Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency Trading => Cryptocurrency Price Speculations => Topic started by: dragononcrypto on September 12, 2019, 03:27:30 PM
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(https://i.imgur.com/vT6c8me.png) (https://www.tradingview.com/chart/HOTUSD/Bq1gw5Gl-HOTUSD-Decision-Time-The-Countdown-Phase/)
- TD Sequential support from the red 9 is at $0.00068195 (red dots), at bottom of horizontal support area .
- If sequential/horizontal support is broken to the downside, expect a breach of the falling channel to the next support.
- Waiting to see what happens in the countdown phase, whether the sequential will flip green soon or carry on red.
- There's a similarity in the November-December 2018 consolidation (in organge) but far from convincing.
- The projected bars are taken from the most substantial rises (January 2019) and crashes (November 2018).
- This is the first time the Weekly TD Sequential has reached a 9 or 13 for the HOTUSD pairing.
- Indicators all look bearish on a weekly scale and don't look much better on the Daily either.
- Upside target: $0.0037 (+360% NATH) / Downside target: $0.000385 (-53%).
- FYI-ATL: $0.000341 on June 29th 2018, not December 2018 low.
Source: https://www.tradingview.com/chart/HOTUSD/Bq1gw5Gl-HOTUSD-Decision-Time-The-Countdown-Phase/