Holo/Bitcoin/Tether (13 May) #HOT $HOT #BTC $BTC #USDT $USDT

MFT is moving in the Falling Wedge formation combining Wolfe waves, this is a bullish formation and we can expect the target to 60-62 within 1 week. However, according to me, MFT is not in safe price range for holding long-term. Because MFT owes us 1 leg in 40-45 zone.
I suggest to buy at 49-50 range and sell around 60-62. Then set alarm at 40-45 zone and buy for holding long-term
Stoploss if price falls off the big Falling Wedge fomation, is below 40

Commentaire:

HOT seems to be too early to increase strongly during this time because the accumulation is not enough. Of course, HOT can still increase in short-term but for me, this is not the time to buy and hold.
HOT buyzone is 0.00095-0.001$ or 15sts. At here, you can buy and hold in medium term with target 0.0011$ or 20sts / long term with target 0.0015$ or 29sts
Stoploss if price is lower than 0.00095$ or 13sts