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HNTUSDT

HNT (Helium) Analysis 12/03/2021Fundamentals: 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’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.” Technical Analysis: as you can see the price has already done its accumulation phase and started rallying to the parallels legs of Fibonacci Projection. it is currently consolidating in the projection zone and we are waiting for the higher levels which is the Extension zone and 261.8% and 361.% of the same Fib Projection there are totally 3 Targets Defined
HLong
by BitonGroup
35
Great triangle⚖️Let's make a short break between educational materials, wolves🔥 There is a really interesting formation on HNTUSDT crypto pair. Ascending triangle only for you. There was a bullish sentiment before and now the price is in a consolidation. According to Elliott Waves theory all the waves are done and now the price is heading to the breakout. _____________________________________________________ If you enjoy my FREE Technical Analysis , support the idea with a big LIKE👍 and don't forget to SUBSCRIBE my channel, you won't miss anything! Feel free to leave comments✉️ And always remember: "we don't predict, we react".
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by Berzerk_invest
1
*HNT possible %50 profit*Another well defined flag formation *I'm a buyer at 6.20-6.30 range * Macd turning positive SL: candle close below MA Please read this first ! This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading. Regards
HLong
by karati
Trade on retest📉There is a good money opportunity, wolves🔥 There was a symmetrical triangle with strong bullish breakout on HNTUSDT crypto pair. Now the price is in a correction. Possible bullish movement is expected. So this may be a good opportunity to catch the rest of the movement. Follow the chart and look for the best price to enter carefully. If you enjoy my FREE Technical Analysis , support the idea with a big LIKE👍 and don't forget to SUBSCRIBE my channel, you won't miss anything! Feel free to leave comments✉️ And always remember: "we don't predict, we react".
HLong
by Berzerk_invest
4
HNTUSDT Long termHi dear. The weekly candle is depicting strong buying. With the Fib retracement we can see now is the buying time with the support of 0.618 zone. And the second wave is incomplete, to protect your assets please set stop losses Buy market order 4.2$ - 4.4$ Stoploss 3.8$ Take profit 4.8$ and 6$ Anything that doesn't make sense, please give me a comment. Please motivate me to develop myself and help someone needed. Don't forget click like, it's a hug for me. Thanks you!
HLong
by BMynameX
2