ahf010

hot in upward is a delusion

Short
BINANCE:HOTUSDT   Holo / TetherUS
right now after "Hot" good movement which was a correction I expect more drop, oscillators shows we are in overbuy area, so be careful

Comments

If you look at CMC holochain is oscilating around #40 position... based on that your assumptions are not true. Also "the lack of volume" the volume has been increasing the last days considerably..
Reply
ahf010 yomariano05
@yomariano05, Maybe I am wrong, the chart below was my expectation, there is a time backwardness as you can see, and the volume spike you mentioned , those we can count on, are in the rectangles I draw,
the positive thing is we are above the ichimuko cloud in daily time frame and it means we are in a uptrend so maybe the price decrease for a while and push up again
these are probabilities and I don't have any bigotry just sharing my idea

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@ahf010, another variable as i said before is whales manipulating the market... holo was around #35 in ath then they took it to #50 for a couple of months and now is back around #40.. if this theory applies maybe you are right since now is #37
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How about BTC pair up to 13 Sats

Thoughts?
Reply
ahf010 MattJay
@MattJay, well I was a bull in hot/btc,targeting 18 sat, but unfortunately it didn't move much in pair with btc, I think Btc dominance will shake alts market soon again...
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In weekly chart it show it has to touch 0,00110...what do you think?
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ahf010 mrdhsyn
@mrdhsyn, I am absolutely skeptical about your target,you see hot/usdt hit a very important resistance and oscillators are in overbuy zone and beside lack of enough volume made me to exit this trade and I saved the profit. But remember anything is possible in financial markets.
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mrdhsyn ahf010
@ahf010, i think it goes to 0,0011
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