ðĨ HOT Break Out From Horizontal Channel Soon
Holo has been trading inside a horizontal channel for almost a month now.
With Bitcoin making another shot for >$50k and the total market cap making new highs, it could very well be the starting sign for HOT to start moving outside of this horizontal channel.
Key resistance here is the $0.0125 line. A close above said area could indicate new strength from investors and push the token further up.
Main target for the next move is the area around $0.015, potentially higher if BTC shoots towards $60k.
Happy trading!
With Bitcoin making another shot for >$50k and the total market cap making new highs, it could very well be the starting sign for HOT to start moving outside of this horizontal channel.
Key resistance here is the $0.0125 line. A close above said area could indicate new strength from investors and push the token further up.
Main target for the next move is the area around $0.015, potentially higher if BTC shoots towards $60k.
Happy trading!
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