HOT set for potential breakout!
Updated
Please refer to chart for analysis. Based on the % gain during the last bull run, we can expect to go up to the 70 cents.
Buy between 0.0118 and 0.015
Leverage 20x
TP 1 - 0.144
TP 2 - 0.157
TP 3 - 0.171
Additional confirmation:
1. Fibonacci time zone
2. Trading above 20 day EMA on current uptrend.
3. Buyer VOL has been low the past few days, yet Seller VOL is not dominant.
Buy between 0.0118 and 0.015
Leverage 20x
TP 1 - 0.144
TP 2 - 0.157
TP 3 - 0.171
Additional confirmation:
1. Fibonacci time zone
2. Trading above 20 day EMA on current uptrend.
3. Buyer VOL has been low the past few days, yet Seller VOL is not dominant.
Comment
Expect to go upto 7 cents. NOT 70 cents. That was a mistake on my part.Comment
No daily close confirmation over said line. I would still hold for the same TPs since BTCs massive fluctuations have not had much affect on HOT and we are still trading above our 20 day EMA.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.