HOTUSDT.P trade ideas
HOTUSDT Analysis (x2 potential from here)Hello friends.
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Everything on the chart.
open pos: market and lower
target: 0.013 - 0.018 - 0.022
after first target reached move ur stop to breakeven
cancellation of growth, consolidation below 0.005
stop: im w/o stop (depending of ur risk). ALWAYS follow ur RM .
risk is justified
Good luck everyone!
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It's not financial advice.
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HOTUSDT: BEARISH CHANNELING,TEMPORARY SHORT OPPORTUNITY ON HOLO?Hello Enthusiast Coin Traders! Here's short-term outlook for HOLO , Please give us the thumbs up and support the channel by Smashing the FOLLOW button :)
a) HOLO is moving below exponential moving average 21&34
b) Breakout of ascending broadening wedge could indicates a potential Bearish Bias
c) MACD indicator starts crossing below the zero level area, it signify the potential Bearish Bias Ahead
d) Stochastic has crossing down in the neutral area, it also signify a stronger momentum going downward.
The roadmap will be invalid after exceeding the support/target level
*DISCLAIMER:
This isn't a recommendation to buy or sell cryptocurrency, only an Outlook from technical perspective.
HOTUSDT is trying to have a breakout HOTUSDT is trying to have a breakout from the descending channel after the price bounced on the weekly support.
IF the price is going to have a breakout, According to Plancton's strategy (check our Academy ), we can set a nice order
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
HOT/USDT APEX triangle patternApex triangle is one of the strongest pattern, an idea entry point would be the retest on support 0.007554 (Blue line) of the Apex triangle before next bounce off. Applying Eliot wave theory, I would expect a final wave F towards the upside, breaking out of the Apex. At least 300% gains towards previous ATH. This is a bullish scenario. Highly dependent on BTC.
HOTUSDT is going to test the daily resistance HOTUSDT is going to test the daily resistance after the price bounced on the dynamic support.
IF the price is going to have a breakout, According to Plancton's strategy (check our Academy ), we can set a nice order
–––––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
🔥 HOT Bullish Channel Reversal: +130% GrowthWith crypto reversing, HOT is naturally following the market trend.
Interestingly enough, the reversal of HOT occurred on a very important point, right at the bottom of the bullish channel.
Assuming that BTC will remain bullish / neutral in the near future, there's a decent probability that HOT will see more bullish price action and move towards the top of the channel.
Target would be the top of the channel, >130% gains potentially.
Happy trading!