With crypto reversing, HOT is naturally following the market trend.
Interestingly enough, the reversal of HOT occurred on a very important point, right at the bottom of the bullish channel .
Assuming that BTC will remain bullish / neutral in the near future, there's a decent probability that HOT will see more bullish price action and move towards the top of the channel.
Target would be the top of the channel, >130% gains potentially.
Happy trading!
Interestingly enough, the reversal of HOT occurred on a very important point, right at the bottom of the bullish channel .
Assuming that BTC will remain bullish / neutral in the near future, there's a decent probability that HOT will see more bullish price action and move towards the top of the channel.
Target would be the top of the channel, >130% gains potentially.
Happy trading!
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