HOTETH trade ideas
HOTETH POSSIBLE TRADE IDEASHello Guys
Holo is one of coins I monitor and I believe it will give chance to hodlers to gain good profits in mid term and long term.
Since it is still a new coin it is really hard to analyze it. There is no weekly chart formed and not much data available. So I used 1D chart and wrote all my notes on the chart. Please have a look at that and share your thoughts with me. Any comments and likes about that would be highly appreciated.
Wish you the best...
HOTETHHOTETH update
Entonnoir : W/D/H4 (swing)
J'ai bien fait de couper toute ma position hier.
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Funnel : W/D/H4 (swing)
I did the right choice to get out yesterday.
HOTETHHOTETH update
Entonnoir : W/D/H4 (swing)
J'ai revendu tous mes HOT (un trade en très légère perte et un autre en profit) sur un ralentissement M30. D'habitude, je ne vends jamais 100% de ma position mais ici on a une suspicion d'entrée en range daily (découpage jaune) et donc j'ai préfèré sécuriser mes gains.
Je reprendrai position à l'achat si on sort de cette compression H4 (bleu) par le haut de façon franche en cassant les ~892.
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Funnel : W/D/H4 (swing)
I sold my whole position with profit (a very small loss and a profit) on a slowdown on M30.
Usually, I never sell 100% of my position but this suspicion we are forming a new range on daily (yellow drawing) made me do otherwise and secure my profit.
I will go long again if we break out of this compression on H4 (blue) by the top and break the ~892 level.
There is a possibility for the Resumption of an uptrend in HOTETTechnical analysis:
. HOLO/ETHEREUM is in a range bound and the Resumption of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 52.
. The price downtrend in the daily chart is broken, so the probability of the resumption of an uptrend is increased.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00000825 to 0.00000741). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00000825)
Ending of entry zone (0.00000741)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.00000936
TP2= @ 0.00001028
TP3= @ 0.00001115
TP4= @ 0.00001204
TP5= @ 0.00001288
TP6= @ 0.00001491
TP7= Free
HOTETHSi cette sortie de compression daily (jaune) n'est pas un fake out, on est probablement parti pour le rebond weekly qu'on attend déjà depuis des semaines (cercle mauve).
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If this daily compression breakout is not a fakeout, we are probably going for this long awaited weekly rebound (purple circle).
HOTETHHOTETH update
Entonnoir : W/D/H4 (swing)
J'ai renforcé HOT ce matin sur une sortie de compression M30 qui a cassé ma compression daily (jaune) par le haut.
SL large en-dessous du creux daily a 771.
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Funnel : W/D/H4 (swing)
I took another trade this morning on a compression breakout on M30 that has also broken the daily compression (yellow) by the above.
SL set at 771 under the last daily bottom.
HOT/ETH Potential Dip / Potential Highs AnalysisMACD CROSSOVER CONFIRMS
THIS IS OUR LOW.
IF THIS CROSSOVER AND SUPPORT
HOLDS WE CAN SEE ANOTHER
RESISTANCE AT 1000 - 1100 ETHoshi
But if this breaks our support, let's expect for
the price to move on 600-500 ETHoshi area.
Manage your risk!
HOT/ETH (Timing Fractal Configuration)Trading opportunity after a correction. Crossing above the dashed curve is the first signal of a long-term entry.
HOTETHHOTETH update
Entonnoir : W/D/H4 (swing)
Nous n'avons pas reintegre le dernier range daily (jaune) comme envisage dans ma precedente AT, mais entre-temps. nous avons cree un nouveau sommet daily (entoure blanc) que nous venons de casser a la hausse.
Ce scenario annonce un retournement de la tendance daily (decoupage jaune) qui se retrouve ainsi a nouveau dans le sens de mon biais haussier en weekly.
Je suis donc rentre a l'achat sur la sortie de compression M30 qui a casse ce sommet daily.
SL large en-dessous du creux daily a 722.
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Funnel : W/D/H4 (swing)
We haven't reintegrated the last daily range (yellow) as per suspected in my previous TA but meanwhile, we did created a new daily top (white circle) that just got broken.
This means the daily is now back uptrend which is the same direction as my bias set on weekly.
Therefore, I went long on that M30 candle that has closed above my daily top.
Wide SL set under my last daily bottom at 722.
Holo ($HOT) is gearing up for 5th bullish wave - up to 138% PPT$HOT has been retracing for the last month and looks like it's finally ready to make a new move up.
There are few things pointing to this:
It's inside of the falling wedge and price is approaching apex (it also might me considered as a bull flag);
MACD is about to cross over to bullish again;
Price almost reached the highest point of 1st wave.
It's a risky trade so do not forget to setup your stop loss.
It's not a financial adivce.
Trade carefully and good luck!
HOTETH bear fractalThis is a fractal overlay from RVNBTC, seems HOTETH is currently on the same path
