Lesson not Learned? Read again 💀🔥Crypto can be a very dark place. One needs to do research, learn and set rules.
RULE NUMBER ONE (again):
Never trust a person/team which keeps launching more and more tokens/projects
Simple as that.
Let's not blame this one on the SEC... This is purely crypto hill-billie Richard Heart and you had been warned...
I love crypto - I hate these people... let's show them the boot!
Next Richard Heart?
Look at XEN... he is next (the same)
Fool me once...never twice!
One Love,
The FXPROFESSOR
PS. The good crypto will prevail eventually.. Regulate it but please regulate it right.
news: SEC accuses crypto influencer Richard Heart of securities fraud in new lawsuit: blockworks.co (nobody should be surprised for this one)
HEXUSD trade ideas
ATTENTION ALL HEXICANS!Did RH call the bottom in a recent tweet?...possibly so!
Look for a strong push out of this FALLING wedge formation...
followed by a back test of .03 cents. If we hold and bounce
off that than I would STRONGLY encourage to DCA at those
levels. I am convinced RH "knows" when the bottom is in.
I would take his ADVICE and GET OFF YOU BUTTS!
********* HAVE A HAPPY HEXICAN DAY! ********
Patience is KEY hereAll up to Big Daddy BTC. Looks to me BTC could be in a "buy the rumor...
sell the news event" I think HEX will retest 1/2 a penny soon and we either
BREAK IT and hold it as support or we see one more SHAKE OUT .
My best guess is BTC will retest 29500 and soon after a quick sell off
back down to 19k. Remember...liquidity flows in and out of BTC back
into ALT's and vis versa. Either way...I'm waiting patiently...in the thick
brush...waiting to pounce on any lower price action opportunity!. Falling
wedges are BULLISH indicators...so the question remains...has HEX truly
bottomed or are we looking for one more sell off? That's why I say
PATIENCE is key here. I imagine most people who are in the "know" with
HEX are just about out of DRY powder...so another shake out would not
surprise me. This is when you press your big fat BUY BUTTON!
************** HAVE A HAPPY HEXICAN DAY! ****************
HEXUSD Buy signal within the Channel Down.HEXUSD completed 2 straight 1D green candles after reaching the bottom of the Channel Down pattern. The 1D RSI completed a Lower Lows pattern similar to the June 14 bottom sequence that was the last major buy signal for HEX. As a result, we turn bullish on this crypto, targeting the top (Lower Highs trend-line) of the Channel Down at 0.0056. If however the 1D RSI reaches the Resistance zone earlier, we will take profit at the given price.
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Bullish...no worries in this campCould we possibly hit .001-.002?...probably not...but why wait?
We have Bullish divergence on multiple DAILY time frames. This is
an excellent area to be DCA in preparation for the upcoming
ALTCOIN bull cycle. It will be short. HEX on ETH could possibly
outperform my chart and retest .39 cents before a big retrace.
Take profits @ .19 and leave some for a possible wick to ATH.
Not financial advice...just mindless charting...or is it?
Hmmmmmmmm.
***************Have a HAPPY HEXICAN DAY!****************
HEXUSD: Buy signal on an RSI Bullish Divergence.HEXUSD is on a price Double Bottom while the the 1D RSI is rising for more than 3 weeks. This Bullish Divergence has been spotted on another two price Double Bottoms in the past 12 months. With the price also under the 1D MA50, on July 12th 2022 and October 15th 2022, that Bullish Divergence initiated a rally that peaked at +158% and 71.80% respectively. We are buying this structure and aim at another +150% rise (TP = 0.01700).
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HEXUSD Confirmed long term buy signalHEXUSD hit the bottom of the 2023 Channel Down and is rebounding along with the RSI (1d).
It remains under both the MA50 and MA200 (1d), implying significant upside potential.
A similar price action is noticable during the previous Channel bottom in January.
Trading Plan:
1. Buy on the current market price.
Targets:
1. 0.0500 (top of the Channel Up and +650% rise such as the previous bullish leg).
Tips:
1. The RSI (1d) has rebounded from the oversold zone and is above the MA again. This is a potential indicator of momentum shift.
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HEXUSD Buy signal targeting 0.0300HEXUSD hit the bottom of its 1 year Channel Down with the 1D RSI oversold below 30.00. This has been a strong buy signal on all three previous occasions inside this pattern. With the 1D MA200 (orange trend-line) as the medium-term Resistance, we will target (slightly below) the 0.5 Fibonacci retracement level (at least) at 0.0300, similar to what took place on August 14 2022.
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Set your limit orders...Possible M pattern playing out on the 4 hour...we could also just as well paint a W pattern and go back up!
My recommendation is to set a BUY LIMIT order around 1.8 cents...trying to set in any lower and you
may miss this LAST opportunity to buy HEX below 2 cents. Good luck and by the way...HEX is looking
amazingly BULLISH in the charts. Sleep well and set your limit orders!
**************************HAVE A HAPPY HEXICAN DAY!!!*****************************
HEX is a No BrainerYou don't need any other chart than the one your looking at now.
So yes...we had a massive selloff during the Pulse Chain launch.
Whales are attempting to SCARE you outta your HEX trade. Don't
fall for it. HEX is sitting beautifully below the .786 FIB retrace.
I seriously doubt we go to a full 1:1...so now is an excellent time
to DCA. Remember...PulseChain is gonna run first...then profits
from PLS will filter back down into HEX...stop "waiting" for .01-02
HEX...we will range is this area for awhile...3-6 months and no
doubt we will retest this low. Hang on to your HEX hats and get
ready for a massive pump...probably late summer or sooner!
*****************Have a HAPPY HEXICAN DAY!******************
HEXUSD: Crossed over the 1D MA50 giving a buy signal.HEXUSD crossed today over the 1D MA50 and despite the equally strong retracement back under it, it gave a strong buy signal on a 2 month horizon. The 1D technicals are neutral on the 1D timeframe (RSI = 47.190, ADX = 18.360) supported by the 1D MA200. Since it crossed above the LH trendline last week, it entered a same pattern as January 6th that rebounded straight to Fibonacci 1.382. We have a more modest target on R1 (TP = 0.13000).
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Rumor has it...I've heard Whales are selling off HEX to essentially "shake out" weak hands.
Yes, this will no doubt shake out weak hands...but I would not count on another
40% downside from current prices. If so, load up what's left of your dry powder
and get ready for MASSIVE gains!
**********HAVE A HAPPY HEXICAN DAY************
Testnet V3 is live - Fly me to the moonPulsechain test net V3 is live, this is the final test net before main net. Pulsechain originated to give HEX and all other ERC20s a new home with lower fees and higher speeds. HEX buying is happening before the official 5th- Pulse fork.
Now, in my last post we commented on the Golden cross which indicated a bullish trend reversal. To say the least, this played out. We saw the Golden cross pattern complete across virtually every time frame. With the cherry on top being the launch of V3 like I just mentioned. With all of these perameters we can estimate an epic pump here. There is a large liquidity range between 12 and 15 cents. If we can break past 15 cents 12 cents will likely hold us for support. Hex is the best performing asset of 2023, that's an actual fact.
Welcome to Hexico.
Golden CrossFirst Golden Cross has been established for HEX.
A golden cross is a chart pattern in which a relatively short-term moving average crosses above a long-term moving average. The golden cross is a bullish breakout pattern formed from a crossover involving a security's short-term moving average (such as the 15-day moving average) breaking above its long-term moving average (such as the 50-day moving average) or resistance level. As long-term indicators carry more weight, the golden cross indicates a bull market on the horizon and is reinforced by high trading volumes.
Six and-a-halfThe technical analysis suggests that HEX is currently testing the .065 cent range resistance. If HEX can successfully clear this resistance before a pull back, it is likely to build support at .06 cents and test the next resistance level just before entering into all time highs territory.
For great summary of current HEX conditions watch the video from two days ago by cryptosloth featuring silvertheantidote and axis alive.
In terms of momentum, it may be helpful to keep an eye on the Moving Average Convergence Divergence (MACD) indicator and the Volume Weighted Average Price (VWAP). If the MACD line crosses above the signal line, it can indicate a bullish trend, and if the VWAP is trending upwards, it can indicate increasing buying pressure.
Additionally, it's important to consider the overall market sentiment and any news or events that may impact the price of HEX. For example, the adoption of HEX by a major player or a new partnership could positively impact its price, while negative news such as a security breach could negatively impact its price. Pulsechain launch could spark such an event very soon.
BAM!...YEP! HEX just getting started.BULLISH RSI on the weekly time frames. Price moving down while RSI makes higher LOWS. Could we come down and retest 1.7 cents and create and double bottom?
I highly doubt it...but KUDOS if you managed to grab a bag down at those levels. See ya at the next HEX PARTY coming to a town near you!...gotta go work on my twerk...
BULLISH indicator on weekly RSIPrice is moving down while RSI continues to have higher highs. THIS IS BULLISH AF. We could see one more touch on the RSI (indicated in red)
during the month of FEBUARY. If we do have one more touch on this line (red circle) while (PRICE) continues to have another leg down than consider
yourself very lucky get some HEX around a penny...however, as the old saying goes...it it really worth the risk to MISS THE TRAIN if price only continues
to move up from here? Not financial advice but the WEEKLY RSI data is BULLISH. Since this is a WEEKLY indicator...hitting a penny would happen around
early to mid FEB. I am of the opinion this is a EXCELLENT area to DCA into HEX. Good luck!