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HOTETH

#HOT/USDT#HOT The price is moving within a descending channel on the 1-hour frame, adhering well to it, and is heading for a strong breakout and retest. We are experiencing a rebound from the lower boundary of the descending channel. This support is at 000873. We are experiencing a downtrend on the RSI indicator, which is about to break and retest, supporting the upward trend. We are in a trend of consolidation above the 100 moving average. Entry price: 0.000888 First target: 0.000910 Second target: 0.000933 Third target: 0.000958
Long
by CryptoAnalystSignal
#HOT/USDT#HOT The price is moving within a descending channel on the 1-hour frame and is expected to break and continue upward. We have a trend to stabilize above the 100 moving average once again. We have a downtrend on the RSI indicator that supports the upward move with a breakout. We have a support area at the lower boundary of the channel at 0.000945, acting as strong support from which the price can rebound. Entry price: 0.000948 First target: 0.000984 Second target: 0.000998 Third target: 0.001020
Long
by CryptoAnalystSignal
#HOT/USDT#HOT The price is moving within a descending channel on the 1-hour frame, adhering well to it, and is heading for a strong breakout and retest. We are seeing a bounce from the lower boundary of the descending channel, which is support at 0.001240. We have a downtrend on the RSI indicator that is about to be broken and retested, supporting the upward trend. We are looking for stability above the 100 moving average. Entry price: 0.001346 First target: 0.001415 Second target: 0.001500 Third target: 0.001607
Long
by CryptoAnalystSignal
#HOT/USDT#HOT The price is moving in a descending channel on the 1-hour frame and is adhering to it well and is heading to break it strongly upwards and retest it We have a bounce from the lower limit of the descending channel, this support is at a price of 0.001065 We have a downtrend on the RSI indicator that is about to break and retest, which supports the rise We have a trend to stabilize above the moving average 100 Entry price 0.001148 First target 0.001194 Second target 0.0001255 Third target 0.001320
Long
by CryptoAnalystSignal
#HOT/USDT#HOT The price is moving in a descending channel on the 1-hour frame And it is sticking to it well We have a bounce from the lower limit of the ascending channel and we are now touching this support at a price of 0.001550 We have a downtrend on the RSI indicator that is about to be broken, which supports the rise We have a trend to stabilize above the moving average 100 Entry price 0.001570 First target 0.001612 Second target 0.001643 Third target 0.001678
Long
by CryptoAnalystSignal
#HOT/USDT#HOT The price is moving in a descending channel on the 4-hour frame and is sticking to it very well and is expected to break it upwards We have a bounce from a major support area in green at 0.001300 We have a downtrend on the RSI indicator that was broken upwards which supports the rise We have a trend to stabilize above the 100 moving average which supports the rise Entry price 0.001540 First target 0.001700 Second target 0.001850 Third target 0.002030
Long
by CryptoAnalystSignal
2
Do you believe in cycles?Holochain was a great investment in the previous cycle as it ran against ETH more than 10 times. I think if you're looking to increase your ETH position then accumulating Holochain would be an amazing strategy. In the previous cycle you can see the amount of time it took for the HOT/ETH pair to bottom out and took roughly 7 weeks to complete its bullrun. If this is supposed to happen again then time wise we are approaching the area that it should. Sadly this is a speculative play but when I look at the tokenomics behind HOT I can see that all tokens are in circulation, meaning there are no unlocks left and there is no staking as the FDV is equivalent to its Market Cap. I am accumulating as the risk to reward for now is in my favour. Have a great week folks.
Long
by Monovon
1