🔥 HOT 1-Year Descending Triangle

With stocks reversing and BTC appearing slightly bullish , there's a decent probability that the 4400 support will hold. In that case, HOT has formed an (almost) 1-year descending triangle .

I'd expect a move towards the top resistance of the triangle at the very least over the next couple of months. If BTC remains bullish , making a new all-time high or something like that, HOT can break out on the bullish side and make a move towards a new all-time high.

However, for now we're aiming for a lower high.

Happy trading!

💰Lower Your Trading Fees:

📈Try my Premium Signals for 🚨FREE🚨:

🔥Premium channel & 💎Contact:

🎯Crypto Signals & EXCLUSIVE analyses:

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.