HEX
HEX Token (HEX) • At support level but nothing much has changedGot request to make an update on HEX. Here's my thoughts on this chart.
• Structurally speaking makes sense to long here at technical support levels because it offers good RR.
• From trend and momentum things still look grim despite ongoing bullish divergence BUT macro trend still look terrible so any bounce likely to be short lived.
Generally speaking better to stay out of this but if one has to take long ideally 10 or 20% of typical normal position size just for the fun and knowing there strong chance this print another quick candle down.
Volumes also don't look impressive despite small grow yet they don't look like capitulation like.
Hex is going to 0,085cHEX is in a descending parallel channel on the weekly line chart .
Now ,that middle line is lost ,price should test the lower line (now roughly at 0,085c)
Target1 : 0,085c (that should send the weekly RSI near 30 reading) .
This is also -83% from ATH . (last bear market BTC bottomed at -83% from ATH)
Target 2: 0,04-0,05c (should play out with a higher high on the weekly RSI=bullish divergence)
Target3 : 0,015c (this target is less possible but still on table if sh hits the fan around the world)
Short. Invalidation :0,185c .....anything under 18c is BEARISH and price should meet at least one of our targets.
DOT looking for a breakout on the weekly chart.DOT weekly chart, looking like a possible bullish
reversal. there is Hidden bullish Divergence
with the price having a higher low
and the RSI putting in a lower low.
price targets and support listed on the chart.
DeMark 9 Indicator is reading there is a 80%
probability the weekly candle has hit the bottom.
The #HEX bear market continues!!! Where will we Bottom, if ever?Since launch I have been watching the price of HEX form market structures that showed bullish upside behaviour.
Even during long consolidation periods.
This 12 cent area just does not look like a support level that is going to hold imho
Max pain needs to be felt, in all assets
whether it Gold bugs who sit through decade (s) long dead periods
Bitcoin holders who have endured multiple 80% down-draws
HEX as an asset also has show it has genuine longevity by going through it's own bear market and coming out the other side intact!
Not everyone will make it speculating and investing that is the honest truth, we all have been beaten up in this game.
Can this protocol ultimately show that Long term thinking and a protocol designed to help you #Hodl really work in the world.
Micro cap Gem? #HDRN Hedron Quite bullish on what I am seeing so far in terms of adoption on this newly launched protocol.
The #FUD during launch will most likely fade away quite quickly
Early dumpers will also have this ticker symbol freshly imprinted on their consciousness, so I expect some of those sellers to also turn into buyers If the protocol performs as designed!
#HDRN added to my position on this dip :)What is Hedron;
#Hedron (#HDRN) is a collection of smart contracts that live on the #Ethereum and #PulseChain blockchain(s).
Hedron builds on top of HEX to allow stakers to mint and borrow HDRN tokens against their active HEX stakes.
Hedron also allows stakers to trade their HEX stakes as #NFT tokens on any compatible NFT marketplace.
Hedron has no admin keys and no kill switches.
Just like HEX, Hedron is completely decentralized with zero counterparty risk.
Increasing amounts of liquidity is coming in on this newly launched #Defi protocol
Beware like most new airdrops there has already been lots of early dumpers
I have been testing the liquidity with 5 figure sums and the slippage is quite reasonable around 2.3% currently
Plenty of reasons to believe this protocol will be here to stay, more importantly with a 3-6 month time horizon these early day prices could prove quite profitable!
BTC daily chart still intactBTC daily chart.
As you can see, BTC is still following the Bullish
ascending channel for the last 281 days.
When the entire world keeps the narrative
that BTC has crashed to nothing, it continues to
do what the chart has been indicating...
Until BTC breaks the lower trendline, this chart
still stands very strong...BTC also continues
to show Hidden Bullish Divergence...that is where
there Price has a higher low, and the RSI has a
lower low...I believe MOST traders
and Technical Experts, continue to miss this very
important indication.
-Zoom in on the other
notes to see some of the fine analysis.
HEX weekly chart is still phenomenal! HEX weekly chart
As you can see Hex has had longer sideways action
for a longer period than ever. But there has been
4 projects that have had sacrifices and it seems as
some of the $ flowed into the sacrifices phases of
PUSLECHAIN, PULSEX, LIQUID LOANS TOKEN and MINTRA.
But that does not mean anything but bullish sentiment
from here on out. HEX weekly has formed a double
bottom which is bullish and the DeMark 9 Indicator
has shown (7,8,) which means it has hit the bottom. Lets
watch what happens when the annoincement of
PULSECHAIN launch is and the available coins might be getting
bought up bc of the free ERC-20/PRC-20 copy that will happen.
BTC 3 day chart continues to follow the bullish channel!BTC 3 day chart.
As you can see, BTC is still following the Bullish
ascending channel for the last 281 days.
When the entire world keeps the narrative
that BTC has crashed to nothing, it continues to
do what the chart has been indicating...
Until BTC breaks the lower trendline, this chart
still stands very strong...BTC also continues
to show Hidden Bullish Divergence...that is where
there Price has a higher low, and the RSI has a
lower low...I believe MOST traders
and Technical Experts, continue to miss this very
important indication.
-Zoom in on the other
notes to see some of the fine analysis.
HEX could turn bullish if...HEX current price is 14.05c
I think the Ukrainan war max fear has gone . If things won`t escalade ,and more countries will step in ,I think there`s a decent chance markets will find a bottom soon . If things will escalade ,then your last worry will be crypto prices ,and you can threw out of the window all TA`...
Hex needs to close above old support 17-18c c (daily ,preferably a weekly candle close) but even 16,5c is good enough to turn NEUTRAL.
23,5c-24c (thats where the 21 weekly EMA is ,but also horizontal S/R) is another major resistance .If you see prices higher then 23c ,thing could turn really BULLISH
In the past 24-48hours, HEX had all the reasons to go under 10c ...didn`t happened and now there is a decent chance price could form W bottom around the 12c (no bullish divergence tho) and go back to at least 16-17c.
VRA daily Head & Shoulders and Adam and Eve remains bullishVRA is showing that all indicators
are bullish...We can not control
black swan events, but even
then, its staying in a bullish
scenario.
CHART AND RSI IS CHARTING
HIDDEN BULLISH DIVERGENCE
Meaning, The price has a higher low
and the RSI has a lower low. which
is very bullish. Zoom in to the chart
for all the details concerning
each indicator i can see.
BTC 3 day chart continues to follow the bullish channel!BTC 3 day chart.
As you can see, BTC is still following the Bullish
ascending channel for the last 281 days.
When the entire world keeps the narrative
that BTC has crashed to nothing, it continues to
do what the chart has been indicating...
Until BTC breaks the lower trendline, this chart
still stands very strong...BTC also continues
to show Hidden Bullish Divergence...that is where
there Price has a higher low, and the RSI has a
lower low...I believe MOST traders
and Technical Experts, continue to miss this very
important indication.
-Zoom in on the other
notes to see some of the fine analysis.
Hex short term playsBullish and bearish scenario depending on weekly close.
1. if we close above 0.155c on weekly, we likely to go up from here,
2. if we close below this strong chance going down to lower support zone and completion of ABC correction pattern.
New buy zones at lower supports
ladder down between 0.10 to about 0.075c. hopefully this will be the low for this correction.
I've loaded my bags at 0.15c, next time is at next target another 10-20% if possible. Don't overcommit at each level. We're playing the longterm game here. Happy staking!!!
HEX is going places Currently HEX price is 16.5c! every sell /short calls is in the last 5 months is in profit.
Price is under 21 daily EMA
Price is under 21 weekly EMA (this EMA also sloping down which indicates EXTREME sell pressure)
Price penetrated Richard Heart`s liquidity wall
Price is under God Whale`s pump
Price is under 17,5-18c horizontal support
Price never reached our 23.5c short invalidation point (above 23.5 daily close price is NEUTRAL. Not bullish ,NEUTRAL!!!)
Conclusion:nothing changed since my last 4-5 updates ,this is going DOWN .Some of the OG`s are still in strong denial and flexin` while the founder dresses like a pimp .This is going down HARD and soon they all will have a reality check ! (cinsert wall street cheat sheet HERE)
Target1 : many things are pointing to 0,085c (BB lower weekly line should be tested now that middle line is lost) also we have a triangle target to same area
Target 2: if 0,085 wont hold price could go as low as 5c
Target3: 0,015c
Short/sell
REkt!
Invalidation: the very same 23.5c (and thats on the weekly close) Anything under 23.5 is bearish and ready for a 60+% dump.
#HEX signs of bottoming from #volume flow indicatorKeep a eye on this on your own charts!
a simple return to the zero line will yield some nice gains.
Sustained time in the positive zone will start a new Phase of the HEX lifespan.
And beckon the next wave of wealth to be created
(setting up for those participants to exit and start another bear cycle)
from what heights will the next bear phase begin?
Simply when those paper profits are so big that they will cause profit taking that overwhelms new entrants into the system again.
TOTAL3 is getting primed for a launch again!TOTAL3 (Total Cypto Market Cap
except BTC and ETH) 02-21-22
3 day chart
is reading Hidden Bullish Divergence.
which means the price has a higher low,
and the RSI has a lower low.
In my opinion, theAlt season is right around the corner, If BTC retraces to its 7.02 Fibinocci, watch for the ALT coins to explode.
#HEX : To ride these cycles , you need to get on your bike!#crypto is not a spectator sport if you want to win at this game.
Ability and experience riding these bumpy roads is crucial for longevity and crucially to wherewithal to make these X's!!!
Overall I feel this bearish sentiment for the general crypto market will to shall pass
which is at this point we have to admit has been a drag somewhat on the HEX price.
But Hex is proving once again, that it is not Regular S coin
and a attack on all time highs is coming at some point this year
$HEX Bearish ScenarioThis is a bearish scenario for $HEX.
Harmonic failed. General market conditions cryptowide are bearish.
Too many people selling HEX and not even enough demand.
Plotted fib. 88% retracement is a guess. NFA.
Pulsechain taking ages.