Updated
Falling wedge in Helium
* HNT in 30mins time frame forms a Falling wedge pattern.
* Falling wedge pattern occurs when the price moves between two trend-lines slightly sloping downward, forming lower-lows and lower highs.
* Here the lower trend-line works as support to the price and the upper trend-line works as resistance.
* If the price breaks the upper-trend we can expect a rally till $25.
* HNT is bearish below lower trend-line.
* Falling wedge pattern occurs when the price moves between two trend-lines slightly sloping downward, forming lower-lows and lower highs.
* Here the lower trend-line works as support to the price and the upper trend-line works as resistance.
* If the price breaks the upper-trend we can expect a rally till $25.
* HNT is bearish below lower trend-line.
Trade closed: target reached
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.