HEXUSD is approaching the R1 level (0.012700), which is a resistance holding since July 14 2023, already having three rejections. The 1W MA50 is aggressively moving towards it from above as well, so if the price crosses the R1, closing a 1D candle over it while also closes a 1W candle over the 1W MA50, we will have the strongest bullish breakout signal possible. A...
HEXUSD is on a price Double Bottom while the the 1D RSI is rising for more than 3 weeks. This Bullish Divergence has been spotted on another two price Double Bottoms in the past 12 months. With the price also under the 1D MA50, on July 12th 2022 and October 15th 2022, that Bullish Divergence initiated a rally that peaked at +158% and 71.80% respectively. We are...
