SpartaBTC

HOT Symmetrical triangle. Price near trend fracture zone

SpartaBTC Updated   
BINANCE:HOTBTC   None
HOT / BTC The price after leaving the position-gain zone made + 87%. It rolled back and now a symmetrical triangle is forming. Figure working out potential + 47% It coincides with the first resistance. Price near the trend fracture zone, near the downtrend line. Perhaps we will soon after this lateral movement see a new uptrend, which is only now in its infancy.
It is important that the price breaks the downtrend line and consolidates above it.

The entry is at the breakout of the pattern and hence the downtrend. It is possible to enter at the rollback, if there is confirmation of consolidation above the downtrend line, it depends on who is trading.

The first target is the zone in the area where the triangle is worked out and the first resistance is + 40-50%. Further on the situation.
Also, one should not exclude the option of a price return under adverse market conditions in general to the previous zone of price retention by a major player.

Other sales targets for this coin.
You need to understand that this is a pump coin with satoshny% of the price move, and therefore in such coins pump can be hundreds of percent and pulses. After all, only for this they were created independently of the legend of the project.

The coin is very manipulative and monopolistic work is clearly traced. But sooner or later, the “big player” needs to wake up from the downtrend, because unlike the “believing hamsters” he needs real money, and not the “electronic code of a promising project”.

The Believers Hamsters sect believes that someday they will become fabulously rich without doing anything, thanks to a successful purchase. Thanks to the kind uncle who told the secret "secretly to the whole world." But the sectarian believes that only he has insider information.

In order to give faith to the hamster, the market maker of this coin needs to make a new uptrend and mega profit. Give a little money to the "believers", give hope to the "holders", but only in order to distribute even more coins that cost nothing.

The idea for this coin was published on September 27. Also in this previous trading idea, you can clearly see how the coin is pumped up and the way it works. More global goals are visible.

HOT 2 months laterally clamped. Perhaps a set of positions


After 3 weeks + 87%

Comment:
Comment:
Comment:

✅ Telegram. Finance + Trading: t.me/SpartaBTC_1318
✅ Telegram. Сrypto trading only: t.me/SpartaBTC_tradingview
✅ Instagram: www.instagram.com/spartabtc_1318
✅ YouTube (Rus): goo.su/vpRzRa2
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.