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Helium

🎯 HNT - short term profit takingI've been watching HNT for a while during this bear market just to get an opportunity to get a position in it. This came at the end of August when bad news spread about it moving to Solana network some of its own network transactions. I'll not get into the details here as you can find this bit in the news with a search. What I need to mention from the beginning is that I now hold a position in it, so view the below with skepticism as I am biased on this topic. Now to the analysis! Ever since it bottomed it has been trading in this yellow ascending channel - which on the higher timeframe looks like a bear flag (more on this later). It has also formed a revival pattern - an ascending triangle (in blue) that you can usually find around local bottoms. This pattern usually announces a bigger upside move. You can find this pattern on many coins/tokens around 18th June bottoms this year (including ETH). Looking at the interactions the price had with H4 200EMA (magenta), it suggests that it is preparing for a move higher. Initially it was rejected with a wick (twice), then it scrambled around it and eventually it broke above it confidently. Today this revival pattern also broke bullish - which confirms it wants to move higher than we are now. This brings an opportunity for a long once the price retests the previous resistance area -> entry levels around 5.40$ We can consider now the H4 200EMA as dynamic support -> stop loss around 5.05$ Since the next EMAs on H8 and 12H can present dynamic resistance areas, which are confluent with previous wick tops, and also confluent with the middle and top lines of the channel, I'm looking at two profit levels -> 1st at 6.06$-6.20$ (in green) with a RR 2:1 and 2nd at 7.22$-7.77$ (in cyan) with a RR slightly above 5:1. As we are still in bear market conditions I don't expect HNT to pump too much - as mentioned, we are playing inside in a bear flag and we should eventually break below it. However, short term (3-15 days), I do believe this to be a nice profit opportunity. 💎 Looking forward for your questions below. If this idea provided you value, follow for more.
HLong
by opripom
HELIUM Trend AnalysisGood time to buy as price bounced off from golden FIB zone and broke out of the symmetrical triangle pattern, now retesting the triangle. Huge volume candles from last couple of months shows strong accumulation by whales or institutions. RSI showing divergence for potential trend reversal. Buy for the following targets in medium to long term: T1 : $38.00 (650% ROI) T2 : $75.00 (1400% ROI) T3 : $95.00 (1800% ROI) Do your own due diligence before taking any action. Peace!!
HLong
by Swastik24
HNTUSD going for the critical double MA Resistance testHelium (HNTUSD) is rebounding today after having made a low just off the 6.2500 Support of the May 12 2022 Bottom. As long as this holds, we should treat this as a Double Bottom. Technically this should put to test the double MA Resistance consisting of the 1D MA50 (blue trend-line) and 1D MA100 (green trend-line), with the latter being untouched since the April 04 2022 rejection. Interestingly enough, this Resistance is exactly where the June Lower Highs trend-line is, so HNT may have the chance to break above a Triple Resistance into a new strong rally. Keep in mind that this is backed by the Bullish Cross on the 1W MACD. -------------------------------------------------------------------------------------------------------- ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** --------------------------------------------------------------------------------------------------------
HLong
by TradingShot
How To Analyze Any Chart From Scratch - Episode 12Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst. Today we are going to go over a practical example on HNT, but you can apply the same logic / strategy on any instrument. Feel free to ask questions or request any instrument for the next episode. You can find the previous episodes below "Related Ideas" Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
HEducation
by TheSignalyst
54
Helium (HNT) formed big bullish Gartley for upto 533% huge pumpHi dear friends, hope you are well and welcome to the new trade setup of Helium ( HNT ). In the below previous idea after hitting the 1st target HNT dropped down, but this time I am expecting it will make a big move. Now on a monthly time frame, HNT has formed a huge bullish Gartley pattern. Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
HLong
by moon333