Market insights
HNTUSDT"As we enter the bullish season, the initial target to aim for is
target : 30 🎯.
This is based on a combination of technical analysis indicators and market trends.
However, it's important to approach trading with caution and adapt to changing market
conditions.
Keep an eye on key support and resistance levels, as well as any significant news or events that may impact the market.
Remember to use proper risk management techniques and consider setting profit targets along the way.
Happy trading!"
#HNT/USDT - Long - Potential 34.55%Strategy: Long
Exchange: OKX
Account: Spot
Entry mode: DCA Limit
Invest: 0.5-1%
Exit:
Target 3 : 2.368
Target 2 : 1.971
Target 1 : 1.850
DCA Entries
Entry 1: 1.758 - 50%
Entry 2: 1.645 - 50%
Stop: 1.430
HNT similar to the FIL coin trade yesterday looks to be triggering interest after flipping its 200MA whilst also being identified by Greyscale as a best in class asset.
A stalwart project and pioneer in the internet of things I also feel HNT has real world application and therefore massive upside in the 2024 bull run.
After a period of consolidation following a downtrend we broke out but failed to find the volume required to pump price. When we did back on the 3rd November price conclusively broke the 20 and 50 MA's which had been capping price growth and has now pushed through the 200MA from a solid support base of buy orders stretching down to 1.356, you could if you prefer adjust your SL to be below these orders (personally I'll keep the SL in place as it first my RR).
TP's are derived from the FIB however TP3 sits the other side of a sell order so again feel free to allocate more to the first two orders or drop the stretch target altogether.
Second DCA entry optional but honestly its likely to be needed with BTC chances of a correction / liquidity dip increasing. If you are highly convinced that BTC dips then you could just wait and enter at 1.645.
HNT has broken through the downtrend line, there is room to growHi all, back to the HNT.
Since the beginning of the year, as far as the chart allows us to see, the asset has been moving in a downward channel.
Not long ago there was a breakdown of the downtrend line, the asset has successfully consolidated above it so far.
Ahead we have the first strong Fibo level of 0.236.
After breaking through this level and fixing above it, we can open a long trade.
Targets on the chart of $1.72 - $2.25
This is not a financial advice, everything you do you do at your own risk.
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 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
✴️ Helium Full Analysis & Next Target PredictionVery nice... It seems Helium is moving nicely and ready for another bullish wave, let's study the price action.
20-June HNTUSDT produces a rounded bottom and starts a bullish wave, we caught this one in full.
The wave peaks early August and the classic correction takes place.
The correction hits a low point 11-Sep and starts to go sideways, a new bottom pattern starts to form. This is happening exactly at the 0.786 Fib. retracement level for the bullish wave.
As this is a strong level and a higher low, if the bulls follow through a new bullish wave will develop.
Currently we see volume rising as HNTUSDT moves daily above EMA21 and EMA10, early signals of the next bullish wave.
That's all there is.
➖ Above 1.35, a new higher high expected within weeks or months.
➖ Below this level, additional correction is possible before the next jump.
Namaste.
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 Will Grow Easily Beyond 310%, According To Chart (12X)We have a very strong bullish chart here on the HNTUSDT (Helium) trading pair.
Growth can be strong because this bullish wave potential is huge and so the short-term can go beyond 150%, 250% and even 300%, based on this chart.
If I had to calculate the entire potential of the bullish wave that is now developing, we are looking at around 1200% or more than 12X.
That's why 180% and 310% seem like easy targets for the short-term.
Negation/invalidation happens on a close below the 19-June low.
I would make this a weekly close but even if prices move back that low before a major bullish continuation it would only make the ensuing bullish wave stronger... This is the least likely scenario at this point.
Always consider all scenarios.
Hope for the best, prepare for the worst.
Master chart technician.
Thanks a lot for your support.
Namaste.
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.






















