Long

Holochain HOT/BTC Analysis

348
Holochain looking bullish here. After a very strong movement upwards, it has now retraced.

Buy Signals:
*
  • Significant volume increase
  • Going strong above all moving averages
  • RSI at 55 which is good and has room to move up


We are a little late to the party but I believe there is still one more wave to come. Which is why I enter with a small position.

Buy: 0.00000030 to 0.00000035
Target 1: 0.00000054
Target 2: 0.00000070
Stop: 0.00000028

Bitcoin:
For the next wave to occur, bitcoin has to maintain its bullish momentum. The price is now attacking 4k resistance for the fourth time. With each time resistance is getting weaker and there is a strong possibility it will get broken.
If we break 4.2k I anticipate 5k and 5.2k.

Best Regards, Vinacey.

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