We saw some wild price action even in the past two days on the HexUsd chart with a wick down to $0.003791
This is not Good obviously I post not to cause panic and with as much neutrality as possible given the fact I know Hexicans sitting in heavy losses.
The usd chart has a bear flag that has already broken to the down side pointing towards $0.001745
If BTC was to move higher in the opposite direction
We can see this idea reaching it's target a further -70% loss against Satoshi's coin. @TheCryptoSniper
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This idea completely got blown out the water. Richard Heart is going for glory and putting the entire #Crypto industry on his back fighting the #SEC everyone should be supporting him .
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see the above comment crypto is such a brutal
when one cult personality controls the outcome of your coin ... a tweet will move the price like he did.
But the charts were pointing for a roundtrip anyway..
best everyone puts their economic energy from these two coins into PLS/x
if you desire to salvage as much equity as you can.
@soypaperhand, what a Reversal . kudos to RH... he's gonna get Gary Gensler booted out of office.
ahugertree
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I agree a big move is coming in the next 2 weeks. I think this is a bottom signal though with the amount of people going to alternative communities. Looking like a W bottom with these marginally lower lows on the high timeframe.
BallaJi
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@ahugertree, SEC date coming up ... I support RH decison of non response as technically this is Defi. But speculators like clarity and would have preferred him to do a cash settlement. Even fighting in court is bearish due to the cost and time associated with US legal proceedings. any which way u slice it, there could only be 14 months left of this Bull run... time is running out for RH investors this cycle.
BallaJi
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@ahugertree, haha me changing my pfp to titanX logo could well indeed a bottom signal!
But capital flows do matter. and there is alot of capital leaking out HEX/PLS/X into TitanX that is undeniable... question how much of it comes back. and how much more continues to flee.
ahugertree
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@BallaJi, ya january is the make or break for the rh ecosystem, will be interesting where the hex/btc monthly closes
Pavkos3
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rekt coin with same community , moon believers forever