HNTUSDT
Helium ($HNT) Surges Over 48% To New HighHelium ( FWB:HNT ) stands out as a decentralized blockchain network dedicated to empowering Internet of Things (IoT) devices.
The catalyst for this surge was Helium’s announcement of its nationwide $20/month Unlimited Phone Plan. With the average American spending approximately $157 per month on cellphone plans amid rising inflation, Helium Mobile aims to provide an affordable alternative.
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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.
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.
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
HELIUM / HNT ShortHNT has had a huge rise of 53% in less than 48 hours. It has reached its target $1.9 (2.618 FIB). Considering that we are going into another Bear phase because bitcoin has hit all of its targets and will go down to $18K. It would be fair to say that HNT can be shorted with the 1st TP being in the 1.45 / 1.5 Dollar range.
bullish flag + bounced from support in the h1Violet line was perfectly accurate :D
broken up and retested accumulation in h4 and market general sentiment is bullish.
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.
HNT very bullish.I expect an increase of 40% On the weekly timeframe, we see that after a long downtrend, HNT broke the downtrend line and consolidated above it. After the false breakout, a bullish candle with a long shadow was formed. I expect the asset to rise to ~$2.70. If we break the resistance zone at around ~$3.4, we can expect further upward movement up to $10. You can earn up to 40% profit at the $2.7 level.
This is not a financial recommendation, everything you do is at your own risk.
HNT - run at $4.5Watching this setup. Bullflag closing, potential on bounce off the bottom of the flag later this week or early break off the top with entry @$3.25 for 45%.
Some potential resistance at $3.5 from hoizontal / descending channel.
Best, Hard Forky
HNT looking Nice hnt has been in a continuous downtrend for several weeks and is finally showing us a solid breakout. Currently, it is ready to take a long flight i.e. it is hovering in the consuldation zone and very soon we may see a boom in it. For short term you can earn 2x profit in it and if you hold long term it will easily give 10x profit.
DYOR HAPPY TRADING 🕊️
HNT: NEXT POTENTIAL MOVE$HNT pullback at 50 day MA in a demand zone after a very promising impulse to the upside, taking the risk on this trade gives us a 1:2 RRR.
Follow for more!
HNT USDT TODAYApply your own risk management.
Daily and Weekly Targets + Monthly
hunt the profits at any level you see convenient for you.
Green Zone for entry,
Red Level Exit,
Yellow levels are targets.
have a good day guys.
#Helium #HNT start bullish trend?!#Helium #HNT start bullish trend?!
It seems that the downward trend of Helium currency has reached its end with a double zigzag pattern. In the first step, to ensure the end of the downward trend, it is necessary for the price to leave the downward channel. If the price exits the downward channel, we can expect the price to enter a long-term upward trend.
Orange ranges - support-resistance areas.