HNTUSDT - Double Bottom Pattern!HNTUSDT (4h Chart) Technical analysis
HNTUSDT (4h Chart) Currently trading at $23.9
Buy level: Above $24.4 (BUY AFTER BREAKOUT)
Stop loss: Below $19.6
TP1: $26.4
TP2: $28.5
TP3: $31
TP4: $34
Max Leverage 3x
Always keep Stop loss
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HNTUSDTPERP
HNTUSDT , The price need more correctionHello guys
Whats up ? i hope everyone have good trading week
Do you anything about HNT ??
According to the chart the price make parabolic move , and now the support of the parabolic is lost and the price is ready to dump more to have a good correction and we shown support zone that we expect the price can support from there and go to reach to the target that we shown it later
Be patient and reign
Good Luck
Abtin
HNTUSD Circle Convergence Bull MoveIn yellow a comparison is made between two points of circle convergence
Using this we can make the assumption that the prior bull move may occur again at the recent circle convergence
buy signal
💠HNT-- Welcome to new ATH! What next?Yesterday the price was rejected from the dynamic resistance and it seems like it is now going for another attempt to break it. Todays move might be very decisive as if the price gets rejected again, we can expect to turn it into chilling mode for a a while, which would be a typical behavior in ATH levels.
Aside from TA I just wanted to add that personally I think HNT has probably one of the strongest fundamentals in the whole crypto space, providing real-world value with already fully operational, fast-growing network, and I'm a big fan of the project. (still the charts come first)
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About Helium:
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.
Source: morioh
HNT Bottom? Macro View targets 700%+ 😲See my previous publication for local view:
HNT is currently in it's all-time highs zone. But, what If I told you that it's.. bottoming?
I'm not a big fan of making long-term speculations, ESPECIALLY on assets with short history. Take it with a grain of salt, but assuming the bullrun continues, as weird as it sounds these targets aren't surreal at all.
This analysis is based off nothing else but parallel channel with 4 touches of the bottom line (quite reliable support to be honest)
Let me know what you think in the comments!
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About Hellium:
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.
Source: morioh.com
🤷🏻♀️HNT- H&S but don't panic yet!The price has formed head and shoulders pattern which is obviously bearish. My eyes try to ignore it, but it's there. However there's no reason to panic just yet, just be prepared for any scenario. This should make things clearer for you.
Also remember about macro view :)
HNT close to 2 strong resistance levelsBINANCE:HNTUSDTPERP just bounced off the descending wedge resistance level and right above it there's a strong 200 EMA resistance level as well.
Furthermore, a bearish divergence has been formed on RSI & VPVR shows significant volume as being at a much lower price.
Short position has been placed. I know the risk:reward ratio it's not ideal but the market has been pretty spiky lately so we don't want to set a too short stop loss.
HNT next possible move LONGHNT next possible move LONG
BUY zone 1 4400
Buy zone 2 4000
Target 6500 +
IF we close 6h now above 4800 moonshot incoming
HNT USDT READY FOR BREAK OUTIF we break Descending Triangle. Please be careful because today is the weekend.
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 - 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
