jpbrown1023

HOT - Testing Resistance, Bullish Breakout Imminent

Long
BINANCE:HOTBTC   None
I like this set up here with Holo's Daily chart. HOT found support at 7sat and has since curved upward to test the upper boundary of the channel. A breakout beyond this resistance area would be a huge buy signal for me. The MACD also looks very good as it appears to be finding support and remaining above the zero line. This flag looks similar to the flag from August of last year. I may enter here as I really like this set up and price.
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.