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TradingShot
Feb 2, 2022 8:03 PM

HNTUSD Buy above the 1D MA50 

Description

Helium has been trading within a Bear Phase (red) since the November 07 2021 High. It is virtually repeating the previous Bear Phase of April 06 - July 25, which ended when the price broke above the 1D MA50 (blue trend-line) that kickstarted the Bull Phase that peaked on the November 07 High. The RSI sequences of the two phases were both on Lower Highs. Expect a new Bull Phase on HNTUSD when the price breaks again above the 1D MA50.



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Comments
Beardedlady71
How do the technicals look now? Is your idea still on track?
Solldy
thanks for sharing , your chart look cool
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