HNT (Helium) Halving & Volume Confirmed Levels

HNT has a halving event this weekend which cuts in half the amount of HNT that miners (hotspot owners) received for providing network coverage. Crypto halving is often a bullish catalyst as supply decreases. In this video idea, I continue using the TradingView Volume Profile Scripts to identify a key price level of high volume that has formed support for the move higher which began today.

Note: I started the recording on a MNQ chart so the title is displaying that as the symbol.

Note

HNT touched $15 last night. Can it round trip back to the POC at $12.50?

Trade active

HNT +30% today. Next stop $20.

Trade active

Trade active

First HNT sale in almost a year. 22.55

Trade active

Swing trading HNT between $20-24 over 3-5 day cycles.

Note

You're going to have to put up with me chirping about HNT all the way up to $250.

RodCasilli

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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.

RodCasilli

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