See my previous publication for local view:
HNT is currently in it's all-time highs zone. But, what If I told you that it's.. bottoming?
I'm not a big fan of making long-term speculations, ESPECIALLY on assets with short history. Take it with a grain of salt, but assuming the bullrun continues, as weird as it sounds these targets aren't surreal at all.
This analysis is based off nothing else but parallel channel with 4 touches of the bottom line (quite reliable support to be honest)
Let me know what you think in the comments!
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About Hellium:
Helium (HNT) is a decentralized blockchain-powered network for Internet of Things (IoT) devices.
Launched in July 2019, the Helium mainnet allows low-powered wireless devices to communicate with each other and send data across its network of nodes.
Nodes come in the form of so-called Hotspots, which are a combination of a wireless gateway and a blockchain mining device. Users who operate nodes thus mine and earn rewards in Heliumโs native cryptocurrency token, HNT.
Heliumโs goal is to prepare IoT communication for the future, identifying inadequacies in current infrastructure from its birth in 2013.
Source: morioh.com
HNT is currently in it's all-time highs zone. But, what If I told you that it's.. bottoming?
I'm not a big fan of making long-term speculations, ESPECIALLY on assets with short history. Take it with a grain of salt, but assuming the bullrun continues, as weird as it sounds these targets aren't surreal at all.
This analysis is based off nothing else but parallel channel with 4 touches of the bottom line (quite reliable support to be honest)
Let me know what you think in the comments!
-------------------------------------
About Hellium:
Helium (HNT) is a decentralized blockchain-powered network for Internet of Things (IoT) devices.
Launched in July 2019, the Helium mainnet allows low-powered wireless devices to communicate with each other and send data across its network of nodes.
Nodes come in the form of so-called Hotspots, which are a combination of a wireless gateway and a blockchain mining device. Users who operate nodes thus mine and earn rewards in Heliumโs native cryptocurrency token, HNT.
Heliumโs goal is to prepare IoT communication for the future, identifying inadequacies in current infrastructure from its birth in 2013.
Source: morioh.com
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