Has HNT found support and now continuing the uptrend? Over the last year or so HNT has made a very solid structure and shape of a trend.
Higher highs, and higher lows.
I love the fundamentals of this coin and I've been accumulating on any pullbacks.
It looks like we've seen another one over the last couple of days.
Really nice correction into a strong support area, which got bought up big time.
If we see price close at or above this level on the daily it will then print a daily candlestick reversal pattern right at the bottom of the trendline.
If this does happen I'll let you make your own analysis of what might happen next...
Cheers and Trade safe
Dale
Helium
🆓Helium (HNT) May-17 #HNT $HNTHNT is heading to the 12$ zone, this zone is very reliable to buy in for the targets at 18$ and 24$ in June.
If it loses this zone, it will have another dump to 7$ zone
📈BUY
-Buy: 11.7-12.3$. SL if B
📉SELL
-Sell: 17.6-18.4$. SL if A
-Sell: 23.5-24.5$. SL if A
♻️BACK-UP
-Sell: 11.7-12.3$ if B. SL if A
-Buy: 6.8-7.2$. SL if B
❓Details
🕯Timeframe : 1 Day
📈Red Arrow : Main Direction as BUY & SELL section
📉Blue Arrow : Back-Up Direction as BACK-UP section
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
🅰️A : The Close price of candlestick is Above the zone
🅱️B : The Close price of candlestick is Below the zone
Analysis combo $INJ $REEF $HNT $DGB $STRAX #1In this video I go through several coins which I think have some interesting prospects. This is the first video from a mini series I will do where I cover different coins, bullish or bearish and give you my honest fundamental and technical opinions.
HNT Helium - The Sweet Spot for Buys [Longs]I am watching HNT to buy. What I like about this token is the way it behaves and expresses in the charts.
Perfect formations for Technical Analysis and it is very pleasant to the eyes.
After reading many nasty GBP/CHF charts this is Niceeee to read. :D
I marked the zone where my longs are waiting. If you read the fundamentals on HNT you will find out the project is massive and genial.
Any break of the TL if will a sign of weakness and its time to leave camp.
Thanks for you comments on my previous Doge Coin Analysis written on Sunday past, which I leave it below
HNT Before The Herd GrazesBoth fundamentally and technically, this project is about to jump straight from high school to the majors. If you are not yet familiar with what Helium is all about, I am not going to put myself in a position to spread false information #DYOR. Moral of the story, the chart is #bullish in my opinion, and if people now are making $100+ per day using the miners they cannot seem to make enough of just yet, this is merely the beginning. Did I forget to mention these miners use an incredibly small fraction of the energy traditional miners do, and that HNT has an upcoming halving; but the mining rewards will NOT be cut in half. Grab yourself a Helium miner if you get the chance. Not financial advice.
The 200d price target is incredibly conservative on my part as I see this coin as nothing other than a triple digit coin, I expect a move very similar to #Filecoin when people just did the research. Good luck out there!
HNTUSDT potential scenario Due to the limited data, that's a potential count for helium.
Not a financial advice.
Happy trading
Imminent break-out Helium HNTBTCHelium has just confirmed break-out of the ascending triangle with target pointed out on the chart.
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
DMEHF -- Desert Mountain Energy , Ascending Triangle PatternIn my previous post on DMEHF, I speculated that Desert Mountain Energy would continue sideways until mid Feb. This pattern has changed slightly from a symmetric triangle pattern to an ascending triangle pattern -- we're making higher lows and retesting the line of resistance on the weekly at $1.49. On the daily, the 20 day moving average is starting to creep above the 50 day moving average. Continued bullishness above $1.32 permitting, we might continue to trade along the 20 day moving average.
Something to watch out for are the thinning volumes which might make it vulnerable for the bears to take over.
Helium bulls trying to confirm a daily trend change on BTC pairHelium bulls are watching this daily chart, aiming to confirm a daily trend change on the BTC pairing.
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 $1.259 can be used as stop loss in case of complete candlestick closes below this level.
Possible profit and loss ratio:
As per above targets this trade has a profit possibility of 24.70% and as per the above-mentioned stop loss, the loss possibility is 6%.
Note: Above idea is for educational purpose only.
HNT Helium Easy Targets - HNTBTC HNTUSDT HNTUSD HNTBITCOINHNT Helium Easy Targets - HNTBTC HNTUSDT HNTUSD HNTBITCOIN
Helium ($HNT) breaking out of a 1 month downward channelWill see if this can close a 4HR candle above the channel if not short till middle of the range!
