HOTUSDT
Is Holo ready for another run??After a huge rise, Holo has released some presure over the last 2 weeks.
- Have seen price retrace back to the 0.618 fibs
- Break down through all ema's (besides 200) on the 4 hour chart
- Bearish divergance and also a smaller bullish divergance.
What I am looking at now
- Inverse Head and Shoulder's formed on the 4 hour chart - does it break above the red line or fail?
- current red candle is above all ema's and could be building some support here.
- overall target is the -0.382, lines up perfectly with measured move of last run.
Need price to break above the red resistance - lot of wicks everywhere, so want to be clear of those.
Needs to prove itself with some strength in the push.
HOTUSDT, Needs more correction or Not. HOLOHello my friends. Like always everything is clear on the chart for you. We have two scenarios, the price in the temporary descending channel and now under a strong resistance baseband, So I expect more correction to fib 0.32 If fails to break the baseband. Totally keep your eyes on the circles zone and watch the price's behavior at this areas. Good luck
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Salam be doostan. hame chiz rooye chart moshakhas hast. inja 2 ta senario darim ya shekast base band va roshde gheymat ya edame eslaah ta fib 0.32 ehtemalan. beshakhse entezar eslaah bishtar ro daram agar natoone moghavemat base band ro rad koneh. dar kol raftar gheymat tooye dayere ha ro rasad konid. moafagh bashid.
like va follow baraye hemayad va didan tahlil haye jadid faramoosh nashe :D
#Holo Breaks Strong Resistance in 4H Timeframe!Currently #holo has nicely reacted to it's 20EMA on daily timeframe . with the breakout confirmation in 4H timeframe , from a bull flag pattern , it is a good time to buy #Holo. headed to 0.618 golden fib. after volume confirmation, we expect the price to go as high as 0.06 as it's first target.
other scenario which in highly unlikely is: breaking down the strong support and hitting SL in 0.013.
Good Luck
HOT to 0.015HOT is moving toward the main growth line / support line slowly an will bottom at 0.015 - 0.0151 and go up after meeting up. It will do a retest of support if you missed the first chance, but personally I would put either a buy limit at 0.0151 or for bigger change of hitting at 0.0152 as from there it should go up.
HOT.USDT (Y21.P2.E3).To Rise againHOT or HOLO did well and its likely found its bottom and will create a familiar re-accumulation structure like many of the ALTs.
Some ALTs performed ahead of others and others are just braking out.
Hence HOT is to re-accumulation.
Observations:
> Daily 20 ema (black) has confluence with the macro 0.618 fib retracement
> Daily 10 ema (blue) acting resistance with the 0.5 fib level
> Wedge break is what it looks like with the target as per the post
Thoughts:
Some re-accumulation wyckoff structure to take place
I'll buy in here by looking at the smaller time frames to the precise entry.
Sell at the target range or earlier and look to buy from the buy zone as per chart.
Trading strategy:
Aligned with Daily Cradle strategy.
All the best,
S.SAri
HOTUSDT Bullish Impulse is hereHey guys, here with another analysis. HOTUSDT been waiting for it to reach this area for some time and we are here. Please do like, comment and follow for more if you want more analysis like this.
Daily, we can see it has come to this S/R area where I havent seen a bullish candle yet, but I see exhaustion of sellers. Better confirmation would be to wait for the daily bullish candle to form then entering.
Coming down to H1 we can see bulls are trying to get in and I have entered already. If you trade futures, then please use small leverage 5x etc. or you can just buy on spot with some of your capital and hold it. The target I showed you is about 70%. But i see it going to at least $0.04. Please know that I have taken a aggressive entry.
Please if you do enter, use proper risk management because crypto can be really volatile. This is just an analysis, enter if your rules are met, I am just showing you a potential trade which can bring profit. Bye :)
We are still in a bullish trend - Macro VisionThe last days could be considered part of the second big consolidation period for holo. The first and the actual consolidation phase I have circled in red(more or less). With the actual BTC Dominance under 58% I can consider quite possible another leg up to 0.03-0.04 before the 15 of April.
$HOT Swing play for wave 5. HOT Swing play might come to fruition in the next 24 hours. I expect more correction to come. I will be looking to enter a long between the 0.5 and the 0.55 fib range, which coincides with the powerful 4H 200 EMA support (expect a wick to the 0.01515 range).
You can ladder in a bit more if we drop to the 618 fib range, but suggest putting a SL below the 666 fib.