alanmasters

Holo (HOTBTC) Strong Breakout on Binance (Targets and Support)

BINANCE:HOTBTC   Holo / Bitcoin
Here is another altcoin that took off big time on Binance, more and more altcoins are showing great action, growth and strength when moving up lately.

This is not something that we normally see when the market is bear, this is something that we normally see in anticipation of an upcoming up wave.

Below you have the targets (resistance levels) and for HOTBTC traders... ENJOY.

Targerts / Resistance

(1) 24
(2) 26
(3) 30

Support

(1) 16
(2) 14
(3) 12

Note: This is no trade advice.
This is done learning and entertainment.

Thanks a lot for reading Alan Masters Trades.

Namaste.
P.S. Feel free to support me by hitting like, share, comment and follow.
Comment: Retrace already taking form... All support levels are marked on chart:

Comment: Give it a few days to see how the retrace will go. There will always be plenty of time to buy in, sell for profits, etc. There is always a second chance, so take your time to buy into any trade whenever you see big movements.

It is better to sit back, relax, breath, research and take your time rather than rush... PATIENCE IS KEY when trading for profits...

Namaste.
Comment: 17 Satoshis has been holding nicely.

Patience is key here, we need to consolidate more.

Updated Fib. levels:
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Related Ideas

Perfect way to trade HotBTC
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Warming up, and we start shortly....stay of fly! This one is going wild!
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any thoughts on the full chart forming a C&H that you can't see on the binance charts? Just noticed it now. TY
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alanmasters kdtrades13
@kdtrades13, No. Where are you looking at the full chart?

Still, HOTBTC looks good for a long run up.
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kdtrades13 alanmasters
@alanmasters, on Coin Market Cap the coins first in data is on April 30th at 8 sats then by May 5th went to 20 sats and has rounded out the price back up to where it is now. I guess if we break up from here that may further confirm the good look for HOT. Here's the full chart on https://coinmarketcap.com/currencies/holo/

Ty.
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alanmasters kdtrades13
@kdtrades13, I can see the possible C&H pattern. This can be good.
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Don’t be scared by the dump....cause the dumpers will be the pumpers, and the pumpers will run after it on the way up ;)
+1 Reply
alanmasters genesislord
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Prepare for EXPLOSION!
We will hit 23 again...then depending on resistance may retrace or break up.
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Wait for correction at 14
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