Helium Mobile
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Helium Mobile - just waiting for a spark

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Mobile has been following a descending triangle since April. Normally this is a bearish chart pattern. But it has recently:
1. Broken the trend to the upside
2. Formed a double bottom, and
3. Created a higher low after bouncing off the 50 day SMA.

There is a key resistance to break at 0.001 which is only 8% away. If achieved, the upside potential is large. The next area is around 0.0018 (nearly double where we are today), and the ATH from less than a year ago is 0.0075 (an 8x from today).

A move below the double bottom at 0.00065 would invalidate the theory, so the risk to reward is very good.

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