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HNT

HNT is starting a huge uptrend, time to buy?We can see that HNT Is starting something very big. The downtrend ended with a descending parallel channel, and now we are in a brand new uptrend. The WXYXZ Elliott Wave corrective pattern has been completed, and we have already started a new impulse wave. What about the volume indicator? We have an elevated bullish volume, which is very important and confirms my bullish bias. Let me know what you think about my analysis, and please hit boost and follow for more ideas. Thank you, and I wish you successful trades! Helium aims to improve the communication capabilities of wireless Internet of Things (IoT) devices. In 2013, infrastructure around IoT was still in its infancy, but developers wanted to add decentralization to their offering, hence referring to it as “The People’s Network” in official literature. Its core appeal will be to device owners and those interested in the IoT space, with financial incentives providing further outreach possibilities. Network participants purchase Hotspots — a combination of a wireless gateway and a miner — or build their own. Each hotspot provides network coverage over a certain radius, and also mines Helium’s native token, HNT. The network runs on proof-of-coverage, a new consensus algorithm based on the HoneyBadger BFT protocol which allows nodes in a network to reach consensus when connection quality is highly variable. In addition to HNT, users pay transaction fees in a separate token called Data Credits, which are not exchangeable and tied to individual users themselves. Let me know what you think about my analysis, and please hit boost and follow for more ideas. Thank you, and I wish you successful trades!
Long
by Xanrox
10
HNTUSD 1W MA100 only barrier before $12.500Helium (HNTUSD) is on an enormous rise that just reached the 0.382 Fibonacci level of the Bear Cycle correction, headed towards the Supply/ Demand Equilibrium Zone. That's also trading towards that Zone is the 1W MA100 (red trend-line), the last long-term Resistance of the market. We expect a rejection there and a pull-back to the 1D MA50 (blue trend-line) to attract new buyers. Once HNT closes a 1W candle above the 1W MA100, we will target 12.500, which is both the 0.618 Fibonacci level and the June 10 2022 High. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:HNTUSDLong
by TradingShot
2
HNT has broken through the downtrend line, there is room to growHi all, back to the HNT. Since the beginning of the year, as far as the chart allows us to see, the asset has been moving in a downward channel. Not long ago there was a breakdown of the downtrend line, the asset has successfully consolidated above it so far. Ahead we have the first strong Fibo level of 0.236. After breaking through this level and fixing above it, we can open a long trade. Targets on the chart of $1.72 - $2.25 This is not a financial advice, everything you do you do at your own risk.
Long
by neverovv
1
HNT: Channel Down BreakoutHelium (HNT) technical analysis: Trade setup : Bullish breakout from Channel Down pattern could signal a bullish trend reversal with upside potential to $2.00. Price has also broken above $1.50 resistance and 200-day moving average ($1.52), which suggests that buyers have finally absorbed all the supply from sellers, and price can now advance higher. Pattern : Price was trading in a Channel Down pattern. With complete patterns (i.e. a breakout) – initiate a trade when the price breaks through the channel’s trendlines, either on the upper or lower side. When this happens, the price can move rapidly in the direction of that breakout. Trend : Uptrend on Short- and Medium-Term basis and Downtrend on Long-Term basis. Momentum is Bullish (MACD Line is above MACD Signal Line and RSI is above 55). Support and Resistance : Nearest Support Zone is $1.15. The nearest Resistance Zone is $1.50, which it broke, then $2.00, and $2.30.
Long
by altFINS
HNT ON WAY FOR THE SPEED WAYHello Trader, Thank you for taking the time to read our update. Data HNT is recognized as a cryptocurrency that enjoyed a favorable period until it was delisted from financially important exchanges. However, since the beginning of 2022, it has experienced a period of decline. We are closely monitoring HNT in anticipation of a potential resurgence. Currently, we are eagerly awaiting HNT's performance in the critical hours ahead. Targets We are closely observing HNT's price movement, with an eye on reaching $1.60 initially and aiming for an eventual increase to $2. Thanks for your comments
HLong
by SatochiTrader
HNT seems ready for a move higherHNT seems ready to move higher. On the weekly timeframe a trendline is forming. The weekly EMA21 just went under the current price. On the 12H it reclamed a level of support (around 1.7-1.75) This is also near the 0.382 trend-based fib-level (1.689 to be precise) Targets are on the chart. First target is 3 USDT. Followed by 3.4USDT. The 3USDT-target is confluent with the 0.091 trend-based Fib-level. I've found that to be a good level to place orders. On the lower timeframes there might be a trade around 2.5USDT. The 2.5-level is the previous Daily high.
Long
by FibonaccIvo
1
HNTUSD Major bullish break out targeting 1.8000.Helium crossed and closed over the 1D MA50 yesterday for the first time in 56 days. This is an early buy signal as the 1D technicals are still neutral (RSI = 50.663, MACD = -0.016, ADX = 29.754) but the RSI is already rising on an HL trendline. We are buying this breakout early as with the March 24th breakout and target the 1D MA200, a little over the 0.382 Fibonacci level (TP = 1.8000). ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
CRYPTO:HNTUSDLong
by InvestingScope
2
HELIUM 4 hr hidden bull divHeres another idea ..... this time Helium on the 4 hr chart, it caught my eye as this is one of the coins with the 4 hr stoch rsi low, Hidden Bull Div gives some probability to the upside. Looks to me like a V shape recovery Adam and Eve played out. It has already ripped through the 200 SMA and now in a bull flag. Could it be a huge cup and now in the handle for a huge pump, or was the cup and handy before the pump through the 200 SMA. The golden cross zipped through and price action responded. Measured move upto 2.2 range with a bit of resistance around 1.9 Moving averages look like they want to curl up nicely Money flow does look a little bearish with it moving down but could flip, 4 hour rsi wants to rip in my opinion :) Peace and love everyone :)
Long
by Crypto_SUP_Surfer
HNT is successfully recovering! +50% in the near future.Hello everyone! A month ago, I wrote my idea about HNT, but the delisting with Binance caused a drop in the coin's price. However, as I mentioned in the comments on my previous idea, the project is old and has a strong team and goals they are achieving. Currently, the asset has recovered from the fall and in a local picture on the chart, it has formed a technical analysis figure of an ascending triangle, successfully breaking the Fibonacci resistance level of 0.236 and consolidating above it. If we look at it from a wider perspective, the asset is moving in a descending channel. The correction of the asset occurred to the lower boundary of the channel, and a reversal movement has started. I expect the asset to recover to the Fibonacci level of 0.382 with further breaking of the level and a rise in price to the Fibonacci level of 0.618 ($2.28). It is possible to expect the asset to retrace to the Fibonacci level of 0.236 and take a position in this area. Targets on the chart. This is not a financial recommendation, and everything you do is done at your own risk.
Long
by neverovv