Welcome to this updated analysis on HOTBTC Let's get right to it!
We can buy this coin with a target at 0.00000031
TARGET: 1.) 0.00000031 2.) 0.00000038
We can AVOID/STOP loss at 0.00000023
Here we have Holo ( HOTBTC ) and two beautiful descending triangles. Before the bullish breakout of the first triangle, we can notice bullish divergence showing up on the MACD . This same signal is now also in play. On top of this pattern, I also calculated the potential profits of a bullish breakout using Fib. proportions and we are looking potentially at 250% profits if the same situation repeats. HOTBTC can still move lower before producing a breakout to the upside. Always make sure to set a stop-loss and have a trading plan before buying any altcoin, so you can know your next step regardless of what happens.
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