HEXUSD trade ideas
Just one more reason...BULL PENNANT formation on the 4 hour.
This price action will break any moment
between now and this weekend. One
more reason to get in while this baby
is still within this pennant. Could we
come back down and retest .07 cents?
possible...but bull pennants are powerful
trading indicators. My bet is we break higher
and hit .03 cents within a couple of weeks!
Good luck!
******** HAVE A HAPPY HEXICAN DAY! **********
HEXUSD Bottom is in! Excellent x10 profit opportunity.HEXUSD has had the strongest 1W green candle last week since the week of October 16 2023. It closed a week above the 0.236 Fibonacci level for the first time since July 10 but the biggest bullish development is that the 1W MACD histogram broke above its Descending Lower Highs trend-line, which is a major divergence from the early 2023, indicating that the market bottom has most likely been priced last October.
As a result, we are now looking at HEX's upside again with the first natural Resistance level being the 0.382 Fib, which is where the 1W MA50 (blue trend-line) is headed to. That is our short-term Target. On the long-term we are aiming at the 0.133750 Resistance which from the current level it is more than x10 returns. However we are willing to commit to that only if the 1W MA100 breaks (and closes a candle above), which is where the massive March 20 2023 rejection started or after a pull-back to the 0.236 Fib again.
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GET READY!I've seen this too many times to be fooled about the next move.
HEX has tested this resistance 3 times and will BREAK OUT to the
upside on the 4th test. This is your last warning to get HEX just
below a penny before the train leaves the station for good. BTC
dominance is coming down...ALTS are getting ready to explode.
Don't doubt me on this one...
Oh and..
************ HAVE A HAPPY HEXICAN DAY! ************
W PatternPotential to double your bags here in a couple of weeks.
This is a good area to buy if your looking for a quick way
to double your bags. After the FAKE OUT we painted a
quite unique W pattern...but hell...it's still intact and
ready bounce up to our next resistance level. We may
even overshoot .02 and ride this all they way up to .03
Good luck out there and happy trading!
************* HAVE A HAPPY HEXICAN DAY! **************
HEX tribulationUnless we break this resistance...expect more downside on HEX
BTC appears to ready to pull a bull trap...expect more sell off in the
coming days...perhaps even a bounce to 48k before a good dump.
I expect BTC to retest 31k before the halving...so it will be interesting
to see what happens to alt coins in the coming months. Just get more
dry powder ready for the upcoming insane bull market. Most people bought
into the ETF BS news...I think it's a bull trap and a lot of people got trapped
in their longs. These targets are support area's should HEX continue to sell
off as well. Be ready!...HEX and the whole PLS eco system could explode
any day now as whales sell of BTC and will be looking for new streams of
revenue. Good luck!
************ HAVE A HAPPY HEXICAN DAY! *************
Big move soon!This is on the 4 hour. As you can see HEX is compressing within
this triangle. It would be VERY odd for price to break down at
this juncture. To many bullish vibes out there and I think HEX
is ready to shoot up to test .01 cent if not spring all the way
to .03 cents. Richard Heart just posted a Christmas video...
I see no reason for price to break to the downside...get ready
for the BOOM!
*********** HAVE A HAPPY HEXICAN DAY! *************
HEX doin it's THANG!HEX once again demonstrating why it's gonna explode soon...
Just classic, classic bullish divergence on the 4 hour. Daily
looking just as good. Looks to me we are starting to
break outta this falling wedge. Could be a powerful move
in the coming days...weeks...who cares! Sit back and have
eat your popcorn...gonna be fun to watching this in real time!
********* HAVE A HAPPY HEXICAN DAY! ***********
Where does HEX go from here?The big question on everyone's mind is this...will HEX
hold the line at 3/10 of a penny? Could we possibly see
the RSI dip down into the 24/21 range? That would mean
a retest of 1/10 of a penny and HEX overall would be down
almost 100%! Don't rule this out. It's important to understand
we have January right around the corner with a new HEX conference.
That being said...I would keep some reserve ammo ready for such a
scenario. Long shot...but would be worth the wait. Since this on the
DAILY time frame we could be looking around Jan-Feb for this to unfold
I've learned never to say never in crypto. Big Daddy Bitcoin dominance
is just about topped out. We could see a slow bleed as liquidity flows
out of BTC and back into Alts. These are exiting times for sure! I have
been DCA into HEX since 3 cents. So yes...I'm down...but not out! The
upside to all this is the anticipation of full blown BULL market that is just
around the corner! This is ALL speculation! Do NOT take this as set in stone.
If we hold the line at 3/10 of a penny...well hell..pack your bags! LFG!!!
************* HAVE A HAPPY HEXICAN DAY ****************
HEX on Ethereum possible reversal & upside targetsHEX on Ethereum has done a textbook golden pocket retracement following its explosive run-up in October. It has been consolidating around this level for a couple of weeks now and is hinting at the downtrend being broken by a strong heikinashi candle. Key levels to look for appear to be 1.1, 2.2 and 3.7 cents.
pHex - 195% Move SoonpHex has been forming this large symmetrical triangle for almost 200 days now, which means a breakout should lead to a pretty explosive move. Based on the technicals, our breakout target should lead us about 195% higher from the current price to around $0.03.
Right now the bottom of this triangle is around $0.008 and the top of our trendline currently sits around $0.01458.
With pHex being a fairly new asset and Hex always being represented in a high risk category, please use caution. But from a trading perspective it looks good.
(((******Just click on the chart to make eHex go away and only see pHex*****)))
3 Key Targets for the eHEX Chart to look Bullish1. Ice-cream target - break through this downtrend line (getting easier every day).
2. Banana target - break through the S/R zone around 1.8 cents (170% move at time of posting).
3. Tropical holiday target - make a higher high above 13 cent high set on 23 March (19x move at time of posting).
eHEX Breakout Target for Potential Inverse Head and ShouldersIf you squint hard enough, you just might be able to imagine that HEX on Ethereum is forming an inverse head and shoulders pattern. If that were to be the case, the target for a breakout above the neckline would be in the 4 cent range, corresponding with the memetic target of 3.69 cents, a level that it spent a lot of time at in the summer of 22, following its mid-May dump. However, that's a lot of ifs. Whether this pattern plays out or not, it's foreseeable that that level will likely be significant on the way back up.
1.618 Fib Target for HEX on Ethereum and Pulsechain.Assuming the 23 Q3 lows were the cycle bottom, a 1.6618 Fib extension target would indicate a price of around 90 cents. However, we must also ask whether or not these pre-fork prices could be expected to hold any relevance in the age of Pulsechain. Assuming they do and current ratios hold, a 1.618 target would curiously see HEX on Pulsechain at around the previous all-time high, whilst eHEX would be around the 30 cent level, which also corresponds with some significant S/R areas at the previous distribution phase and in December 21. A 50x from here would be nothing to be sniffed at.
5 STEP RETRACELook for a retest around the .0039 area.
As you can see...it's taking it's sweet time
getting there. Should this play out it would
probably be the last time we retest this area...
You would be wise to just DCA not matter if this
plays out or not! Good luck and let's bring on the
PUMP in December!
************* HAVE A HAPPY HEXICAN DAY! *************
Rally falls short...This short term HEX rally once again fails to break up! This is really testing the
patience of true HEXICANS! Will HEX hold here @ 6/10 of a penny?...or do we
retest .0039? Fear not! My best suggestion is the DCA in this area NOW as
well as reserve powder for the lower support band indicated in the chart. HeX
will not be held under water for much longer...pressure is building and we are
looking for a healthy bounce in this area!
************ HAVE A HAPPY HEXICAN DAY! **************
BULL FLAGNeed I say more?...the window to jump in while
still below a penny are dwindling. Still...there
is the SMALL group mentality that somehow, someway...
price will revisit 2/10 of a penny or lower.
Stop fooling yourself. This is on the daily timeframe...
so we could break next week...or, possibly in a week
or two. Measured move to the UPSIDE should this play
out would be 2 to 3 cents. Good luck and happy trading!
************** HAVE A HAPPY HEXICAN DAY! ******************
Hex - Breaking DownLooks like Hex has currently broken down on the 4H timeframe. Price was maintained in a symmetrical triangle until we had a breakdown, retested the old trendline of support as new resistance and have fallen down to the 0.5 fib. If we get a daily close below this symmetrical triangle we could expect price to fall lower to the 0.618 or even the 0.786.
This makes sense with the ongoing investigation into Richard Heart and theoretically will only start moving up once the trial is resolved.
Next move for HEX...HELL YEAH!Hex compressing in this triangle. Our next resistance
will be around 1.8 cents. Don't count on any dips back
to 2/10 of a penny. Your time to get into HEX while it's
STILL BELOW a penny is running out. This is on the 4 hour,
so it's rough time idea only...the break will be UP...not DOWN...
so stop wasting your time trying to FIND the bottom...you'll
get frustrated and YOU WILL end up missing the train. I don't
see any real pull back on BTC until early January...so watch
for Altcoins like HEX to continue to rally! Good luck!
******** HAVE A HAPPY HEXICAN DAY! ********
HEXUSD You were warned. Did you take that buy??We gave a strong buy signal on HEXUSD 20 days ago following an RSI bullish divergence, whose activation was when the 1day MA50 broke.
It quickly hit target 1 (0.006650) and almost even completed target 2 (0.01250).
The 1day RSI hasn't been that overbought in 3 years (since November 1st 2020).
The uptrend isn't finished so you still have time to target the next technical Resistance, the 1day MA200 at 0.01600.
After that, buy when the 1day RSI gets oversold at 30.00 again.
Previous chart:
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HEXUSD Falling Wedge breakout tests the MA100 (1d).HEXUSD crossed over both the 2 month Falling Wedge pattern, as well as the MA50 (1d).
This is a clear bullish signal for the long term but the short term is still limited by the MA100 (1d), which is unbroken since May 11th.
Trading Plan:
1. Buy after the price crosses over the MA100 (1d).
Targets:
1. 0.011800 (Resistance 1).
Tips:
1. The RSI (1d) turned quickly overbought over the 70.00 level. That potentially indicates that unless the MA100 (1d) breaks, the market needs a relief pull back or consolidation until those levels get neutral again.
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HEX LONGTERMAttention HEXICANS:
Most BEARS have adjusted their BOTTOM TARGET FOR BTC
to 20k...when will this play out?...could take a couple of
months. The key here is to WATCH for a BTC final shakeout and
retest of 20k...sending ALTCOINS DOWN WITH IT...this would be
the perfect storm for a HEX DOUBLE BOTTOM formation. I've seen this
pattern play out in 2 previous BEAR CYCLES. Be sure to have
liquidity ready should this play out...it would IMO...be the
TRADE OF A LIFETIME!
************* HAVE A HAPPY HEXICAN DAY! ****************