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HOTUSDT

HOTUSDT - LONG or SHORT breakout ? HOTUSDT is currently consolidating around its support zone of 0.00185 and we can expect the consolidation to continue for next few days. We have both LONG and SHORT opportunity here depending on whether the price breaks the support zone or bounce backs after consolidating at the support zone. We will share more details about the trade once the price moves. Stay tuned for more updates. Like and follow us for more similar ideas. Cheers! GreenCrypto
by GreenCryptoTrades
2
HOT/USDT need to bounce from this support zone for back to UP!💎 HOT has recently demonstrated notable market dynamics, particularly as it undergoes a retest of the support area following a significant breakout. It is crucial for HOT to bounce from this support zone in order to sustain its upward momentum. 💎 If HOT successfully bounces from the support area, it has the potential to resume its upward movement, aiming to make higher highs in our target strong resistance area. 💎 However, if HOT fails to find support at the current level and breaks below the support area, it would indicate weakness in the market sentiment. This could lead to further downward movement, with the next potential support area being around 0.00173. 💎 Therefore, it is essential for HOT to bounce from the support area and reclaim levels above it to maintain its bullish trajectory. Failure to do so could result in a continuation of the downward movement.
by MyCryptoParadise_Nathan
Hot Looks HotHi Guys Hot/USDT looks very bullish and ready to breakout of this falling wedge . Actually it broke out an important trend line ( white trend) till now and before the close of the weekly candle , I see a bearish divergence on RSI maybe it will cause a fast correction next week. Even if it did some correction to retest the white trend line again it still very bullish. Plz DYOR. Disclaimer: This article is for informational purposes only and not financial advice. Conduct thorough research and consult with professionals before making investment decisions. Good luck.
Long
by KarimMohsen
10
HOT/USDT upward momentum ? 👀🚀 HOLO Today Analysis💎 Paradisers, observe the current pattern of #HOTUSDT, which is showing promising signs of a bullish continuation from its current demand zone. 💎#HOLO has recently been on a downward path, marked by lower highs and lower lows, following a rejection from its supply zone. This trajectory suggests a strong possibility for a bullish turnaround, particularly once the price reaches the demand level at $0.001752. If #HOT manages to maintain its momentum at this critical juncture, we could witness a significant bullish leap. 💎 However, as astute traders, we also keep an eye out for alternate bullish rebound points. Should the aforementioned demand level not hold, the next key area to watch is the demand level at $0.001517. This level is notably significant, having previously spurred a robust bullish response, and is backed by considerable liquidity. 💎 Staying vigilant and adaptable is key, as the evolving market conditions may necessitate shifts in our trading strategy.
Long
by MyCryptoParadise
1
HOT/USDT Could HOT Breakout the resistance ?? or Rejects again💎 HOT has been a significant point of interest in the financial market, facing challenges in overcoming a key resistance area. Recently, HOT encountered a setback after being repelled at this critical level. A breakthrough of this resistance could probability lead to a substantial upward trend, with our next goal being the strong resistance area. 💎 However, if HOT is unable to achieve a breakout and instead remains in consolidation at this resistance level over the next few days, there's a likelihood of facing another rejection. This could result in HOT reversing its course back towards the support or possibly the demand area. 💎 In the demand zone, a strong response is essential for HOT. If it fails to demonstrate a significant rebound from this zone, there's a risk of breaking down further. Such a scenario could signal a shift back to a bearish trend for HOT, potentially leading to a descent towards a stronger support area.
by MyCryptoParadise
HOT/USDT Assessing Breakout Potential Above Resistance?👀🚀HOT💎 Paradisers, let's examine #HOTUSDT as it's currently showing an intriguing market behavior. The asset is in the process of challenging a significant resistance level, laying the groundwork for its next strategic move. 💎 Looking back at #HOLO recent journey, we've observed its adherence to a descending channel pattern, followed by a break above. Although LSE:HOT faced a rejection at the robust resistance level of $.0002369, it's gearing up for another breakout attempt. A successful breach of this level could significantly increase the likelihood of an upward trend. 💎 However, there's an important caveat to consider. If #HOT fails to penetrate this strong resistance, it may pivot towards a bullish resurgence from the key support level of $0.001761. Conversely, a decline below this support could indicate the onset of a downtrend, underscoring the need for prudent trading decisions. 🌴💰
Long
by MyCryptoParadise_Simon
HOT Future RoadmapHOTUSDT Weekly Chart- These are just my thoughts on areas of significance. I feel like we're still in an accumulation zone. If bullish sentiment continues, I think we exit this area soon. Maybe dips on New Weekly candle (Monday), will provide acc area for next leg up, if/when momentum continues. Key areas of resistance: (Areas to take profit, areas that will provide potential pullbacks for safer entries) Market is in GREED mode right now so best to be waiting and watching for opportunities to present themselves. My goal is to share my knowledge to help regular folks like myself trade safer, and transition into the 10% of Market winners. Thanks for your time! Please like and follow me here for more crypto analysis. **Not financial advice, just my 2 cents.
by Cosmicbag
HOT/USDT Break the Key Area. Upward Momentum ???💎 HOT has indeed captured the market's attention with its recent breakout above a key supply level, signaling the potential for continued upward momentum. Presently, HOT may enter a retesting phase at the demand area, previously a supply zone, at $0.001460. 💎 A successful bounce from this level, Probability could see HOT's price move smoothly toward the targeted supply and bearish order block (OB) areas. 💎 However, should HOT fail to show bullish rejection during the retest at the demand area, it could indicate an inability to sustain higher prices, leading to a breakdown below this level. Such a scenario would suggest a false breakout, with HOT potentially entering a downward trend towards the next lower demand zone, and possibly retreating all the way back to the key support area.
by MyCryptoParadise
2