HNT: Channel Down BreakoutHelium (HNT) technical analysis:
Trade setup : Bullish breakout from Channel Down pattern could signal a bullish trend reversal with upside potential to $2.00. Price has also broken above $1.50 resistance and 200-day moving average ($1.52), which suggests that buyers have finally absorbed all the supply from sellers, and price can now advance higher.
Pattern : Price was trading in a Channel Down pattern. With complete patterns (i.e. a breakout) – initiate a trade when the price breaks through the channel’s trendlines, either on the upper or lower side. When this happens, the price can move rapidly in the direction of that breakout.
Trend : Uptrend on Short- and Medium-Term basis and Downtrend on Long-Term basis.
Momentum is Bullish (MACD Line is above MACD Signal Line and RSI is above 55).
Support and Resistance : Nearest Support Zone is $1.15. The nearest Resistance Zone is $1.50, which it broke, then $2.00, and $2.30.
HNT
HNT ON WAY FOR THE SPEED WAYHello Trader,
Thank you for taking the time to read our update.
Data
HNT is recognized as a cryptocurrency that enjoyed a favorable period until it was delisted from financially important exchanges. However, since the beginning of 2022, it has experienced a period of decline.
We are closely monitoring HNT in anticipation of a potential resurgence.
Currently, we are eagerly awaiting HNT's performance in the critical hours ahead.
Targets
We are closely observing HNT's price movement, with an eye on reaching $1.60 initially and aiming for an eventual increase to $2.
Thanks for your comments
HNT seems ready for a move higherHNT seems ready to move higher.
On the weekly timeframe a trendline is forming.
The weekly EMA21 just went under the current price.
On the 12H it reclamed a level of support (around 1.7-1.75)
This is also near the 0.382 trend-based fib-level (1.689 to be precise)
Targets are on the chart. First target is 3 USDT. Followed by 3.4USDT.
The 3USDT-target is confluent with the 0.091 trend-based Fib-level. I've found that to be a good level to place orders.
On the lower timeframes there might be a trade around 2.5USDT.
The 2.5-level is the previous Daily high.
HELIUM / HNT ShortHNT has had a huge rise of 53% in less than 48 hours. It has reached its target $1.9 (2.618 FIB). Considering that we are going into another Bear phase because bitcoin has hit all of its targets and will go down to $18K. It would be fair to say that HNT can be shorted with the 1st TP being in the 1.45 / 1.5 Dollar range.
HNTUSD Major bullish break out targeting 1.8000.Helium crossed and closed over the 1D MA50 yesterday for the first time in 56 days. This is an early buy signal as the 1D technicals are still neutral (RSI = 50.663, MACD = -0.016, ADX = 29.754) but the RSI is already rising on an HL trendline.
We are buying this breakout early as with the March 24th breakout and target the 1D MA200, a little over the 0.382 Fibonacci level (TP = 1.8000).
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HELIUM 4 hr hidden bull divHeres another idea .....
this time Helium on the 4 hr chart, it caught my eye as this is one of the coins with the 4 hr stoch rsi low,
Hidden Bull Div gives some probability to the upside.
Looks to me like a V shape recovery Adam and Eve played out.
It has already ripped through the 200 SMA and now in a bull flag.
Could it be a huge cup and now in the handle for a huge pump, or was the cup and handy before the pump through the 200 SMA.
The golden cross zipped through and price action responded.
Measured move upto 2.2 range with a bit of resistance around 1.9
Moving averages look like they want to curl up nicely
Money flow does look a little bearish with it moving down but could flip,
4 hour rsi wants to rip in my opinion :)
Peace and love everyone :)
HNT is successfully recovering! +50% in the near future.Hello everyone! A month ago, I wrote my idea about HNT, but the delisting with Binance caused a drop in the coin's price.
However, as I mentioned in the comments on my previous idea, the project is old and has a strong team and goals they are achieving.
Currently, the asset has recovered from the fall and in a local picture on the chart, it has formed a technical analysis figure of an ascending triangle, successfully breaking the Fibonacci resistance level of 0.236 and consolidating above it.
If we look at it from a wider perspective, the asset is moving in a descending channel. The correction of the asset occurred to the lower boundary of the channel, and a reversal movement has started.
I expect the asset to recover to the Fibonacci level of 0.382 with further breaking of the level and a rise in price to the Fibonacci level of 0.618 ($2.28).
It is possible to expect the asset to retrace to the Fibonacci level of 0.236 and take a position in this area.
Targets on the chart.
This is not a financial recommendation, and everything you do is done at your own risk.
HNTThese are my thoughts on HNT . They are meant to give you an idea, not trading advice.
Very very VERY curious if HNT is temporarily bottoming here for a first bull run. I think so. It will need some time, but the signs are there. I love how the previous low got stopped. To me that is a hyper bullish sign. Need to see further reaction to be sure, but keeping my eyes on this.
Be careful, as the market never gives you certainties, only probabilities.
HNT very bullish.I expect an increase of 40% On the weekly timeframe, we see that after a long downtrend, HNT broke the downtrend line and consolidated above it. After the false breakout, a bullish candle with a long shadow was formed. I expect the asset to rise to ~$2.70. If we break the resistance zone at around ~$3.4, we can expect further upward movement up to $10. You can earn up to 40% profit at the $2.7 level.
This is not a financial recommendation, everything you do is at your own risk.
HNT - run at $4.5Watching this setup. Bullflag closing, potential on bounce off the bottom of the flag later this week or early break off the top with entry @$3.25 for 45%.
Some potential resistance at $3.5 from hoizontal / descending channel.
Best, Hard Forky
HNTUSD Can skyrocket to 16.000Basic fractal projection for HNTUSD/ Helium as the RSI action today resembles he price action of late 2020.
Both on a V-shaped/ Inverted Head and Shoulders pattern, in 2021 that targeted exactly Fibonacci 3.0.
Target a little under it at 16.000. Assume as confirmation the breakout over the 1day MA200.
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HNT looking Nice hnt has been in a continuous downtrend for several weeks and is finally showing us a solid breakout. Currently, it is ready to take a long flight i.e. it is hovering in the consuldation zone and very soon we may see a boom in it. For short term you can earn 2x profit in it and if you hold long term it will easily give 10x profit.
DYOR HAPPY TRADING 🕊️
HNT: NEXT POTENTIAL MOVE$HNT pullback at 50 day MA in a demand zone after a very promising impulse to the upside, taking the risk on this trade gives us a 1:2 RRR.
Follow for more!
HNT USDT TODAYApply your own risk management.
Daily and Weekly Targets + Monthly
hunt the profits at any level you see convenient for you.
Green Zone for entry,
Red Level Exit,
Yellow levels are targets.
have a good day guys.
right now, helium HNT doesn't seem like a good longI think the asset is in a short-term corrective pattern, I left the targets demarcated by regions.
#Helium #HNT start bullish trend?!#Helium #HNT start bullish trend?!
It seems that the downward trend of Helium currency has reached its end with a double zigzag pattern. In the first step, to ensure the end of the downward trend, it is necessary for the price to leave the downward channel. If the price exits the downward channel, we can expect the price to enter a long-term upward trend.
Orange ranges - support-resistance areas.
HNTUSD Strong pump but significant Resistance cluster aheadHelium (HNTUSD) has broken above the April 04 Lower Highs trend-line and is now inside the 1st Resistance (September 06 Low). The 1D MACD is overbought and if the price fails to cross above the June 25 2022 Lower Highs trend-line, we expect a re-test of the 1D MA50 (blue trend-line) as Support.
This Resistance cluster is the last barrier before the critical 1D MA200 (orange trend-line) Resistance which has been untouched since February 15 2022. This will be the strongest bullish confirmation which should be enough to make the price target the next (red) Resistance Zone, on the November 07 2021 Lower Highs trend-line and the 1W MA50 (red trend-line), potentially all around the same region, making it the final Resistance cluster before the new Bull Cycle's parabolic rally. Technically this should closer to the end of 2023.
P.S. Was almost a month ago before we projected HNT's bullish break above the short-term Falling Wedge:
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