Not financial advise. Do your own research. The ideas shared here are the personal opinions of the BitDoctor team. Trade at your risk.
In a world of corrections, there are ups and downs. We're in a small correction and have broken 34 which has been acting as resistance for a while. Don't get too excited though. We just completed a substantial impulse and things don't last forever.
While I don't recommend buying any HOT right now, if you are holding it, you may want to consider unloading a portion of your position around the 37 area. There's going to be a decent amount of resistance at that level. Remember, typically this low cap coin doesn't move quickly and could easily take a while to get to my original buying target of around 25 sats.
We're likely in a correction of a correction. A larger ABC correction is in the making with us currently in a B wave of the larger C wave. the 23.6% retracement is sitting at 38 sats, downtrend resistance is sitting aroudn the same. If too much time goes by, I may adjust my prediction to a top at 36 but I think 37 is likely. Not much further than that.
Trade safely friends!
<3 -CE-
In a world of corrections, there are ups and downs. We're in a small correction and have broken 34 which has been acting as resistance for a while. Don't get too excited though. We just completed a substantial impulse and things don't last forever.
While I don't recommend buying any HOT right now, if you are holding it, you may want to consider unloading a portion of your position around the 37 area. There's going to be a decent amount of resistance at that level. Remember, typically this low cap coin doesn't move quickly and could easily take a while to get to my original buying target of around 25 sats.
We're likely in a correction of a correction. A larger ABC correction is in the making with us currently in a B wave of the larger C wave. the 23.6% retracement is sitting at 38 sats, downtrend resistance is sitting aroudn the same. If too much time goes by, I may adjust my prediction to a top at 36 but I think 37 is likely. Not much further than that.
Trade safely friends!
<3 -CE-
