HNT (Helium) Halving & Volume Confirmed Levels

HNT has a halving event this weekend which cuts in half the amount of HNT that miners (hotspot owners) received for providing network coverage. Crypto halving is often a bullish catalyst as supply decreases. In this video idea, I continue using the TradingView Volume Profile Scripts to identify a key price level of high volume that has formed support for the move higher which began today.

Note: I started the recording on a MNQ chart so the title is displaying that as the symbol.

Comment:

HNT touched $15 last night. Can it round trip back to the POC at $12.50?

Trade active:

HNT +30% today. Next stop $20.

Trade active:

Trade active:

First HNT sale in almost a year. 22.55

Trade active:

Swing trading HNT between $20-24 over 3-5 day cycles.

Comment:

You're going to have to put up with me chirping about HNT all the way up to $250.