AlanSantana

✴️ Helium Full Analysis & Next Target Prediction

Long
KUCOIN:HNTUSDT   Helium / Tether
Very 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.

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