HEX Retest of 51.7 Cents

HEX has formed a solid double bottom after much panic selling. It is ready to reverse and retest all time high. This chart isn't really about timing. It is mostly about the price levels that it must travel through to get back to the all time high.

Broken supports become resistance points for the price. However, large buys can melt through these resistance points like butter. This is especially true when the liquidity is low.

And, we may see exchanges start to buy hex so that they can offer it to their clients. Poloniex recently listed HEX. Other exchanges may follow.