For every chart I post I get at least 3 requests for TA on HEX and as the launch of pulse chain approaches the rate of requests is only increasing.
People have alot opinons on HEX and its founder Richard Heart but the chart never lie and the tape is always the true gauge of what buyers and sellers and doing with their money.
I am not a promoter of HEX nor a highly active participant in the but one can not be intellectually honest and ignore the fact that HEX has what moves markets.
Targets: High
When: For a while
One of the most telling signs of a market corner is price increase on bad news. Hex has nothing but bad news and even with the talk of SEC investigations industry wide HEX managed a 4x return in a bear market. BULLISH
Hex has age, users, promoters, excitement, flawless operation, and yes a founder that gets attention.
Users are what drive prices through the action of not selling and recruiting others to buy what they have had obvious real sucess with.
Bear markets and time are always the real test of a projects viability and the conviction of those that support it. The strongest projects not only just survive but enjoy the largest rallies in a bear market as in the 4x Hex just did AGAIN.
Like it, love it, or hate it the community backing Richard Heart, HEX, Pulse Chain, and Pulse X is BY FAR the most active and knowledgable in all of crypto.
If the name was changed from HEX to something INU that launched a few months ago it would be the number one talked about project of all time.
Yet after 3 years of flawless operation HEX is still here, Hexicans are still more than satisfied, and the chart reflects its sucess.
Crickets!
TA:
Chart is a daily line chart from launch 3 years ago to present day
Red squares on the chart represent the size of the average rallies and declines since launch. It is a measured move that reappears over and over again on the chart.
In larger impulsive moves we are able to get some idea of how far the price can move before a potential sell off and how large these sell offs typically are.
The Red angles on the chart are a copy of the previous bull run at a 1/1 starting at the current swing low. The second red angle is a copy of the average lows of the previous bull run.
The blue angles are simply 30 and 45 degree angles drawn from the current swing low and high to represent an average bullish channel.
Price action remains extrememly bullish anywhere over the 30 degree angle and anything under warrants re-evaluation.
People have alot opinons on HEX and its founder Richard Heart but the chart never lie and the tape is always the true gauge of what buyers and sellers and doing with their money.
I am not a promoter of HEX nor a highly active participant in the but one can not be intellectually honest and ignore the fact that HEX has what moves markets.
Targets: High
When: For a while
One of the most telling signs of a market corner is price increase on bad news. Hex has nothing but bad news and even with the talk of SEC investigations industry wide HEX managed a 4x return in a bear market. BULLISH
Hex has age, users, promoters, excitement, flawless operation, and yes a founder that gets attention.
Users are what drive prices through the action of not selling and recruiting others to buy what they have had obvious real sucess with.
Bear markets and time are always the real test of a projects viability and the conviction of those that support it. The strongest projects not only just survive but enjoy the largest rallies in a bear market as in the 4x Hex just did AGAIN.
Like it, love it, or hate it the community backing Richard Heart, HEX, Pulse Chain, and Pulse X is BY FAR the most active and knowledgable in all of crypto.
If the name was changed from HEX to something INU that launched a few months ago it would be the number one talked about project of all time.
Yet after 3 years of flawless operation HEX is still here, Hexicans are still more than satisfied, and the chart reflects its sucess.
Crickets!
TA:
Chart is a daily line chart from launch 3 years ago to present day
Red squares on the chart represent the size of the average rallies and declines since launch. It is a measured move that reappears over and over again on the chart.
In larger impulsive moves we are able to get some idea of how far the price can move before a potential sell off and how large these sell offs typically are.
The Red angles on the chart are a copy of the previous bull run at a 1/1 starting at the current swing low. The second red angle is a copy of the average lows of the previous bull run.
The blue angles are simply 30 and 45 degree angles drawn from the current swing low and high to represent an average bullish channel.
Price action remains extrememly bullish anywhere over the 30 degree angle and anything under warrants re-evaluation.
Comment:
Still going up my next personal target is .12 and then some cool off. Never know may just keep going if pulse chain news brakes
