Overview of the HOLO(HOT)/BTC pairA young asset with an interesting, but not a new idea. Should carefully follow the developers' news.
Most of the coins were bought in the 0.00000009-0.00000012 zone, and any sale during this period was similar to manipulation.
DOM in this zone were full of all kinds of signals to the price drop, at the same time, large purchase orders were passed.
During the last week, a new purchase zone of 0.00000018-0.00000021 began to form, the bulk of it was at 0.00000019-0.00000020. This zone is likely to become a resistance level. We closely monitor the activity in it.
Prospects for investing in this asset are quite bright. We can see 10x growth on the hype. Then everything will depend on the developers and support of the project.
Investors in this asset must understand the risks:
- the bottom of the coin is located at 0.00000009-0.00000012 levels, and there is a possibility to merge part of the balance until we are at our prices
- the asset is very susceptible to manipulation, which is noticeable in the DOM
- even close stops give a significant drawdown on the account at such a low price
- a coin with a low liquidity, so the probability of failure to execute an order at a market price is high.
Expectations:
The opportunity to buy up to 0.00000016 has not disappeared yet, but it melts with every deal.
Most likely, the bottom will be at the level of 0.00000018 and there will not be long there.
The corridor will change to 0.00000023-0.00000027 in the next couple of days probably.
Should follow the news - the project has a large offline activity, which can push the price up.
HOTBTC
Holo (HOTBTC) on Binance (Resistance & Support Adjusted)We've been tracking Holo (HOTBTC) on Binance for a few days now. I just updated the Fib. levels since there was a mistake.
You can see the different support and resistance levels for HOTBTC marked on the chart.
Note: This is not a trade advice. You can check my profile for those.
Thanks a lot for reading.
Namaste.
Holo (HOTBTC) Strong Breakout on Binance (Targets and Support)Here is another altcoin that took off big time on Binance, more and more altcoins are showing great action, growth and strength when moving up lately.
This is not something that we normally see when the market is bear, this is something that we normally see in anticipation of an upcoming up wave.
Below you have the targets (resistance levels) and for HOTBTC traders... ENJOY.
Targerts / Resistance
(1) 24
(2) 26
(3) 30
Support
(1) 16
(2) 14
(3) 12
Note: This is no trade advice.
This is done learning and entertainment.
Thanks a lot for reading Alan Masters Trades .
Namaste.
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HOLOchainWhat is HOLO chain
Scalable P2P alternative to blockchain for all those distributed apps you always wanted to build.
Existing distributed ledger technologies powered by blockchain, such as Bitcoin and Ethereum, suffer from scalability issues and also consume massive amounts of energy. Holochain is an energy efficient post-blockchain ledger system and decentralized application platform that uses peer-to-peer networking for processing agent centric agreement and consensus systems between users. The key advantage of Holochain is that every device on the network gets its own secure ledger, or Holochain, and can function independently while also interacting with all the other devices on the network for a truly decentralized edge computing solution.* quoted
I draw previous data
ATH 0.002 $ - 28 Satoshis
ATL 0.003 $ - 5 Satoshis
HOLO trading opportunity on Binance, HOT/BTC HOT IS HOT!I have been watching this coin for a while now, it has been recently added to Binance and it has a good 24h volume which mean sthere is a lot of interest shown in this coin and with the bullish market we have I expect it to make a new ATH however as it has already spiked I am expecting a downward movement. And 4h MACD bear cross coming, STOCH moving to oversold area so I expect the price to come and hit the uptrend before it moons, therefore 0.0000008-9 BTC would be a solid buy-in for and I am thinking of riding the wave till we reach 0.00000016 BTC sell a bit there but I do believe that there is a good chance of double up so will leave a bit and sell at 0.00000021 BTC.
Good Luck, Traders! #moon #mooncommunity