HEX (HEXUSDT) is on a strong 3-day rise after it hit the bottom (Lower Lows trend-line) of the Channel Down pattern that started on the August 14 2022 High. We have used the 1D MA50 (blue trend-line) as a short-term target before and this is what we are after again. On the medium-term we expect a Lower High of the Channel Down to be formed on the 0.618 Fibonacci...
HEX (HEXUSDT) has been trading within a Falling Wedge pattern since July. Today it is on a strong 1D candle with the RSI rebounding on the 30.000 oversold barrier. Having priced a new Lower Low at the bottom of the Falling Wedge, this move has the potential to hit the 1D MA50 (blue trend-line) on the short-term and the 1D MA200 (orange trend-line) on the...
