HEX/USDC Elliot Wave Analysis Bullish
Current price is 0.072 cents and we are a small pullback for a wave 4 (appears to be a zigzag) of the larger wave 3 on this bull run. Target for the completion the 5th wave smaller degree (to complete the larger wave 3) is around $.12 - $.15 cents. Then we will get a bigger pullback wave 4 from all the psychological selling levels... But then another push to around $0.30 cents to finish wave 3 of the Supercycle degree. Bearish divergence can be seen in the RSI which is normal for finishing a wave 3.
Today is a good day to be a buyer, and once you're in $.12-.15 cents range, take some small profits.... But get ready to be a buyer again for the pullback. The big Supercycle wave 5 completion is $1.40-$2.00 range possibly sometime next year.
Good luck!
Today is a good day to be a buyer, and once you're in $.12-.15 cents range, take some small profits.... But get ready to be a buyer again for the pullback. The big Supercycle wave 5 completion is $1.40-$2.00 range possibly sometime next year.
Good luck!