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Weekly forecast Holo technical chart

Trading suggestion:

  • By appearing primary signs of entering the market, new entry zone and short-term targets would be published.

DateJune 3, 2023 - 11:47
Currentrange bound
Forecastbeginning of downtrend

Midterm forecast:

  • While the price is below the resistance 0.002394, beginning of downtrend is expected.
  • We make sure when the support at 0.001380 breaks.
  • If the resistance at 0.002394 is broken, the short-term forecast -beginning of downtrend- will be invalid.

Technical analysis:

  • While the RSI downtrend #1 is not broken, bearish wave in price would continue.
  • A peak is formed in daily chart at 0.001748 on 05/17/2023, so more losses minimum to Major Support (0.001380) is expected.
  • Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains.
  • Relative strength index (RSI) is 44.

Symbol Released Current Forecast
Holo (HOTUSD) Tue, 11 Jun 2024
Holo (HOTUSD) Sat, 1 Jun 2024
Holo (HOTUSD) Sat, 25 May 2024
Holo (HOTUSD) Sun, 19 May 2024
Holo (HOTUSD) Sat, 11 May 2024