Holo | HOT is looking like it is nearing a good bounce point
Holo | HOT is looking like it is nearing a good bounce point
The key indicator here is the breakout of the CVD trendline with an oversold divergence - BTC is still expected to head down a little further so a decent stop-loss below key support is necessary with targets sitting around two untested weekly pivots
| 2 x Untested weekly pivots make for a good TP target
| Retrace expected at the top of the descending range and where the 20 D.EMA is expected
| Using larger stop here as further BTC downside expected but not heavily continued
| Nice CVD Trendline breakout
| Small divergence in oversold territory
The key indicator here is the breakout of the CVD trendline with an oversold divergence - BTC is still expected to head down a little further so a decent stop-loss below key support is necessary with targets sitting around two untested weekly pivots
| 2 x Untested weekly pivots make for a good TP target
| Retrace expected at the top of the descending range and where the 20 D.EMA is expected
| Using larger stop here as further BTC downside expected but not heavily continued
| Nice CVD Trendline breakout
| Small divergence in oversold territory
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