HEX dips 22.6% post Pi Cycle Bottom, resulting in bullish TD reversal indicator and small Golden Cross on 12-hour chart. Foolish Byrne...
HEX to Bitcoin as a store of value. Maybe you should look at this.
To remove all confusion, remove the weekly candles.
HEX appears to be printing a smaller inv-H&S pattern embedded inside the right shoulder of a larger one. Will be interesting to see how it plays out.
A forceful move beyond its all-time-high would be business as usual for HEX, but will the market support it?
HEX looks primed to do a 2.5x in less than two months, if it stays true to its performance history. How many charts, in crypto or otherwise, look anything like this?
My only hangup with being bullish BTC had been the similarity between two bearish indicators that showed up on the three day chart in 2018 that was persisting in BTC's current chart. That's now a thing of the past unless BTC dumps hard and suddenly. Otherwise, it looks like clear sailing.
Although the daily and weekly BTC charts look somewhat strong, the three-day shows an underlying weakness similar in form to that of 3 February 2018 ahead of a fairly immediate 62.8% dump and subsequent market bottom.
As if HEX's outperformance hasn't been jaw dropping enough for the past 19 months, it appears to be consolidating above the trend line that conjoins it's all-time-high upper wicks since the beginning of the year. Is that a thing? I'm not even sure that's allowed.
The HEX-USDC chart is likely one of the best looking charts you will find -- certainly for today -- in the crypto space. It's now in blue-sky territory and vying for Tether's market cap position just below ETH itself.