Helium is a new blockchain tech launching in September. Founders coming from $SPR and there will be a 1:1 snapshot. For every 1 $SPR you own, you will get an additional 1 $HLM. Dev announced big update on Sunday including snapshot dates and possible facilitation by Bittrex. A descending wedge falls into play here for a possible bull moonshot.
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For those who asked, I think this is still valid. The lines have cleared up a bit, but it still looks like a descending wedge to me. The 8-29 dump looks like an anomaly with a clear descending wedge on all other lows / highs. So we shall see if that's how it plays out shortly!
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An old failed idea. Fundamentals destroyed it since they delayed everything.