HOTBTC
HOT Thoughts:HOT
Found some recent buy volume, however I'm not convinced that we're out of the woods just yet. I'm thinking scenario (2) is more likely here (retrace to green support).
If we break white box to the upside, I would consider longing the retrace. We're still in a downtrend.
$HOT looking like a good opportunity for the next bull runHere is Holochain (Hot) on a daily chart, going back to September.
You can see we have bottomed out in Sat price since January of 2019, after the large run in February up to 46 sats.
Bitcoin was in the 3000-4000 range so the sat value is not as important as USD value which has been steadily increasing as Bitcoin climbs higher.
Currently we are reaching ATH in $USD at around $0.00158, and could easily break this.
The RSI at the very bottom is at 53 which is healthy for a rising coin.
All in all , I think this is the start of the next bull run and holding your own set of coins will be the deciding factor in long term success. Holochain presents a unique idea to solve the many problems with the internet, social media and the banking system.
This coin has also been trading for less than a year, so long term growth is more than likely.
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
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
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.
Conservative entry on HOT, moonboys get outIf HOT finds support in the star box it would be really cool.
21 sats looks good on the daily aswell, keeping an eye out on it.
I'm not bearish, I just want a good entry.
I actually bought 11 sats but sold it too early, I learned my lesson, always keep a low percentage of the trade to "let it ride", helped me out in RVN!
Holo Triangles Produce Massive Potential (250% Profit Potential)Welcome to this updated analysis on HOTBTC Let's get right to it!
We can buy this coin with a target at 0.00000031
TARGET:
1.) 0.00000031
2.) 0.00000038
We can AVOID/STOP loss at 0.00000023
Here we have Holo ( HOTBTC ) and two beautiful descending triangles.
Before the bullish breakout of the first triangle, we can notice bullish divergence showing up on the MACD . This same signal is now also in play.
On top of this pattern, I also calculated the potential profits of a bullish breakout using Fib. proportions and we are looking potentially at 250% profits if the same situation repeats.
HOTBTC can still move lower before producing a breakout to the upside. Always make sure to set a stop-loss and have a trading plan before buying any altcoin, so you can know your next step regardless of what happens.
This information is to be used for educational purposes only
TRANSPARENCY Strategy,
For more content, be sure to hit that follow button
Hot is very Hot, MACD, Ichimoku, RSIHello Guys,
I found a very bullish pattern here. #HOT
MACD is showing us a nice divergence pattern is forming.
Rsi and Stoch both show us a reversal (if RSI break out above 50 and HOLD)
A very strong support placed at 20-22 but I found at 4h chart a secret pattern. Ichimoku Clouds confirms 18-20.
Fibo shows us that logic reversal should be at around 21-22
This analysis is personal advice and the risk is yours.
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
HOT BREAKOUT IS IMMINENT - THIS ONE IS A HOLDERHOT is a very good asset to have in your portfolio - come back to this post in few month
HOT taking a breather? HOT has failed to breakout from this falling wedge and with BTC continuing to rise, we might very well run back into demand again around 21 sats
If we hold this level, we could then maybe attempt at a breakout again and test those highs once more
Thanks guys@
She is EVEN HOTTER Than Ada! HOT, HOT, HOT! 56 % PROFITAda is beautiful, and she has big curves - But D4rkEnergY prefers them slim. Look at her, my friend!
This girl is even hotter - and 56 % is waiting for you. But be patient - you know how girls are. They don't like when you are being desperate. Play hard to get, and let them come to you.
D4rkEnergY will be your wing-man!
Trust me!
HOT - BULL PATTERN ON HORIZON - 200% - CryptoManiac101HOT / BTC TA
Chart is self explanatory but feel free to comment below for any questions
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-
HOT. New highs soon ?More resistances to be broken, but I believe that with proper retracements this trade will be played quite well. I recommend you to buy on the HOT/USDT on Binance. Many people loose their money buying in the BTC side.
Perfect Bounce if played. HOT/BTCHOT is up by 20% already. If the TI sequential indicator was used the timing would have been perfect. More upside to come imo.