HEX has formed a solid double bottom after much panic selling. It is ready to reverse and retest all time high. This chart isn't really about timing. It is mostly about the price levels that it must travel through to get back to the all time high.
Broken supports become resistance points for the price. However, large buys can melt through these resistance points like butter. This is especially true when the liquidity is low.
And, we may see exchanges start to buy hex so that they can offer it to their clients. Poloniex recently listed HEX. Other exchanges may follow.
Broken supports become resistance points for the price. However, large buys can melt through these resistance points like butter. This is especially true when the liquidity is low.
And, we may see exchanges start to buy hex so that they can offer it to their clients. Poloniex recently listed HEX. Other exchanges may follow.
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.
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.