As soon as HOT passes 241 level it becomes more expensive than the 10sat BTC pair. This is significant in the sense that the smart traders will start buying up 10sat wall on the HOT/BTC pair instead of trading the ETH pairing. Once this major resistance that we've seen for some time now on the BTC pairing it opens the floodgates. I am bullish on this pair as the RSI looks reset and we and has bounced off a previous RSI support line and we are sitting on strong support.
I cannot stress enough that 241 IS A VERY IMPORTANT NUMBER FOR THIS PAIR!!!
Everything goes out the window if BTC makes any violent plays.
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I cannot stress enough that 241 IS A VERY IMPORTANT NUMBER FOR THIS PAIR!!!
Everything goes out the window if BTC makes any violent plays.
If you found this helpful please subscribe and upvote.