HEXLong
HEXUSD The 1day MA50 is your buy signal
HEXUSD is testing a double Resistance level, the Falling Resistance since May 16th and the 1day MA50.
The latter hasn't been broken since July 30th. With the 1day RSI though on a Bullish Divergence, it is more likely to see it break.
In that case, we expect the price to rise aggressively. Buy a 1day MA50 break out and target 0.006650 (under Fibonacci 0.236).
After that, the next buy opportunity will be near the 1day MA50 again (pull back) for a 0.01250 target (Fibonacci 0.382). That may test the 1day MA200.
Follow us, like the idea and leave a comment below!!
The latter hasn't been broken since July 30th. With the 1day RSI though on a Bullish Divergence, it is more likely to see it break.
In that case, we expect the price to rise aggressively. Buy a 1day MA50 break out and target 0.006650 (under Fibonacci 0.236).
After that, the next buy opportunity will be near the 1day MA50 again (pull back) for a 0.01250 target (Fibonacci 0.382). That may test the 1day MA200.
Follow us, like the idea and leave a comment below!!
TheCryptagon offers news & insights on global markets (crypto, forex, stocks, commodities). Follow so you don't miss anything!
🤑Message us for private forex & crypto signals in our VIP channel (70% accuracy)!💰
TELEGRAM: t.me/thecryptagon
🤑Message us for private forex & crypto signals in our VIP channel (70% accuracy)!💰
TELEGRAM: t.me/thecryptagon
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.