bitdoctor

HOT - Holochain - Finally done correcting?

Long
bitdoctor Updated   
BINANCE:HOTBTC   None
Not financial advice. Do your own research. The ideas shared here are the personal opinions of the BitDoctor team. Trade at your risk.

It's been quite a while since I've given an update on HoloChain. Last update I gave was at the beginning of March where I gave an idea to buy at 24 or 25 (we were at 25 at the time). We had a few green days after that where we got all the way up to 34. I won't sit here and say "That was 36% profit!" because rarely do people buy the bottom and sell the top but I can reasonably say that you could have bought at 25. Where you sold is up to you.

So here we are again. Back at 25. We actually cut down to 23 for a moment which is a little un-nerving but being back at 25 makes me wonder if we're going to have another push up. If this daily closes at 25 I'll buy againand look for a breakthrough of the magenta trendline. That has been our largest resistance area since the push to 46.

If the trade plays out I will be looking to exit around 35 and 37.

Trade safely friends. Easy stops in this wedge. Low market cap coins pose high risk as a single satoshi movement is a high percentage move
<3 -CE-
Trade active:
Well look at that. A little bump up. Let's see how long it lasts.

CE - BitDoctor
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