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HNT

HNTUSDTHello Crypto Lovers, Mars Signals team wishes you high profits. We are in the daily time frame. The price is moving between the R1 and the S1 lines. We need to wait for it to break from either of them. It is risky to Long or Short it from here. We need to wait for it to either break the R1 line and then buy or wait for it to hit the S1 line, stabilize above it and then buy. Those of you who have this token had better save their profits at the R1 line. Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions. Wish you luck
H
by MarsSignals
2
HNT (Helium) Coin Analysis 03/05/2021As we have Analyzed, Invested on this Coin earlier and ultimately Achieved our Past 3 Targets on it, so we are Updating the new Targets: Fundamental Analysis: Helium (HNT) is a decentralized blockchain-powered network for Internet of Things (IoT) devices. Launched in July 2019, the Helium mainnet allows low-powered wireless devices to communicate with each other and send data across its network of nodes. Nodes come in the form of so-called Hotspots, which are a combination of a wireless gateway and a blockchain mining device. Users who operate nodes thus mine and earn rewards in Helium’s native cryptocurrency token, HNT. Helium’s goal is to prepare IoT communication for the future, identifying inadequacies in current infrastructure from its birth in 2013. 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. Helium uses a bespoke consensus mechanism called proof-of-coverage (PoC) which rewards users for contributing to mining (validating transactions) and ensuring stability. PoC is based on the HoneyBadger BFT protocol, which is specifically designed for node communication when conditions are unreliable. Helium says that the most likely attack vector impacts node operators in the form of inbound ports of Hotspots. For token holders, the platform’s own wallet uses asymmetric keys to help users with private key security. Helium’s three co-founders Amir Haleem, Shawn Fanning and Sean Carey started the company in 2013. Haleem has an active eSports and game development background. Fanning, by contrast, is well known for developing Napster, the music sharing service which was one of the first mainstream peer-to-peer (P2P) internet services in the late 1990s. Carey meanwhile held multiple development roles prior to Helium, which included advertising optimization firm Where, acquired by PayPal. Helium’s team now consists of members which the company says have experience in “radio and hardware, manufacturing, distributed systems, peer-to-peer and blockchain technologies.” Approximate mining periods of 30 to 60 minutes unlock rewards which are distributed according to a changing growth plan. Helium explains that at the start, node owners will accrue more HNT for building out network infrastructure, while later on, it will be more advantageous to transfer device data. This adjustment mechanism for token distribution is expected to last for around 20 years. As of the start of October 2020, there are 48,712,218 HNT in circulation. When the token launched, the supply was zero, with no premine. The live Helium price today is $18.96 USD with a 24-hour trading volume of $40,934,793 USD. Helium is up 10.09% in the last 24 hours. The current CoinMarketCap ranking is #79, with a live market cap of $1,536,186,921 USD. It has a circulating supply of 81,039,235 HNT coins and a max. supply of 223,000,000 HNT coins. Technical Analysis: the Coin has done its initialization and Accumulation Phase followed by some Reaccumulation and distribution on its Past Impulsive cycles which is the Good sign of Price Correction and well Established Value and Price infrastructure. There exist a Hidden Bullish Divergence of Price and MACD, which is the sign of Bullish Trend Continuation. Few Support areas are also defined by Price Action which are having Confluences with Fibonacci Retracement of the initialization to the ATH. 3 Targets are Defined by Fibonacci Projection of the initial Impulsive cycle and its Retracement. the 3 TP gets its confirmation as the Price Triggers the 2 TP followed by Some Price Correction.
HLong
by BitonGroup
10
HNTHNT Some things to point out: This is an "internet of things" play or IoT It's cheaper to use HNT than to buy a sim card for individual devices that need to communicate with a network. HNT build out expense is low because individuals are paying for equipment to have a stake in network revenue, paid out in HNT tokens. Users of the network are generating revenue already. Since the biggest expense of running a telecom network is paying financing costs, that value can instead accrue to token holders and network operators. This is disruptive technology combined with a disruptive business model. Asymmetric upside vs normal execution risk. Increased probability of a premium buyout by indebted market participants to make the "threat" simply go away.
HLong
by vccrypto
HNT/USDT. HNT SHOWS SIGNS OF STRENGTH. What is going on, everyone. First of all, I wanna congratulate on a up-coming NEW YEAR and wish ya all big profits and great income) 🥳 For today we have a patient named HNT. Let's operate him and see what interesting it got. Lets start with some analysis.From November 16th we saw something closed to distribution with break of market structure and liquidity left above. At the same time, 2 main cryptos (Bitcoin and Ethereum started shaking and loosing strength). A level of 37$ showed a support level for retail traders to create liquidity with following falls below. Then, we touched the demand zone and started an accumulative scenario. We saw a liquidity under support level from 6th to 9th of December. It is a good sign of the possible uptrend. So, the price took out all liquidity creating spring and price went high with other BOS'es and new highs and lows. What should we do? I have pointed out OB Zone for possible entering in the trade. If you want to minimize risks, i strongly recommend you to wait for micro BOS (for instance, 5 minutes) in this macro trend and then you can enter. if we break this OB zone, then can consider the change of the trend and we should find a great point of entering. But right now, if BTC and ETH don't fall below, then our first scenario is likely to play out and we can enjoy our profits. Thank you so much for your support and activity. If you have any questions or alternative point of view, don't be shy, I will be happy to read and answer them. I always read your comments)
HLong
by Quantedyth
Helium Looks Ready for Round 2!! BINANCEUS:HNTUSD has strong fundamentals and news that continues to shine even during the recent pullback. If today’s Daily candle can close over the 23.6 fib extension then we could see nice price action back to $40 plus range. If you haven’t purchased any $HNT yet I highly recommend looking into their project. Continue to monitor $HNT as they keep releasing new 5g news! Look in to HNT mining if you haven't heard of it yet. Trade : Daily close over $34.8 price level would signal a solid entry for a swing trade. Risk : You could risk off of the 50 EMA convergence zone and edge of HVN at about $33.75. This would give you roughly 8% SL. Profit : Profit taking would come in around $40-$41 as this is edge of the next HVN as well as 38.20% fib extension and fib retracement on the daily chart. This is almost a 2-1 R:R. Not the most appealing but HNT is such a great long term investment IMO. As always DYOR - Not Financial Advice!
HLong
by DOpeTrades