HOTUSDT
💎 Keep a close eye on HOTUSDT💎 Paradisers, #HOTUSDT has broken out of resistance, which may now act as support.
💎If #HOTUSDT demonstrates CHoCH after taking support from this level, it could signal a bullish move, possibly indicating an attempt to attract external liquidity.
💎In the event of a breakdown below this support, we may anticipate a bounce from the bullish Order Block (OB). However, confirmation with CHoCH at this level is essential.
💎Nevertheless, if the price breaks down below the bullish OB without any confirmation, it might be prudent to refrain from trading until clearer price action emerges.
MyCryptoParadise
iFeel the success🌴
HOT/USDT novice TAHOT tried to breakout of the channel in 4hourly but got rejected from 55EMA. Now trying to take support from 21EMA. RSI flipping to bullish on 4hourly. on hourly, cup and handle pattern forming.
If it crosses 0.64 then targets can be 0.0071, 0.0074, 0.0078, 0.00802 with a SL of 0.006.
If the trend goes rejected from 0.0059 then there can be a dumb of 10%
💡Don't miss the great buy opportunity in HOTUSD @Holo
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.01058).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. HOTUSDT is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 56
Take Profits:
TP1= @ 0.01143
TP2= @ 0.01206
TP3= @ 0.01262
TP4= @ 0.01341
TP5= @ 0.01429
SL= Break below S2
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💡Don't miss the great buy opportunity in HOTUSDTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.010628).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. HOTUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 59.
Take Profits:
TP1= @ 0.011458
TP2= @ 0.012493
TP3= @ 0.013450
TP4= @ 0.014862
TP5= @ 0.016826
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your support is very much 🙏 appreciated!❤️
💎 Want us to help you become a better Forex / Crypto trader?
Now, It's your turn!
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️