alanmasters

Holo (HOTBTC) on Binance (Resistance & Support Adjusted)

BINANCE:HOTBTC   Holo / Bitcoin
We've been tracking Holo ( HOTBTC ) on Binance for a few days now. I just updated the Fib. levels since there was a mistake.

You can see the different support and resistance levels for HOTBTC marked on the chart.

Note: This is not a trade advice. You can check my profile for those.

Thanks a lot for reading.

Namaste.
Comment: Holding nicely so far.
Good volume building up on the weekly...

Comment: Looks like some of the alts are detaching from BTC, Holo continues holding strong and volume is building up as I write this:
- On this chart you can also see a bullish crossover on the MACD as well as a bullish STOCH.
Comment: HOLO is on the move again with good volume and momentum, we might be able to break above 23 satoshis. This can turn into a positive development for this token.
Comment: Lacking strength... 23 is showing strong resistance.


- Failed to break 3 times on the 4h tf. Twice on the daily.
- With bearish divergence on the RSI and MACD.
- Decreasing volume.

One last note. This is weekend, so maybe next week it can be broken.
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Comments

Perfect way to trade HotBTC
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this is so exciting!!!
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Do you think it will hit resistance at 23 and then consolidate from there?
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alanmasters jrcastell
@jrcastell, If our support holds, it will move up from there and go for the next resistance at 23. If it can be broken this time, we will move to challenge the next resistance.

If support does not hold, HOTBTC will decline in price.
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jrcastell alanmasters
@alanmasters, thanks for the reply! I will be following you.
+1 Reply
Atacivi alanmasters
@alanmasters, hai Alan what are the targets update please.
Reply
@Atacivi, Hey hi. This is not a trade.
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