HOT – Holochain SHORT
Holo / TetherUS BINANCE:HOTUSDT
Look how many times HOT retested the Blue trendline – 10!!
It would be reasonable to assume this will continue.
We even had a Fake Buy signal Bull trap – we know when to ignore this by using the Volume Indicator – there was no reason for us to Buy so we ignored it and missed the losing trade.
Just to note – there will be a trend change at some point, but don’t let this scare you out of a trade. Until we have more buying Volume , this will CONTINUE to be a SHORT opportunity 🙂
Also keep an eye on HOT/ BTC chart to see if there is any changes. At the moment it looks bad:
