This one is for my hexicans and those waiting for the right moment to sac for pulse X... Pulse X rates going up in 30mins. Does it matter? Just a bit if the price of hex goes up...
Currently we're seeing a broadening ascending triangle. Which has a high probability of breaking bullish. In addition, a lot of times these kind of patterns also forms reverse head & shoulders. Which has a high probability of breaking bullish also. If the reverse head & shoulder pattern happens. Price will head towards retesting next resistance.
Don't recommend (day)trading. However, if you do. You might wanna check out my indicators. Good luck and may the trend gods be with you!
People bored with Bitcoin...they will be looking for alternative coins to jump start this new year...HEX thrives in BEAR markets...I'm calling .21 as bottom!
freddie1996
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I want HEX to go to $0.16 where i have limit orders, but at the moment HEX is looking strong and is struggling to come down, bullish divergence, and structural signs it is turning bullish again ready for a pump upwards. Do you think we could still drop below $0.19 and go to $0.16 even? Or are you now more bullish short term and don't think it will break $0.19?
bonic
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@freddie1996, There is always a possibility. However, with that being said. Are the chances high short term? Not realy, chance breaking bullish is higher currently. Also short term I'm seeing a small bull flag and the indicators are quite bullish. Showing money flow coming in for quite some time now... That was a good question. Appreciate!