We have a very strong bullish chart here on the HNTUSDT (Helium) trading pair.
Growth can be strong because this bullish wave potential is huge and so the short-term can go beyond 150%, 250% and even 300%, based on this chart.
If I had to calculate the entire potential of the bullish wave that is now developing, we are looking at around 1200% or more than 12X.
That's why 180% and 310% seem like easy targets for the short-term.
Negation/invalidation happens on a close below the 19-June low. I would make this a weekly close but even if prices move back that low before a major bullish continuation it would only make the ensuing bullish wave stronger... This is the least likely scenario at this point.
Always consider all scenarios. Hope for the best, prepare for the worst.
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