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HNTUSD going for the critical double MA Resistance test

Helium (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.
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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.
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** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. **
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Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.
I trade Crypto, Forex, Indices & Commodities on PrimeXBT — all from one account with TradingView charts 👉 tradingshot.short.gy/PrimeXBT
I also use TradeNation for fixed spreads & zero commission 👉 tradingshot.short.gy/Tradenation
I also use TradeNation for fixed spreads & zero commission 👉 tradingshot.short.gy/Tradenation
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.