🔥 HOT Break Out From Horizontal Channel SoonHolo has been trading inside a horizontal channel for almost a month now.
With Bitcoin making another shot for >$50k and the total market cap making new highs, it could very well be the starting sign for HOT to start moving outside of this horizontal channel.
Key resistance here is the $0.0125 line. A close above said area could indicate new strength from investors and push the token further up.
Main target for the next move is the area around $0.015, potentially higher if BTC shoots towards $60k.
Happy trading!
HOTUSDT.P trade ideas
HOT LOOKING EXTREMELY HOTPrice consolidating at resistance, once we have a clear close above trendline this should move hard to at least those objectives in chart, mid range (blue box) is clear magnetic area so Im expecting at least a push towards there. I don't want to see it close back below 0.01$ area.
HOTUSDT (12h CHART) - Next Target!?HOTUSDT (12h CHART) Technical Analysis
Flag Pattern
HOT/USDT (12h CHART) currently trading at $0.0112
Buy-level: Above $0.0113
Stop loss: Below $0.0096
Target 1: $0.0122
Target 2: $0.0130
Target 3: $0.0145
Target 4: $0.0166
Max Leverage: 2X
ALWAYS KEEP STOP LOSS...
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HOTUSDT is creating the Bullflag 🦐HOTUSDT is creating the Bullflag after a very nice bull run . IF the price is going to have a breakout from the flag and retest it as new support, 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.
HOTUSDT🌟this alt has break the bearish trendlines and almost completed its sideway and rest area and in great shape now to be pumped hard so heads up for swingers and holders
👉This idea has the confirmation of "advanced price action" 👍
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HOT/USDT BULLISHBase on my analysis on the weekly time frame on HOT/USDT. There might be a bullish after there is a break out from the counter trend line and also the resistance there, which we might not break through the second resistance un till we do get a second retest on the support zone which was the first resistance zone we encountered . what do you think?
HOT - HOLO Long if Break Through ResistanceSignal: Blue -> Green
HOT,HOTUSD,HOTUSDT,HOTUSDTP ,CRYPTO,CRYPTOCURRENCY
DISCLAIMER
This is only a personal opinion and does NOT serve as investing NOR trading advice.
Please make your own decisions and be responsible for your own investing and trading Activities.
HOTUSDT Technical Analysis
⏳ Spot
💎 HOTUSDT Has formed a Bullish Flag. The price action shows that the price might go lower for a Pullback before it breaks above the Flag.
🏁 Short & Medium Term
💵 Invest Only 5% of your Portfolio
🎳 Entry at market or 0.010628
☕️ TP1 0.011720
🍺 TP2 0.012110
🍻 TP3 0.012490
🍾 TP4 0.012940
🍷 TP5 0.013450
🍸 TP6 0.014860
🍹 TP7 0.016820
🎁 TP8 ————
🚫 SL 0.009470
Good Luck 🎲
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💡Don't miss the great buy opportunity in HOTUSDTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.010628).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. HOTUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 59.
Take Profits:
TP1= @ 0.011458
TP2= @ 0.012493
TP3= @ 0.013450
TP4= @ 0.014862
TP5= @ 0.016826
SL= Break below S2
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💡Don't miss the great buy opportunity in HOTUSDTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.010628).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. HOTUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 59.
Take Profits:
TP1= @ 0.011458
TP2= @ 0.012493
TP3= @ 0.013450
TP4= @ 0.014862
TP5= @ 0.016826
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex / Crypto trader ?
Now, It's your turn !
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
Hot is looking hotJust sharing my point of view, not giving any advice.
On the chart we can clearly see a bullish flag pattern.
Holo is making a small correction after the impulse right now. If we can break above 0.01 i’m expecting a further movement untill the next resistance (0.017)
We can clearly see bullish divergence signs, which gives me even more confidence to go long on hotusd.
This is a shortterm analysis.