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".
HNT
*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
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!
HNT/BTC +150% or dump?as we can see, price made a cup and handle formation and we have and uptrend movement in RSI. in this case price should break the red line and make confirmations above it.
Targets on upward direction are:
T1:14000 sat
T2: 24500 sat
HNT/BTC PAIR MID TERM TARGET HNT/BTC pair still pretty low in midterm it will blast like a bomb when BTC will be stable
HNTBTCMA200,360 has not still formed on daily but if this remains bullish, it may try hitting at least a little lower than the last top
HNT/USDT Continuing Growth In ChannelHNT is showing great resillience to most of Bitcoins misery, continuing the bullish behaviour in it's channel without stopping.
Since pin-pointing where the price will hit the upper resistance of the channel, I've marked two round numbers as important areas of resistance. R1 at $2.50 and R2 and $2.75.
Happy trading!
HNTUSDT - Accumulation phase HNTUSDT has been consolidating in a rectangular pattern since November (accumulation phase).
Price has formed a higher swing high and a higher swing low.
Potential breakout.
Buy entry ⬆️ - breakout above the rectangular pattern's horizontal resistance.
Targets 🎯 - fibonacci extension levels.
Setup invalidation ❌ - breakdown below the rectangular pattern's horizontal support
HNT/USDT Channel: Bullish OutlookHNT/USDT has been following this channel for almost a month now. Since price action picked up in the last couple of hours, I see this pair reaching the upper trend line at R1.
With sufficient volume, we might even break towards R2 in the near future, albeit a risky trade.
HNT/USDT Reversal fom Support: Bullish OutlookHNT/USDT reversed sharply from the support level earlier today. It seems that the price action is not about to stop anytime soon as well.
Consider Resistance 1 and Resistance 2 as potential areas of reversal. Do your own DD.
ANÁLISE DE 1H EM HNT/USDTESPECULAÇÃO NA CRIPTOMOEDA HELIUM EM RELAÇÃO AO DOLAR TETHER UTILIZANDO O GRÁFICO DE 1H 👇
O preço da criptomoeda vem se movimentando numa tendência forte de alta, com topos maiores que os anteriores. Entretanto, formou um topo menor em relação ao anterior, pode haver a formação de um triângulo simétrico? Devemos aguardar rompimento de alguma zona considerável para operar a favor. O preço vem respeitando a linha de tendência de alta, poderá haver uma correção para prosseguir.
RSI >47
HNTUSDT forming bullish Shark for upto 24% moveOn a 4 hours chart, the price action of Helium (HNT) is completing the final leg of bullish Shark pattern, soon it will be entered in a potential reversal zone.
Buying And Sell Targets:
The buying and sell targets according to harmonic Shark pattern should be:
Potential reversal or buying zone: $1.336 to $1.259
Fibonacci projection or sell zone: $1.410 to $1.570
Stop Loss:
The potential reversal zone area that is up to $1.259 can be used as stop loss in case of complete candlestick closes below this level.
Possible profit and loss ratio:
As per above targets this trade has a profit possibility of 24.70% and as per the above-mentioned stop loss, the loss possibility is 6%.
Note: Above idea is for educational purpose only.
