• Trade operations between HOLO and the US dollar have been featuring in ranges of $0.0015 and $0.001 price territories.
• Traders are advised to be wary of false any possible false breakout of the $0.0015 price territory.

HOT/USD Long-term Trend – Ranging

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

The market movements between HOLO and the US dollar seem to have reverted to featuring in a range after a long sequential order of variant slides in value. $0.0015 and $0.001 price territories have been the range trading zones of the market.

The 14-day SMA is at the middle of the choppy spots. And, the 50-day SMA indicator is over the smaller SMA trading indicator. The Stochastic Oscillators have crossed the hairs to point to the north closely below range 40. That signifies that there may soon be more ups featuring in this crypto-market trading activities.

This market is still under falling pressure as all the SMA trading indicators are located above it pointing towards the south. A sudden breakout of the $0.0015 upper range mark could eventually result in a bullish reversal to allow the bears’ force resumption in the market afterward. Therefore, traders are advised to be wary of a false breakout of price action.

Holo:

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