captain_Walker
1
HOT/BTC to 52 Sats end of May! It is pretty obvious that HOT will reach heavy supports soon. - 200 MA - Supertrend - previous high at 23-24 Sats Also, the upper trend line has worked out three times as a perfect trend projection. The continuation of that pattern will lead HOT to 52 Sats until the end of May. Investing today at 23 sats would indicate a 126% gain. Please do your own research before investing, that is only a chart analysis not a financial advise. If you want to invest use the most secure exchange available - binance. Invest your FIAT money to crypto here: www.binance.je Invest your BTC here: www.binance.com
HLong
by Richart
HOT - Holochain - Finally done correcting?Not financial advice. Do your own research. The ideas shared here are the personal opinions of the BitDoctor team. Trade at your risk. It's been quite a while since I've given an update on HoloChain. Last update I gave was at the beginning of March where I gave an idea to buy at 24 or 25 (we were at 25 at the time). We had a few green days after that where we got all the way up to 34. I won't sit here and say "That was 36% profit!" because rarely do people buy the bottom and sell the top but I can reasonably say that you could have bought at 25. Where you sold is up to you. So here we are again. Back at 25. We actually cut down to 23 for a moment which is a little un-nerving but being back at 25 makes me wonder if we're going to have another push up. If this daily closes at 25 I'll buy againand look for a breakthrough of the magenta trendline. That has been our largest resistance area since the push to 46. If the trade plays out I will be looking to exit around 35 and 37. Trade safely friends. Easy stops in this wedge. Low market cap coins pose high risk as a single satoshi movement is a high percentage move <3 -CE-
HLong
by bitdoctor
HOT/BTC IS LOOKING HOOTT TODAY - Day Trader ExplainsLads and Ladies, Welcome back to TJs' Trade Corner, today we will be taking a look at HOT/BTC after it got some nice attention online, let's see what is actually behind the hype of your favorite shillers. There are multiple points that I want to cover and we will start with market structure. Clearly, as many have seen it, we have a falling wedge. This falling wedge has been drawn exactly on the line-chart, where we go only for the closes. I see that there is a second possibility for a falling wedge, focusing on the wicks. Nevertheless, the closing prices have more weight to it and since it aligns perfectly, I stick with them. The second step is to look at the retracement itself. We see that HOT/BTC had an immense push, yet everthing that goes up, must come down again. This happened here as well, we come once again to a point where is our uptrend broken? To which point can we retrace before the uptrend is officially broken and there is no reason to long anymore? This is the 61.8% line of the Fibonacci tool. As we can see we are exactly at this point right now and normally we see a strong bounce at these levels. I have to say, here the Fibs start at the start of the clear uptrend, but end below the very top of it. This is because I want to always have at least 3 confirmation points for any horizontal- or trend-lines. After identifying the structure, key levels and the trend, we take a look at the volume. Here, the volume has been very significant during the uptrend, yet during the retracment, the volume has been nowhere near significant levels: Still, we had some buy volume spikes in that time, where it should be exactly opposite. This is a clear sign that this is just a retracement and not a new downtrend. Giving us the best foundation for a long position. Looking next at the TJ-Stoch, we see it trending up, during the retracement, which is a bullish divergence and a good buying opportunity. Moreover, we just saw a crossover and can expect a nice push pretty soon. Especially, if we stay above the 40p line. Now, lets take a look at what is necessary for a clear breakout. To be sure of a nice and clear breakout, we need to see a daily close above the 50% Fibs line. At that point, we would have a clear break of the retracement, also, significant volume should be important. The medium target would be at 33 sats, yet it could continue with a 200% push if we break the previous high. This trade has been published before in my private learning group "ETG". We are going over many observations and possible trades very frequently. It is meant for only those who are really interested in becoming a self sufficient trader and learning about all the secrets of trading. Should you be interested in ETG or the indicators I use, join my discord channel and say hi in chat, then I will give you a free trial for which you might be interested. Like and Follow me and you will find the space interesting because I am a TA expert and professional day trader in crypto since 2012 that does daily updates and new posts about the hottest and most discussed coins. Cheers TJ
HLong
by KongTrading
1