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Soul_Investments

1H - HOT - Elliot Wave

Long
Holo / TetherUS (BINANCE:HOTUSDT)  
Soul_Investments Updated   
BINANCE:HOTUSDT   Holo / TetherUS
Trend Analysis
6
5
trendanalysis
On the 1H time frame Holochain looks bullish and seems to continue with the Elliot Wave to the 5th Wave, before a bigger correction will follow.
Comment:
If the price breaks through $0,001450. There is no resistance visible on the 1H time frame. On the 4H time the first restance is at $0,001650. Looking at the length of the bullish flagpole, the price can reach Fib 2.618 on the 1H time frame and is similar to the 4H next resistance level.
Comment:
The bullish flag pattern and Elliot wave is still valid on the 1H time frame.
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