Hi 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...
HNT having trouble getting over the $41 resistance for now.
Bulls want to see that level break for a larger move to the upside.
Conversely, a break below the 50ema implies a move down to the trendline support.
Notice the large upper wicks - strong selling pressure supply in 41 zone, needs to eat through this for continuation higher.
In 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
Hello trading friends,
This is a small update for Helium(HNT)
HNT Shows a great trend for green. and possible that we can see some increase trends coming time.
Manage always your risk, and check the trend on 2 sides.
Target 1 14.80
Target 2 15.60
And check the trend only from the above trend line, there is not always a reason to enter the markets always...
