NOTE: These are just my opinions. My messages or chart analysis are NOT intended as a recommendation to buy or sell any cryptocurrency or asset. Do Your Own Research.
** NO POSITION , NO COMPENSATION **
HOTBTC is extremely oversold at 1D chart. Stoch RSI is at the absolute bottom. Tom Demark count gave a red 7 which confirms that bears will be exhausted soon. Price is currently at daily MA50 (29) This is a major support point and seems like it will hold. It tried to break it today but market gave immediate response. I expect price to increase in upcoming days....
Ascending triangle signalling bullish continuation.
Fundamentals are good, with an alpha testnet launch only days away.
Technicals support a bullish run in the near future.
Stochastic RSI suggests that we may test the lower resistance again before a major run, but this is not guaranteed.
Targets set at 50, 58, and 66 satoshis.
Hello Traders, we are currently taking a look @ HOT / ETH pairing on Binance.
Currently we can expect no new highs to form for HOT / ETH. At the moment we are testing a Supply Block in which we can expect a rejecion for HOT/ETH @ our Mid Range.
Looking for buys @ our Blue Demand Pivot for the Midterm on HOT / ETH @ 480-500. Lowball bids @ 530.
A Higher TF...
got a good looking EW showing extended wave 5 to 70 sats could occur but this is the normal 5th wave so thats what we will play for the time being.
Target between 45 and 50
HOT completed 5 wave moves and right now in ABC correction.
The correction wave presents 40% opportunity here.
Targets in the green boxes.
Previous analysis of correction.
Not financial advise. Do your own research. The ideas shared here are the personal opinions of the BitDoctor team. Trade at your risk.
It's been a few days since I've taken a good look at this. It's not because I am not interested but it's because we're consolidating. It's not as easy to see on the daily chart but I've chosen to use this so I can show the whole...
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...
Not financial advise. Do your own research. The ideas shared here are the personal opinions of the BitDoctor team. Trade at your risk.
As an update to a previous idea, I've made some slight adjustments based on price action. It seems to follow my target of 24 nicely. I personally sold off quite a bit of what I was still holding onto at 33 and have buys layered...
