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
HNTUSDT BUYHello traders!
HNTUSD is very close to the support and it is ready to give a strong move.
Once it breaks this correction it will hit the target very fast.
Hit the like button to support the idea and follow to stay connected
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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HNTUSDT - I toldPay attention to the level being pressed further.
The first take is about $10.
Stop loss - 7.0426
Calculate the risks!
You will learn the best place where we can trade this instrument at low risk.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
HNT/USDT Better To Hold! by looking the chart and kc channels hnt showed us that it has potential of breaking 10$ so only god can tell us when it will, but it will break 10$ for sure...
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 ...
HNT (Helium) Analysis 12/03/2021Fundamentals:
Helium (HNT) is a decentralized blockchain-powered network for Internet of Things (IoT) devices.
Launched in July 2019, the Helium mainnet allows low-powered wireless devices to communicate with each other and send data across its network of nodes.
Nodes come in the form of so-called Hotspots, which are a combination of a wireless gateway and a blockchain mining device. Users who operate nodes thus mine and earn rewards in Helium’s native cryptocurrency token, HNT.
Helium’s goal is to prepare IoT communication for the future, identifying inadequacies in current infrastructure from its birth in 2013.
Helium aims to improve the communication capabilities of wireless Internet of Things (IoT) devices. In 2013, infrastructure around IoT was still in its infancy, but developers wanted to add decentralization to their offering, hence referring to it as “The People’s Network” in official literature.
Its core appeal will be to device owners and those interested in the IoT space, with financial incentives providing further outreach possibilities.
Network participants purchase Hotspots — a combination of a wireless gateway and a miner — or build their own. Each hotspot provides network coverage over a certain radius, and also mines Helium’s native token, HNT.
The network runs on proof-of-coverage, a new consensus algorithm based on the HoneyBadger BFT protocol which allows nodes in a network to reach consensus when connection quality is highly variable.
In addition to HNT, users pay transaction fees in a separate token called Data Credits, which are not exchangeable and tied to individual users themselves.
Helium’s three co-founders Amir Haleem, Shawn Fanning and Sean Carey started the company in 2013.
Haleem has an active eSports and game development background. Fanning, by contrast, is well known for developing Napster, the music sharing service which was one of the first mainstream peer-to-peer (P2P) internet services in the late 1990s.
Carey meanwhile held multiple development roles prior to Helium, which included advertising optimization firm Where, acquired by PayPal.
Helium’s team now consists of members which the company says have experience in “radio and hardware, manufacturing, distributed systems, peer-to-peer and blockchain technologies.”
Technical Analysis:
as you can see the price has already done its accumulation phase and started rallying to the parallels legs of Fibonacci Projection.
it is currently consolidating in the projection zone and we are waiting for the higher levels which is the Extension zone and 261.8% and 361.% of the same Fib Projection
there are totally 3 Targets Defined
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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HNTUSDT Wave Three?Showing some strong upward motion. Entry and sell zones on the chart. I have also included Fibonacci prices and time zones. Good luck
*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
Trade on retest📉There is a good money opportunity, wolves🔥
There was a symmetrical triangle with strong bullish breakout on HNTUSDT crypto pair.
Now the price is in a correction.
Possible bullish movement is expected.
So this may be a good opportunity to catch the rest of the movement.
Follow the chart and look for the best price to enter carefully.
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".
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 PAIR MID TERM TARGET HNT/BTC pair still pretty low in midterm it will blast like a bomb when BTC will be stable