Hello Traders, we are currently taking a look @ HOT / ETH pairing on Binance.
Currently we can expect no new highs to form for HOT / ETH. At the moment we are testing a Supply Block in which we can expect a rejecion for HOT/ETH @ our Mid Range.
Looking for buys @ our Blue Demand Pivot for the Midterm on HOT / ETH @ 480-500. Lowball bids @ 530.
A Higher TF close below 530 and we can expect market to test our Monthly Range low.
Confluence
- 2D Demand Block
- Weekly Equilibrium
Currently we can expect no new highs to form for HOT / ETH. At the moment we are testing a Supply Block in which we can expect a rejecion for HOT/ETH @ our Mid Range.
Looking for buys @ our Blue Demand Pivot for the Midterm on HOT / ETH @ 480-500. Lowball bids @ 530.
A Higher TF close below 530 and we can expect market to test our Monthly Range low.
Confluence
- 2D Demand Block
- Weekly Equilibrium