HOTUSDT.P trade ideas
HOT USDTAs i have seen its taking support of EMA 20 value which is acting like a support. It has also tested the recent lowest Resistance area and now its bouncing back. in my opinion it will try to break the above resistance line. If that is the case it will be a big jump. This is my opinion. Please trade at your own risk
Holo idea I see similarities with a previous pattern.
Looks like we Will go up soon and have to Flip resistance in support and set new highs.
Possibility of a ATH for HOTHOT have broken its downward channel and is oscillating between support of 1.32 and resistance of 1.57 for more than two weeks. Considering that the RSI indicator has enough distance to its resistance trend line, there is good opportunity for a upward movement.
#TradewithMky HOt wait for classic breakout resistannce#TradewithMky HOt wait for classic breakout resistance
One more week of sideways actionLooking at the bollinger band it looks like will see one more week of sideways before we have another pump to the upside.
My idea for a strategy for HOT is if you bought it between 0.014-0.015 you still in a good buy in zone.
At target point 1, I am taking out my initial investment as that could be the top and go down and atleast anything else is like extra bonus to hold.
Depending on if we are really in this big channel then target 2 could be the top and choose to sell all or sell half if you think it might go even higher.
Because last top we move down so much and consolidate for such a long time, for me I feel target 2 could be the top. For Holo definetely need a good exit strategy and not HODL too long when it touched the top.
HOTUSDT Day tradeHOT/USDT has been getting sold at an order block around 0.017. Once we break this order block and a new bullish order block is created price may see hot test the order block that made the prior strong move to the downside.
I have marked up my targets. Good Luck!
HOT is following doge as a role model?HOT looks like BTT and doge coin in my opionion. after their intial pump, they had long consolidation within small range. HOT has a good chance to begin super bullish rally. it may take a while, but when it begins, you may say to yourself, yay worth it indeed.
this is my personal opinion and should not be used as signal.
happy trading y'all
siavosh
