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HOTBTC

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
by SpartaBTC
6
HOT/BTC TA Update (Back to the Accumulation Zone?)HOT/BTC HOT went up to 80% from 8 - 13 sats last Oct and now the price is back to the accumulation zone area. HOT is painting a triangle pattern and is likely to continue respecting its trend-line resistance for the next 2-3 weeks. HOT must key current price at 8-9 sats to provide a higher chance of breaking bullish with this pattern within a month. It is still not a good idea to buy this asset yet as the price will consolidate in this region for a few weeks and bullish technical setup can easily invalidated.
HLong
by PolarHusk
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.
HLong
by AlanSantana
11
HOT Has Completed Bullish Setup For Upto 900% MoveHolo Coin has well managed its position to be in top 50 cryptocurrencies out of more than 2300 coins as per coinmarketcap data, at the time of writing it is ranked at 44th position. Since July 2018 the price action of Holo / Bitcoin is moving within a descending triangle, on Oct 2019 the price action broke out the resistance and now after price correction the price action is again hitting at same support level of 0.0000007btc. In the mean while the price action is also hitting the lower support of Bollinger bands and the Bollinger bands is squeezed and moving sideways the MACD is also bullish and in the meanwhile the price action is forming a bearish Shark pattern lets have a look on dimensions of this pattern. After the initial X to A leg the A to B leg is retraced between 0.382 to 0.618 Fibonacci and then B to C leg is retraced between 1.13 to 1.618 Fibonacci, sofar the pattern is perfectly driven as required for bearish shark pattern and now the priceline is moving in potential reversal zone of this pattern now here we have 3 supports. 1. The support of descending triangle 2. The Bollinger bands support 3. The firm support of potential reversal zone of bearish Shark Now we can expect the bullish divergence at any time that will trigger the formation of final leg of Shark upto 1.13 to 1.618 Fibonacci however I have defined 2 types of targets one is secure targets between 0.382 to 0.786 Fibonacci and second is aggressive target upto the completion of Shark’s final leg as below: Buy between: 0.00000013 to 0.00000005 Secure sell targets: Sell between: 0.00000020 to 0.00000034 Aggressive sell targets (Upto the completion of shark's leg) Sell between: 0.00000042 to 0.00000050 Enjoy your profits and regards, Atif Akbar (moon333)
HLong
by moon333