HNT
HNT Continued ConsolidationDespite bullish macro outlook as well as the market pumping HNT is in consolidation. Hopefully it stays within this 14-12USDT range before it makes the next leg up. April has always been a very nice month for altcoins, however with the recent uptrend to $20+++ a little cooling is in store.
Long term we have validators and halvening coming up; also with HIP20 tokenomics are more favorable to price with a max cap as well as the concept of "token recycling" meaning when HNT is burned for DC the coin is then recycled back into the total marketcap. Not an econ expert but it seems to be some sort of elastic deflationary mechanism as B2B will be using HNT and the recycling keeps incentivizing HNT miners to keep nodes going.
Not financial advise, DYOR, am just talking bullshit
Check the HNT processA triangle protruding from all sides will have a good descent / ascent, considering the MA100 support, we are expected to return to the top of the triangle ceiling in the first stage after testing this support. The resistance is marked with an orange line that will continue after the failure to reach the final target (green line).
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HNTUSDT Hello to you all. Mars Signals team wishes you high profits at all times.
We are in 1 hour time frame. As you can see, it broke its support line and penetrated below that line. We intend this move to be a pullback.
Warning: This is just a suggestion to you and we do not guarantee profits.
Wish you luck!
HNTUSDTHNT did a great job moving up and even though it's rejected right now, it still has a 18% move up as the first hot coin on Binance.
There are 3 support areas which can definitely support the price and help you open long positions.
Keep your eyes on this coin, if the supports couldn't hold the price, you can open your short positions.
⚠️ NOTE: This usually happens when a coin gets hot on crypto platforms: it might go down by a little and then get back up to a new high.
Good Luck 🎲
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Imminent break-out Helium HNTBTCHelium has just confirmed break-out of the ascending triangle with target pointed out on the chart.
HNTUSDT - UPDATE...see and watch :)
It has broken the historical resistance and the candlestick above it is closed and it seems to reach the moon ...
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.
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And always remember: "we don't predict, we react".
*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$
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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
