LoganWestCoast
Long

HOTBTC - Bullish!

BINANCE:HOTBTC   Holo / Bitcoin
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.
Comment: Technically, this is now invalid after closing out of the triangle. However, Stoch RSI has now fully reset, so I'm willing to wait it out for a while. It would be surprising if it dumped from here, in my opinion.

Comments

Nice analysis mate 👌
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Good to see some more TA on HOT!
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