defrog_god

defrog_god

That last few reversals we saw were the .5 reversal and the .618 reversal. During both of these reversals, HOT bounced twice off its support, rallying to its resistance, before laddering down to its test its support for a third time. After failing the to bounce off the support level a third time, HOT saw a steep race down to the next retracement level. Right now...

defrog_god

Yesterday we saw a huge sell off across the market, seeing a higher impact on alt coins. HOT dropped below its previous .618 support level at around $.0135, dipping down to it's .786 retracement level at around $.0009, and then finally shooting back up to the .618 level. The strong rally from its .786 to .618 retracement level shows a decently strong support at...

defrog_god Updated 

Hot is testing the .618 retracement from the initial but run that started in mid march. I believe HOT will dip to .0135 before possibly moving back up to around the .024 level. If HOT dips below .618 level, bull run is over, if not, it will need to show strong momentum to break past .024 level.