Nice and simple setup for HOT(Holochain)

BINANCE:HOTBTC   Holo / Bitcoin
This ain't got much to go on about as its clearly visible its doing an impulse on all timeframes. That would mean an impending wave 5 on the daily as waves 1-3 are already completed and its doing a 4 currently . My targets for this upcoming potential 5 is around 56-60 sats level. There's no extending action given by wave 1 and 3 , so a strong and extended wave 5 is also possible. I would watch the price movement for wave 5(IF its coming up) to make a decision on the extending action. My targets for a stronger wave would be around 70-75 sats . A bearish divergence with RSI from the current ATH to the high of impending wave 5 would give us a confirmation for an upcoming larger 2 wave.

All of this can also be proved though , So trade smartly and carefully . I see nothing on the downside for HOT atm.

Always remember , this is not a financial advice.
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