• HOT/USD market has been on a decrease as it’s not far away from the last range spot of the market.
• A price move to the northwards past that point may eventually lead to an approach toward a high value at $0.002.

HOT/USD Long-term Trend – Bearish

• Distribution territories: $0.002, $0.0025, $0.003
• Accumulation territories: $0.00075, $0.0005, $0.00025

HOT/USD market long-term trend in about a week, price moves have been more relatively down to the southwards. The crypto’s price hasn’t been so that on an intense decrease as it’s not far away from the last range spot of the market.

The 50-day SMA indicator is above the 14-day SMA indicator. And, they are on a high side on top of the current market value. The Stochastic Oscillators now consolidate around range 20 near into the oversold zone.

The HOT/USD market is under a price depression as it has appeared that a selling wall has set between $0.0015 and $0.001 trade territories. The trend-line of the smaller SMA indicator has been located at the $0.0015 mark to add to the degree of possibility of seeing more downs around it. However, a price move to the northwards past that point may eventually lead to an approach toward a high value at $0.002. And, the bulls may not be able to sustain such a move at an early stage of occurrence afterward.

Holo:

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