market summary of the last 24 hours, 96,958 traders were liquidated in 24 hours $170.40 million from long positions, $138.45 million from short positions liquidated.
In the previous holo analysis, we saw the rise coming with the lunar eclipse (September 18) and the possibility of retesting the trend until the solar eclipse (October 2). The gradual increase has now started after the solar eclipse. While the situation is positive for spot transactions, it is necessary to be careful for futures transactions. The bottom of the holo is now that trend line. The last movements with ups and downs are left. The retest situation in the trend is a couple more times. However, with the full moon of October 17, there may be more volumetric fluctuations. The big picture is now giving the buy and the trend is the last buying places. It is likely to come at least one more time. My expectation is that the wavy movement will start a good rise with its last wave with strong volume after October 17. As you know, these waves are necessary because they collect the assets from people's hands with discouragement and start the run in such a way that the rich, not you, become rich. That is why I am telling you about these fluctuations in advance, I hope you will be careful about the last waves and make good profits. For Information and Idea Purposes. Does not Contain Investment Advice.
In the previous bitcoin analysis, we determined the alternatives according to the lunar and solar eclipses. The scenarios for Holo seem to be the same. Between those dates, it rose with the lunar eclipse based on the trend line and then retested the trend line and started the bull season with the solar eclipse.
If you notice, Holo remained slightly below the main trend in 2020 and 2024 before the lunar eclipse and then rose to the trend. Holo is approaching its 9-month falling trend. In the red alternative, there is a possibility that it cannot overcome this falling trend and retests to the level of 0.001493. (The same alternative as 2020). When it reaches that level, it can start the bull season with the solar eclipse on September 30.
In the green alternative, it is to break above the level of 0.001790 together with the dollar inflation considering the conditions of 2024 and to rise even more with the solar eclipse.
In general, I expect a short-term decline for all coins. However, if the falling trends are broken due to market conditions, it will start the rise.
In addition, all coins apply cup formations during the bull season. In other words, the prices of 2 years ago must come to their buying places with inflation. Therefore, it may increase by around 2150% during the season. It is likely to go up even more with its characteristic structure after the peak.
Resistance levels for Holo (Long Term): 0.001790 = Break***
0.002783 = Resistance**
0.004184 = Resistance**
0.007234 = Resistance*
0.015590 Resistance**
0.031500 = Cup (Inflation Peak)***
With its high rate, Holo coin will enter the bull season after September 30 and please its investors.
For Information and Idea Purposes. Does not Contain Investment Advice.
I shared a very clear chart about the past and the future. Historically, we are either 2 months behind or right above it. It is not an investment advice, it is just my own dream.
334 days #bullrun my dream started here :) Make your investments based on your own research and information.ytd