Nice and simple setup for HOT(Holochain)

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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